Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped to contract lows on Tuesday on follow-through and technical selling after recent slides, traders said. Front-month April lean hogs settled down 0.725 cent at 77.05 cents/lb. after hitting a contract low at 77 cents (all figures US$). The contract has lost 12 per cent […] Read more
Tag Archives Cattle — page 43
U.S. livestock: CME lean hogs hit contract lows on follow-through selling
Cattle futures edge upward
U.S. livestock: June live cattle, hogs continue lower
Feeder cattle also down on day
Chicago Mercantile Exchange’s most-active June live cattle and lean hog contracts continued on a downward track in Monday’s trade. June live cattle closed Monday at $155.525, beneath the lower end of its 20-day Bollinger range and down 87.5 cents from Friday’s close (all figures US$ per hundredweight). Front-month April, meanwhile, opened near its 50-day moving […] Read more
U.S. livestock: Nearby CME lean hogs recover slightly from slide
April cattle futures lower; U.S. cattle on feed in line with expectations
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended slightly higher in the nearby contract on Friday in a rebound from steep declines this week, though deferred contracts extended losses, traders said. Lower cutout values continue to hang over the futures market, along with broader pressure from market turmoil in the banking sector, […] Read more
U.S. livestock: Hogs limit down on disease chatter
Chicago cattle futures close higher
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank by the maximum daily trading limit on Thursday on rumours about a potential outbreak of a fatal pig disease which the U.S. government later said were untrue. Unsubstantiated chatter about a U.S. case of African swine fever swirled in the market, but the U.S. […] Read more
U.S. livestock: CME cattle set multi-week lows as bank selloff hits Wall Street
April hogs, feeder cattle also lower
Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled to multi-week lows on Wednesday as losses in U.S. stocks and fears about a banking crisis spilled into livestock markets, analysts said. The Dow and S+P 500 closed lower as problems at Credit Suisse piled more pressure on the banking sector. Declines in equities hit […] Read more
U.S. livestock: CME cattle, hogs decline amid demand worries
April feeder cattle lowest since March 3
Chicago | Reuters — Chicago Mercantile Exchange livestock markets ended lower again on Tuesday, with cattle and hog futures easing on demand concerns, analysts said. Front-month feeder cattle futures hit their lowest price since March 3, extending a retreat from a 2015 high reached last week. Front-month live cattle, meanwhile, touched a three-low on Monday. […] Read more
Livestock producers must watch for zoonotic diseases
Several diseases can be easily passed from animals to humans
Cryptosporidia and giardia are two intestinal parasites that can cause diarrhea in people and calves. These parasites are single-celled organisms (and Cryptosporidium is a common cause of diarrhea in both beef and dairy calves under one month old. Young children, pregnant woman and immune-compromised adults who are infected can have severe diarrhea and abdominal pain. […] Read more
U.S. livestock: CME live cattle hit one-month low on profit-taking
Hogs, feeder cattle also lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to their lowest price in more than a month, while feeder cattle sank below a one-week low on Monday on profit-taking following recent rallies, brokers said. Feeder cattle closed lower for the third consecutive session after the front-month contract touched a 2015 high last […] Read more
U.S. livestock: CME feeder cattle retreat as corn prices rise
Live cattle also lower, lean hogs up
Chicago | Reuters — Feeder cattle futures on Friday extended a setback from 2015 highs the front-month contract reached this week, as rising corn prices temporarily dampened expectations for cheaper livestock feed, analysts said. Corn futures ended higher on the Chicago Board of Trade after sliding earlier to a seven-month low. Feed is generally the […] Read more
U.S. livestock: CME feeder cattle pull back
CME lean hogs end day mixed
Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange on Thursday ended lower on Thursday as the front-month contract pulled back from its highest prices in nearly 7-1/2 years. Traders took some profits after futures rallied recently on falling corn prices, brokers said, adding that continued declines in the corn market could […] Read more
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