CME July 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog index (pink line). (Barchart)

U.S. livestock: CME hogs firm on summer demand, tight supplies

Lower corn futures support feeder cattle

Chicago | Reuters — Chicago Mercantile Exchange Group lean hog futures firmed on Wednesday, supported by strong demand that has pushed cash prices higher. “We’re still looking at tighter supplies in front of us,” said Rich Nelson, chief strategist at Allendale Inc. Pork demand firms during the summer, with U.S. grilling holidays such as Father’s […] Read more

CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines) and CME lean hog index (black line). (Barchart)

U.S. livestock: Hog, cattle futures fall despite strong demand

Markets see 'a risk-off day'

Chicago | Reuters — Chicago Mercantile Exchange Group lean hog futures fell on Tuesday, amid outside pressure from agricultural markets, despite strength from strong slaughter and cash hog prices. “We just had a risk-off day,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. “Cash trade kicked up and is trading above the board.” The CME’s […] Read more

CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)

U.S. livestock: Cattle, hog futures fall as feed costs rise

Pre-Memorial Day consolidation seen

Chicago | Reuters — CME Group hog and cattle futures eased on Friday, with rising soy and corn futures raising feed costs for livestock producers. Traders noted consolidation trade ahead of the U.S. Memorial Day holiday weekend. U.S. grain and livestock markets will be closed on Monday. The nearby June hogs contract fell 0.7 cent, […] Read more

CME June 2022 lean hogs (candlesticks) with 20-, 40- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: June hogs touch four-week high

June, August live cattle futures up slightly

Chicago | Reuters — CME Group hog futures rose to their highest level in more than a month on Thursday, supported by strong exports and concerns about a slowing slaughter, traders said. Cattle futures ended the trading day close to unchanged. The U.S. Agriculture Department on Thursday morning said that export sales of pork totaled […] Read more

CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)

U.S. livestock: Cattle futures weaken on cash market pressure

CME hog futures close mixed

Chicago | Reuters — CME Group cattle futures dipped on Wednesday, pressured by weakness in the cash markets, traders said. Hog futures were mixed, with prices closing well off their session highs after contracts hit technical resistance. The nearby June hogs contract rose 0.025 cent to 109.05 cents/lb., while most-active July futures fell 1.1 cents, […] Read more


CME July 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures fall as supplies rise

CME live cattle turn lower

Chicago | Reuters — CME hog futures eased on Tuesday, pressured by a government report released after the close on Monday that showed supplies of pork at their highest in two years. The U.S. Agriculture Department on Monday afternoon said that frozen stocks of pork stood at 530.244 million lbs. as of April 30, up […] Read more

CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: CME hog futures rise on export prospects

Chicago cattle futures also gain

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Monday, with the front-month contract hitting its highest since April 22, on expectations for a pick-up in demand from top pork consumer China, traders said. The most-active July hog futures contract ended firm for the sixth time in the last seven sessions, but faced […] Read more



CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME cattle fall with equities

Concerns remain over U.S. consumer demand

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures dropped on Wednesday as traders reduced risk amid steep losses in the stock market, analysts said. Lean hog futures strengthened at the CME. Cattle futures are more sensitive than hogs to falling stock prices, said Dan Norcini, an independent livestock trader. Wall […] Read more

CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle futures bounce from losses

Chicago lean hogs also rebound; August feeder cattle lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Monday in a rebound from recent losses, while feeder cattle futures stumbled under pressure from rising costs for grains used for livestock feed. Live cattle were technically oversold and due for a bounce, brokers said. Futures were also due to rally because […] Read more