Chicago | Reuters –– Chicago Mercantile Exchange lean hogs closed higher on Thursday on short-covering and bargain buying after futures tumbled to a seven-year low on Wednesday, traders said. CME […] Read more
Tag Archives feeder cattle
U.S. livestock: CME lean hogs rebound on bargain buying
U.S. livestock: Burdensome supplies slam lean hog futures
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell sharply on Wednesday, with some contracts posting new lows, led by profit-taking and seasonally rising hog numbers, traders said. […] Read more
U.S. livestock: Live cattle post biggest daily percentage gain in a year
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures surged about three per cent on Tuesday to their best one-day performance since October 2015, sparked by short-covering and technical […] Read more
Klassen: Prolonged negative margins weigh on feeder market
Western Canadian feeder cattle prices traded $5-$10 lower last week, with certain auction barns experiencing a week-over-week decline of $15. After 15 months of devastating margins, feedlots have thrown in […] Read more
U.S. livestock: Bargain buying rallies CME lean hogs
Chicago | Reuters — Most Chicago Mercantile Exchange lean hog contracts ended sharply higher on Monday, fueled by bargain buying following futures’ plunge by their three-cent/lb. price limit on Friday, […] Read more
U.S. livestock: Hogs, cattle tumble to multi-year lows on supply woes
Chicago | Reuters — U.S. hog and cattle futures plummeted to the lowest levels in years on Friday, extending recent declines amid abundant animal and meat supplies and as investors […] Read more
U.S. livestock: Hogs higher on short-covering after seven-year lows
Chicago | Reuters — U.S. lean hog futures edged higher on Thursday, rebounding from an earlier seven-year low as investors squared positions ahead of a government supply report due on […] Read more
U.S. livestock: Cattle, hogs mostly higher on short-covering
Chicago | Reuters — U.S. cattle and hog futures were mostly higher on Wednesday, with feeder cattle rallying about one per cent on short-covering following recent lows, traders msaid. Several […] Read more
U.S. livestock: CME live cattle plunge limit down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday slumped, with nearby contracts down the three cents/lb. daily price limit, rattled by fund selling and uneasiness before […] Read more
Klassen: Feeder cattle market experiences mixed tone
Western Canadian feeder cattle markets experienced a diverse tone across the Prairies, with notable buying interest surfacing on yearlings. Compared to seven days earlier, prices for yearlings in southern Alberta […] Read more