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

U.S. livestock: Cattle futures sag on weaker cash markets

CME lean hogs decline

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended modestly lower on Tuesday on profit-taking after a two-session advance, softer cash cattle prices and weaker wholesale beef prices, traders said. CME February live cattle settled down 0.55 cent at 138.3 cents/lb. but stayed inside of Monday’s trading range (all figures US$). For feeder […] Read more


CME February 2022 lean hogs (candlesticks) with 10-, 30- and 50-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: Hog futures extend rebound off 10-month low

Bargain buying supports cattle

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied on Friday, extending gains made a day earlier when the market rebounded from a 10-month low. The gains accelerated as prices surged through key resistance points, and the market closed near session highs. CME February lean hogs settled up 3.2 cents at 81.025 cents/lb. […] Read more

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

U.S. livestock: Hog futures climb with pork prices

Hog slaughter seen accelerating; beef export picture drags on cattle

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded on Thursday from four sessions of losses, amid an accelerating slaughter pace and indications that pork prices may be near a bottom following a prolonged slide, traders said. The daily hog slaughter was slower-than-normal earlier this week, which some analysts said may be a […] Read more

CME February 2022 live cattle (candlesticks) with 10-, 20- and 50-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Cattle futures fall on weak cash markets

Hog futures down for fourth day

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Wednesday, pressured by technical selling and signs of weakness in the cash markets, traders said. Hog futures were lower for the fourth day in a row, with the front-month contract sinking to its lowest in 10 months on weak export prospects and a […] Read more


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

U.S. livestock: Hog and cattle futures fall

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the third day in a row on Tuesday, hitting their lowest in more than a month. Cattle futures also were weaker, with weak profit margins weighing on the market. CME February lean hogs settled 1.675 cents lower at 76.55 cents/lb. (all figures US$). The […] Read more


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

U.S. livestock: CME live cattle fall from highs as Omicron rattles markets

Chicago February lean hogs also lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Tuesday as worries about the new Omicron coronavirus variant rattled commodity and financial markets. Losses pulled live cattle futures down from contract highs reached in recent sessions. CME lean hog futures also fell, along with U.S. grains and soybeans, after Moderna’s chief cast […] Read more


CME February 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 set new contract highs

February hogs drop to two-week low

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set new highs on Friday and finished stronger on technical buying and firm cash prices, traders said. The front-month December contract and most-active February 2022 contract avoided losses seen in commodities such as crude oil and soybeans that were unnerved by the discovery of a […] Read more

CME December 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Live cattle hit fresh high

Higher cash values, beef demand support futures

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a sixth consecutive session on Wednesday, and the front-month contract touched its highest point in four-and-a-half years, on higher cash market prices and strong beef demand. Most contracts posted life-of-contract highs, extending a multi-session rally, amid rising beef imports by China and […] Read more