Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday after bargain buying lifted futures from four-month lows, said traders. They said buy stops and deferred-month technical […] Read more
Tag Archives feeder cattle
U.S. livestock: Bargain buying rallies CME hogs
U.S. livestock: CME live cattle end firmer despite cash pessimism
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained modestly on Wednesday, aided by their discounts to this week’s cash price expectations, said traders. They said sufficient supplies […] Read more
U.S. livestock: CME hog futures hit four-month low
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest level since early December on Tuesday, with ample supplies dragging down cash prices for a ninth […] Read more
Klassen: Feeder cattle upward trend stalls
Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Noticeable slippage was noted in shorter-keep cattle while lighter weight categories experienced spurts of $2-$3 above last week’s prices. […] Read more
U.S. livestock: CME hog futures slump on pork demand fears
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Monday, pressured by concerns that the seasonal bump in supplies might further hurt cash prices and curb retail […] Read more
U.S. livestock: Cash discounts lift live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed firmer on Wednesday, with support from short-covering tied to futures’ discounts to preliminary cash prices, said traders. April live […] Read more
U.S. livestock: Fallen cash, pork prices sink CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday slumped to their lowest level in two months, as cash and wholesale pork values dropped on abundant supplies, said […] Read more
Klassen: Feeder cattle continue upward trend
Western Canadian feeder cattle prices traded $3-$5 above week-ago levels with lighter weight categories selling $6 to $8 higher. Alberta packers were buying fed cattle in the range of $286 […] Read more
U.S. livestock: CME lean hog futures extend losses
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures’ selloff last Friday carried over into Monday, led by fund liquidation and weaker cash prices, traders said. April hogs ended […] Read more
U.S. livestock: CME lean hogs give back recent gains
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Friday suffered their biggest one-day loss in a month, with pressure from liquidation by funds that were largely responsible […] Read more