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U.S. livestock: Cattle futures drop on fund selling

Chicago | Reuters – U.S. cattle futures fell on Tuesday, with traders noting pressure from fund selling. Hog futures were slightly firmer as investors squared positions ahead of a key government supply report. Chicago Mercantile Exchange (CME) February live cattle futures dropped 1.2 cents to settle at 113.45 cents per pound. The contract found support […] Read more


CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle advance in bargain-buying bounce

CME lean hogs drop

Chicago | Reuters — U.S. live cattle futures firmed for a second straight day on Thursday on bargain buying and speculative buying after prices hit 2-1/2 week lows earlier this week. Futures firmed despite lower cash cattle prices and tumbling beef prices as packer demand held stable and processing margins remained profitable. “With the early […] Read more



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U.S. livestock: Cattle, hog futures fall as accelerating pandemic stirs demand concern

Chicago | Reuters – U.S. cattle and hog futures fell on Monday as cash beef and pork prices weakened and as accelerating coronavirus infection rates prompted tighter restrictions on restaurants and other food service outlets, threatening meat sales. Meanwhile, renewed tensions between the United States and China, after fresh U.S. sanctions on 14 Chinese officials, […] Read more

CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle futures gain on strong cash trade

CME lean hogs down off six-week high

Chicago | Reuetrs — Live cattle futures gained on Wednesday, supported by a firming cash cattle market as traders eye the consumer demand picture. Chicago Mercantile Exchange February live cattle futures added 0.75 cent to settle at 113.925 cents/lb. (all figures US$). Tighter cattle supplies could begin pushing cash markets higher, whittling away at historically […] Read more


CME February 2021 live cattle (candlesticks) with 20-day moving average (black line) and CME January 2021 feeder cattle (red line). (Barchart)

U.S. livestock: Live cattle up on cash market optimism, beef demand

Hogs up ahead of USDA exports report

Chicago | Reuters — Live cattle futures rose on Wednesday for a fourth straight session, climbing ahead of Thursday’s U.S. Thanksgiving holiday as strong packer margins fed expectations of improving cash cattle prices over the next few weeks, traders said. Chicago Mercantile Exchange February live cattle futures settled up 0.225 cent at 114.175 cents/lb. (all […] Read more