CME June 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 near two-month high

Cash cattle market firms; hog futures lower

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange hit their highest in nearly two months on Wednesday, led by firming prices for market-ready cattle in the cash market, traders said. Live cattle traded as high as $146 per hundredweight (cwt) in eastern Nebraska cash markets, traders said, while dressed cattle in […] Read more

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

U.S. livestock: CME hog futures backpedal off April high

Chicago cattle futures up

Chicago | Reuters — Profit-taking weighed on Chicago Mercantile Exchange lean hog futures on Tuesday after prices leapt to their highest price this month, traders said. Most-active June lean hogs settled down 1.075 cents at 121.325 cents/lb. (all figures US$). The contract is up eight per cent since nearing a one-month low on April 5 […] Read more

CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle futures end lower, hogs higher

Cattle end up off session lows

Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange fell on Thursday as traders booked profits after a three-session climb and ahead of a long holiday weekend, traders said. U.S. markets, including the CME, will be closed for Good Friday. But cattle futures came off their session lows and hog futures […] Read more

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

U.S. livestock: CME cattle follow broad strength in commodities

June lean hog futures down on day

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Wednesday for a third straight session, buoyed by broad strength in commodities along with firming cash cattle prices, traders said. A blizzard crossing the northern Plains lent support, raising concern about stress on cattle in the Dakotas, but the storm was […] Read more

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

U.S. livestock: CME cattle futures climb on firmer cash trade

Lean hogs up on technical buying

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday on firmer cash cattle prices compared to last week and broad strength in commodities, analysts said. CME June live cattle futures settled up 1.5 cents at 136.3 cents/lb. after touching 136.675 cents, the contract’s highest since April 1 (all […] Read more


CME June 2022 lean hogs (candlesticks) with 20-day moving average (dark red line) and CME cash lean hog index (pink line). (Barchart)

U.S. livestock: CME lean hogs, live cattle end higher

May feeder cattle up, August down

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange inched higher on Monday as technical buying and worries about tightening U.S. hog supplies offset fears of slowing pork export demand and softening cash hog prices, traders said. CME benchmark June lean hogs settled up 0.45 cent at 115.025 cents/lb. (all figures US$). […] Read more

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

U.S. livestock: CME cattle futures end week lower

June hogs firm, April lower

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange slid on Friday to end the week lower as cash markets stalled, despite strong slaughter rates. “The weekly kill came in much larger than expected,” said Dennis Smith, commodity broker at Archer Financial. “I suspect that will change the tone of the cash […] Read more

CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle ease on ample supply, flat cash offers

Flat cutout values drag on hogs

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange fell on Thursday, pressured by ample cattle supplies that offer little incentive for packers to bid up the cash market. “The supply of market ready cattle is a little less than last year, but it’s still plentiful. It just doesn’t seem like the […] Read more


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

U.S. livestock: CME cattle, hogs firm

Futures supported by cash markets

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange lifted on Wednesday, supported by cash cattle prices that pulled up nearby futures markets. “We just got below the cash market,” said Alan Brugler, president of Brugler Marketing. “That was an argument to try the long side.” The nearby April live cattle contract […] Read more

CME June 2022 lean hogs (candlesticks) with 20-, and 50-day moving averages (pink and brown lines) and CME cash Lean Hog Index (black line). (Barchart)

U.S. livestock: CME hogs, cattle fall on strong slaughter, profit-taking

Feeder cattle lower as corn rises

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Monday on profit taking following last week’s Hogs and Pigs report from the U.S. Department of Agriculture. “The overall fundamental is still tight numbers, tight supply created by disease, empty pen spaces, empty buildings,” said Brad Kooima, commodity broker at Kooima […] Read more