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Tag Archives cattle futures — page 16

U.S. livestock: Cattle futures mixed, hogs firm
Livestock, Markets

U.S. livestock: Cattle futures mixed, hogs firm

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Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures were mixed on Wednesday, with deferred months mostly higher on bargain buying after hitting multiyear lows on Tuesday. But nearby live cattle contracts continued to weaken. The front-month contract hit its lowest level since October 2016 on expectations that the shutdown of a major beef […] Read more
U.S. livestock: Lean hogs end mixed as trade gauges trade war impact
Livestock, Markets

U.S. livestock: Lean hogs end mixed as trade gauges trade war impact

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday in choppy trading as investors weighed rising pork prices against weak cash hog values and rising concerns about pork exports to China. Spread trading steered some contracts up sharply while others, including actively traded October and December futures, retreated. “Spreads […] Read more
U.S. livestock: Lean hogs rally for second day
Livestock, Markets

U.S. livestock: Lean hogs rally for second day

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures posted strong gains for a second consecutive session Thursday, lifted by short-covering and technical buying following the market’s recent drop. Rising pork prices and solid pork exports supported the market, largely diluting concerns over U.S. trade tensions with China, the world’s top hog and […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder prices ratchet higher

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Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. Finishing feedlots were fairly aggressive on backgrounded cattle, which was the main source of yearlings last week. Early grassers are starting to come on the […] Read more
CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures swing wildly as trade war intensifies

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Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more
China’s demand for U.S. pork so far has been disappointing, analysts say. Photo: Thinkstock
Livestock, Markets

U.S. livestock: Hog futures set nine-month low on big supplies, China trade tensions

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Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures extended their decline on Friday, with the most active contract touching its lowest price in nine months under pressure from large supplies and the worsening U.S.-China trade war. Cattle futures also weakened. China on Friday vowed to fight back against U.S. President Donald Trump’s abrupt […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast