U.S. livestock: Hogs, most live cattle lower

Feeder cattle futures also down

Reading Time: < 1 minute

Published: February 17, 2023

,

CME April 2023 lean hogs with 20- and 100-day moving averages. (Barchart)

Chicago lean hog and cattle futures closed mainly lower Thursday with the exception of front-month February live cattle, which remained on its record-setting upward slope.

CME February live cattle finished up 0.225 cent at 162.775 cents/lb., extending the nearly-eight-year high on a continuous chart of the front contract (all figures US$).

Most actively-traded April live cattle, meanwhile, closed at 164.075 cents, down 0.525 cent on the day. CME March feeder cattle slipped 1.1 cents, to 186.225 cents/lb.

CME’s most-active April lean hogs contract was down 0.725 cent on the day, to 85.775 cents/lb. — Glacier FarmMedia Network

About the author

Dave Bedard

Dave Bedard

Editor, Grainews

Farm-raised in northeastern Saskatchewan. B.A. Journalism 1991. Local newspaper reporter in Saskatchewan turned editor and farm writer in Winnipeg. (Life story edited by author for time and space.)

explore

Stories from our other publications