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Tag Archives hogs


iStock / Getty Images
Markets

U.S. livestock: CME lean hogs firm; cattle futures mixed on technical resistance

Cattle market continued to feel pressure from winter weather in Midwest

By P.J. Huffstutter, Reuters February 9, 2024
Chicago Mercantile Exchange lean hog futures turned higher on Friday, bolstered by export sales that include China buying U.S. pork supplies for their open market, traders said.

(Geralyn Wichers photo)
Markets

U.S. livestock: Live cattle, nearby feeder cattle futures firm

Lean hog futures bounce back from early lows

By P.J. Huffstutter, Reuters February 8, 2024
Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle futures lower, hogs mixed on technical trading

Traders expect this week's prices in cash market to be higher than last week

By P.J. Huffstutter, Reuters February 7, 2024
Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.

U.S. livestock: CME cattle futures turn lower on profit-taking
Markets

U.S. livestock: CME cattle futures turn lower on profit-taking

Lean hogs also turn lower after recent rally faced fundamental resistance

By P.J. Huffstutter, Reuters February 5, 2024
Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.

CME live cattle LEJ24 on Jan. 29 with Bollinger bands. (Barchart)
Markets

U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak

Lean hog futures ended modestly higher; firm cash hog prices lent support

By Julie Ingwersen, Reuters January 29, 2024
CME April live cattle futures LCJ24 settled down 0.450 cent at 181.225 cents per pound, retreating after rising to 183.450 cents, the contract's highest point since Nov. 7. Last week's firm cash cattle prices and technical buying underpinned the market, traders said.


CME live cattle LEJ24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hogs sag as traders track US slaughtering

Data largely neutral for cattle futures, analysts say

By Reuters, Tom Polansek January 19, 2024
Chicago Mercantile Exchange cattle futures eased on Friday as the market retreated from November highs, and hog futures also closed lower.

CME live cattle LEJ24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)
Markets

U.S. livestock: Follow-through buying carries CME cattle to eight-week highs

Cattle lighter after severe winter weather traders say

By Reuters, Tom Polansek January 18, 2024
Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.

CME live cattle LEJ24 on Jan. 17, 2024, with Bollinger bands. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter

Lean hogs ended slightly up after early plunge

By Reuters, Tom Polansek January 17, 2024
Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.


Live cattle LEG24 on Jan. 12, with 20-day moving average. (Barchart)
Markets

U.S. livestock: live cattle, lean hogs fall amid weather, demand woes

Feeder cattle firmed amid dropping corn futures

By P.J. Huffstutter, Reuters January 12, 2024
Chicago Mercantile Exchange lean hog and live cattle futures were mostly down on Friday as concerns about winter weather and sluggish export demand had some investors shedding their positions.

Photo: File
Markets

U.S. livestock: Cattle futures rise as icy weather threatens US herds

Lean hog futures also finished higher

By Reuters, Tom Polansek January 11, 2024
Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.

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