Chicago | Reuters — U.S. hog futures rose on Thursday as strength in cash markets and rising export demand sparked a round of bargain buying after prices hit their lowest in more than a year. But weakness in the cash markets weighed on cattle futures. The U.S. Agriculture Department said on Thursday morning that export […] Read more
Tag Archives live cattle — page 30
U.S. livestock: Hog futures up off lowest since December 2021
Cattle futures down with cash markets
U.S. livestock: Hog futures hit lowest since late 2021
Ballooning supplies an issue; cattle futures mixed
Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to their lowest in more than a year on Wednesday, with plentiful supplies and weak export demand weighing on prices, traders said. Cattle futures were mixed, with nearby contracts easing while deferred contracts firmed on concerns about low animal weight. February lean hog futures ended […] Read more
U.S. livestock: CME cattle futures firm even as feed prices weigh
Lean hogs end lower, pork packing margins up
Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mixed on Tuesday as soybean and grain prices firmed, traders said. Live cattle and feeder futures were able to continue Monday’s price bump. But the higher feed prices weighed on the beef market, as did questions over consumer and export demand, StoneX chief commodities economist […] Read more
U.S. livestock: CME cattle end higher, rebounding ahead of USDA data
Hogs up after several days' slide
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Friday on bargain buying a day after setting one-month lows, and as traders squared positions ahead of monthly feedlot data released by the U.S. Department of Agriculture after the close of trading. CME February live cattle settled up 0.675 cent at 156.625 cents/lb., […] Read more
U.S. livestock: CME live cattle futures hit one-month low
USDA data awaited; hogs down on wholesale pork price weakness
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday with the most-active April contract hitting a one-month low on technical selling, soft cash cattle markets and weak wholesale beef prices, traders said. CME February live cattle settled down 0.85 cent at 155.95 cents/lb., near its 50-day moving average, after touching 155.375 […] Read more
U.S. livestock: CME hog futures sag as pork prices hover near two-year lows
Live cattle mixed, March feeder cattle up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday as cash hog prices remained soft and wholesale pork prices lingered near two-year lows, traders said. “We continue to search for a bottom on the hogs, and the cash market stays under pressure,” said Don Roose, president of Iowa-based U.S. Commodities. “It’s […] Read more
U.S. livestock: CME live cattle end firm on tight supplies, lower weights
Hogs mixed on weak cash prices, higher cutout
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firm on Friday, underpinned by tight supplies and as harsh winter weather in recent weeks lowered cattle slaughter weights and limited beef production, traders said. Live cattle futures prices remained bound in a recent trading range as cash cattle prices at Plains feedlot […] Read more
U.S. livestock: CME lean hogs end mixed, cattle mostly lower
Corn's rally put pressure on feeder cattle futures
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mixed on Thursday, with actively traded nearby months down on weak pork prices and dull demand, while deferred contracts rose on expectations for tighter supplies in coming months, traders said. The February hog contract was down for the 10th time in 11 sessions and […] Read more
U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low
Cattle futures also follow beef values lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell on […] Read more
U.S. livestock: CME hogs sink to three-month low on weak pork prices
Live cattle steady to higher
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Tuesday for the eighth time in nine sessions on concerns about pork demand and slumping pork prices, traders said. The actively traded February lean hog contract dropped to a three-month low as packer margins eroded and the pork cutout price slid to the […] Read more
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