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Tag Archives Beef


CME January 2024 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle sag on packer margins, beef export sales

December lean hogs turn slightly lower

By Tom Polansek October 19, 2023
Chicago | Reuters — Live cattle futures eased and feeder cattle tumbled to June lows at the Chicago Mercantile Exchange on Thursday as poor margins for U.S. beef processors limited […] Read more

CME December 2023 live cattle with 20- and 50-day moving averages and June 2024 live cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures mixed as packer margins stay in red

December lean hogs up off Tuesday's contract low; deferred months lower

By P.J. Huffstutter October 18, 2023
Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mixed on Wednesday, as beef packer margins stayed in the red and cash cattle prices were expected to be steady […] Read more

CME December 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures rise on supply concerns

Chicago lean hogs slump

By P.J. Huffstutter October 17, 2023
Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Tuesday, amid ongoing concern over animal weights shrinking and a steady stream of heifers being sent to slaughter, traders […] Read more

CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME hog, cattle futures decline

Pigs seen bulking up on new-crop corn

By Tom Polansek October 17, 2023
Chicago | Reuters — Chicago Mercantile Exchange livestock markets weakened on Monday, with lean hog futures nearing their lowest price in more than four months. Concerns about lacklustre demand for […] Read more

CME December 2023 live cattle with 20- and 50-day moving averages and ICE December 2023 Brent crude (black line, left column). (Barchart)
Livestock, Markets

U.S. livestock: Cattle retreat as energy rally dents beef demand outlook

Lean hog futures mostly also lower

By Karl Plume October 14, 2023
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday as traders banked profits and squared positions ahead of the weekend as geopolitical turmoil riled energy markets and […] Read more


CME December 2023 live cattle with 30-, 40- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hogs rise on technical buying

USDA supply data seen as priced into market

By Reuters October 12, 2023
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday as technical buyers stepped into the market after prices weakened earlier in the session. Traders said the massive […] Read more

CME December 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Chicago cattle turn higher

CME lean hogs mostly lower

By Dave Bedard October 12, 2023
Chicago Mercantile Exchange (CME) cattle futures turned solidly higher Wednesday while lean hogs mostly continued lower. Most-active December live cattle closed 1.975 cents higher Wednesday at 186.975 cents/lb., erasing two […] Read more

CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle mostly lower

Lean hogs also down a second day

By Dave Bedard October 10, 2023
Most-active December live cattle on the Chicago Mercantile Exchange (CME) turned lower for a second day in a row Tuesday, as did lean hog and deferred-month feeder cattle futures. December […] Read more


CME December 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hogs down as Middle East war sparks risk-off selling

Smithfield to shut Charlotte, N.C. plant

By Karl Plume October 10, 2023
Chicago | Reuters — Chicago Mercantile Exchange cattle futures retreated on Monday while lean hog futures fell for the first time in four sessions, pressured by risk-off selling as violence […] Read more

CME December 2023 lean hogs with 10-, 40- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures rise for third day in a row

Cattle futures turn higher

By Reuters October 7, 2023
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday, extending a rally that was sparked by a strong export sales report a day earlier, traders said. […] Read more

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