Photo: Canada Beef Inc.

U.S. livestock: Live cattle slip from 3-week high in technical setback

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures dropped on Thursday in a technical-selling and profit-taking setback after scaling to three-week highs the previous day. Strengthening cash beef prices and government data showing smaller-than-expected cattle supplies at feedlots had supported the market earlier this week. “Coming out of the cattle on feed report, […] Read more



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U.S. livestock: Cattle, hog futures rebound on supply reports

Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures rose on Monday, bouncing back from Friday’s decline as traders digested government reports that showed supplies, while remaining abundant, were less than expected. Concerns about the spread of African swine fever in China added support. The U.S. Agriculture Department on Monday reported that beef in cold […] Read more




(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs decline on heavier animals, technical selling

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped for the second straight session on Wednesday, on technical selling and after government data showed heavier-weight U.S. hogs that pointed to larger supplies, traders said. Bear-spreading pressured front-month December hogs, which settled down 2.175 cents at 54.7 cents/lb., a decline of about four per […] Read more