cattle futures Archives

U.S. livestock: Live cattle hit contract highs on weather woes

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose Tuesday, with the benchmark June contract hitting a high as poor feedlot conditions in portions of the U.S. Plains raised concerns about beef supplies, traders said. Lean hogs closed lower in a profit-taking setback from contract highs set a day earlier. Fat cattle futures […] Read more

Livestock, Markets

Klassen: Feeder market continues consolidation pattern

By Jerry Klassen, GFM Network News 2 days ago

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. The market was quite variable across the Prairies. Demand from south of the border evaporated due to adverse weather while southern Alberta experienced favourable spring conditions. Alberta packers were buying fed cattle at $260 on a dressed basis, up […] Read more

Livestock, Markets

U.S. livestock: Hog futures rise on pork export optimism

By Julie Ingwersen, GFM Network News 2 days ago

Chicago | Reuters — U.S. front-month hog futures surged on Monday, extending last week’s advances on expectations of additional export sales to China, where African swine fever has decimated the world’s largest hog herd, traders said. “We had that huge sale of pork to China last week, and the market is anticipating more sales,” said […] Read more

Livestock, Markets

U.S. livestock: Hogs limit up as swine fever cuts Chinese herd

By GFM Network News 5 days ago

Chicago | Reuters –– U.S. hog futures rallied to a five-month high on Friday, closing at their daily trading limit on improving export prospects due to a sharp reduction in China’s domestic supplies, traders said. China’s pig herd slid 16.6 per cent in February from the previous year, as African swine fever swept the country, […] Read more

Livestock, Markets

U.S. livestock: Hog futures rally on improving export prospects

By GFM Network News March 14, 2019

Chicago | Reuters — U.S. hog futures jumped 3.5 per cent on Thursday, supported by signs that exports could pick up due to rising Chinese demand, traders said. China bought 23,846 tonnes of U.S. pork last week, its biggest purchase in nearly two years, U.S. Department of Agriculture data showed on Thursday. Chinese hog prices […] Read more

Livestock, Markets

U.S. livestock: Hog futures mixed after hitting three-month high

By GFM Network News March 13, 2019

Chicago | Reuters — U.S. lean hog futures were mixed on Wednesday, with the front-month contract easing on profit-taking after rallying to a three-month high while deferred contracts rose on expectations of tight supplies, traders said. Live cattle contracts were firm following two straight days of declines with concerns about a massive U.S. storm system […] Read more

Livestock, Markets

U.S. livestock: Hogs extend win streak on short-covering, firm cash

By GFM Network News March 12, 2019

Chicago | Reuters — U.S. lean hog futures rallied to two-month high on Tuesday, their third straight day of gains, as investors scrambled to cover shorts amid concerns about supplies and signs of cash market strength, traders said. Live cattle futures were weaker, with abundant supplies continuing to weigh on the market. Concerns about African […] Read more

Livestock, Markets

Klassen: Feeder market holds value

By Jerry Klassen, GFM Network News March 12, 2019

Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Buying interest for yearlings was somewhat stronger while calves in the eastern Prairie regions were softer. Moderate temperatures are in the seven-day forecast for most of Western Canada, so the risk discount due to adverse weather has evaporated. Barley jumped an additional […] Read more

Livestock, Markets

U.S. livestock: Hog futures rally for second day

By GFM Network News March 11, 2019

Chicago | Reuters –– U.S. lean hog futures rallied 3.7 per cent on Monday to their highest level since January, with strength in the cash market leading the way, traders said. But cattle futures weakened, setting back from Friday’s gains amid plentiful supplies. Chicago Mercantile Exchange April lean hogs settled 2.3 cents higher at 62.85 […] Read more

Livestock, Markets

U.S. livestock: Lean hogs rally in technical, seasonal bounce

By Karl Plume, GFM Network News March 8, 2019

Chicago | Reuters — U.S. lean hog futures rose sharply on Friday in a technical and seasonal-buying rally that took prices to the highest in a month, traders said. Futures were also lifted by stronger cash hog and pork prices and on expectations for improving pork exports, especially if African swine fever in China elevates […] Read more

Tag Archives cattle futures

U.S. livestock: Live cattle hit contract highs on weather woes

Klassen: Feeder market continues consolidation pattern

U.S. livestock: Hog futures rise on pork export optimism

U.S. livestock: Hogs limit up as swine fever cuts Chinese herd

U.S. livestock: Hog futures rally on improving export prospects

U.S. livestock: Hog futures mixed after hitting three-month high

U.S. livestock: Hogs extend win streak on short-covering, firm cash

Klassen: Feeder market holds value

U.S. livestock: Hog futures rally for second day

U.S. livestock: Lean hogs rally in technical, seasonal bounce

GFM Network News

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U.S. livestock: Live cattle hit contract highs on weather woes

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