Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a one-week high on Monday as the market recovered from steep losses last week. Firm prices in the cash market on Friday supported the rebound in futures, brokers said. CME December live cattle futures ended up 1.025 cents at 183.25 cents/lb. (all figures US$). […] Read more
Tag Archives Cattle — page 25
U.S. livestock: CME live cattle recover off recent slide, eye cash prices
Lean hogs also align with cash prices
U.S. livestock: CME feeder cattle recover off May-level low
Live cattle, lean hogs also higher
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures fell to their lowest level since May on Friday before ending higher, while live cattle recovered from June lows reached earlier this week. Strength in the cash market helped boost futures, traders said. Reports of meatpackers paying $185/cwt in Texas and $186/cwt in Nebraska represented […] Read more
U.S. livestock: CME cattle ease on larger U.S. supply, weaker equities
Lean hog futures continue higher
Chicago | Reuters — Chicago Mercantile Exchange cattle futures eased on Thursday, with losses in equities and bigger-than-expected U.S. livestock supplies dragging down the markets. Traders kept an eye on Wall Street as weakness in stocks and concerns about the economy can limit consumer demand for pricey beef, analysts said. Stocks closed lower amid signs […] Read more
U.S. livestock: CME cattle, hogs rebound after recent losses
'Monday's washout was probably a bit overdone'
Chicago | Reuters — Cattle futures jumped at the Chicago Mercantile Exchange on Wednesday, bouncing off June lows hit this week on larger-than-expected U.S. supply numbers. Futures prices collapsed on Monday after the U.S. Department of Agriculture, in a report issued after markets closed on Friday, said that producers placed more cattle than expected into […] Read more
U.S. livestock: Cattle futures set June lows at CME
Lean hog futures touch contract lows
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit their lowest levels since June on Tuesday, as the market continued to digest larger-than-expected U.S. supply numbers. The market stabilized, however, after the February contract on Monday tumbled by the exchange-imposed daily trading limit. Trading limits for live cattle will revert back to the […] Read more
U.S. livestock: CME cattle sink to June lows
Lean hogs set contract lows
Chicago | Reuters — Chicago Mercantile Exchange cattle futures plunged to four-month lows on Monday under pressure from bigger-than-expected placements into U.S. feedlots last month. Lean hog futures set contract lows. The U.S. Department of Agriculture, in a monthly report issued after trading ended on Friday, said placements of cattle in feedlots during September totaled […] Read more
U.S. livestock: CME hog futures hit contract lows
Cattle futures also sag
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell to life-of-contract lows on Friday and cattle futures also retreated, pressured by technical selling and worries that a slowing global economy could hurt demand for meat, traders said. Hog futures fell the most, with the benchmark December contract settling down two cents, […] Read more
U.S. livestock: CME cattle sag on packer margins, beef export sales
December lean hogs turn slightly lower
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 demand for livestock, brokers said. A marketing-year low in weekly U.S. beef export sales also hung over the market. Meat companies are grappling with tight […] Read more
Cattle handling embraces quieter, stress-free environment
Arrowquip ups the game for all-in-one portable livestock handling systems
Cattle comfort and industry efficiency depend in part on stress-free handling. At Canada’s Outdoor Farm Show last month, Tim Prior, owner of Brussels Agri Services Ltd., used his Wagyu cattle to demonstrate the compact, quiet and versatile Arrowquip Heeler 87C system. Why it matters: Livestock handling innovation continues to focus on quiet, non-stressful movement of […] Read more
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
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 to higher, traders said. Hog futures were also mixed on the day. February and May lean hog futures dipped to new contract lows on sluggish […] Read more
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