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Tag Archives Beef


Photo: ARS/USDA
Livestock, Markets

U.S. livestock: CME lean hogs dip as seasonal pressures mount

Live cattle futures eased slightly as cash trade remains light

By Christopher Walljasper August 23, 2023
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell for a third session on Wednesday, as seasonal pressure mixed with weaker pork prices, analysts said. “This time of […] Read more

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

U.S. livestock: CME live cattle ease, heat impacts in focus

Seasonal hog supplies pressure futures

By Christopher Walljasper August 22, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, […] Read more

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

U.S. livestock: CME live cattle climb on fewer feedlot placements

Lean hog futures down with cash prices

By Christopher Walljasper August 21, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second session on Monday, supported by a bigger-than-expected drop in cattle placements in July, reported after market […] Read more

CME October 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle recover from six-week low

U.S. cattle-on-feed data seen as supportive

By Tom Polansek August 19, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday after dropping to a six-week low, as traders adjusted positions before a government report showed lower-than-expected […] Read more

CME October 2023 live cattle with 20-, 50- and 75-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: October live cattle futures lowest since July

October hogs up almost a cent

By Tom Polansek August 17, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat […] Read more


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

U.S. livestock: CME live cattle set two-week low

Lean hogs touch June low

By Tom Polansek August 16, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since […] Read more

CME October 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Technical selling extends setback in CME lean hogs

Live cattle futures generally sideways

By Tom Polansek August 15, 2023
Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures […] Read more

JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets

JBS posts quarterly loss on tight U.S. beef margins

'Greater balance' forecasted for global chicken supply

By Reuters August 15, 2023
Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for […] Read more


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

U.S. livestock: CME lean hogs down on technical selling

Cattle futures also lower

By Tom Polansek August 14, 2023
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest level in six weeks on Monday on technical selling and ample U.S. supplies, brokers said. The […] Read more

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

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Lean hog futures show gains

By P.J. Huffstutter August 12, 2023
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for […] Read more

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