Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs once again on Tuesday, with expectations for declining U.S. inventories behind some of the buying interest.
Tag Archives Pork
U.S. livestock: Cattle rally continues
China 2024 pork output falls for first time in four years
China's pork production in 2024 fell for the first time after rising for three years straight, official data showed on Friday, as livestock companies reduced slaughter rates due to ample hog supply and weak meat demand.
U.S. Livestock: Falling temps boost cattle futures
Live cattle futures on the Chicago Mercantile Exchange were stronger Monday, hitting fresh contract highs in many months as forecasts calling for cold temperatures across United States ranching areas raised concerns over reduced weight gains for grazing cattle.
Smithfield Foods first to publicly file in 2025 for big US IPO
Smithfield Foods on Monday made public its paperwork for an initial public offering in the United States, as the maker of Farmland bacon and Farmer John sausages prepares for its U.S. stock market return after more than a decade.
Pork representatives meet with parliamentarians
Representatives from the Canadian Meat Council and the Canadian Pork Council met with parliamentarians as well as government and industry officials in Ottawa earlier this week.
Canada Packers name reemerges as Maple Leaf spins off pork division
Maple Leaf Food’s pork division, set to separate into an independent company, will be named Canada Packers. “This choice reflects our deep respect for the history and legacy of this […] Read more
U.S. livestock: Cattle close higher, lean hogs fall ahead of USDA report
Feeder and live cattle futures turned higher on Thursday, as technical trading, a steady cash market and weakness in grain futures gave cattle contracts a boost.
U.S. livestock: Cattle close mostly lower, consolidating after 2-month top
Mercantile Exchange live cattle futures ended mostly lower on Wednesday, consolidating a day after the benchmark December contract LCZ25 set a near two-month high.
U.S. livestock: CME cattle end mostly higher as Wall Street climbs
Benchmark December live cattle futures LCZ24 on the Chicago Mercantile Exchange climbed to their highest in nearly two months on Tuesday, supported by technical buying and a rosy outlook for beef demand tied to strength in Wall Street equity markets, analysts said.
U.S. livestock: Cattle futures strengthen on healthy US export demand, positioning
Chicago Mercantile Exchange live cattle and feeder cattle futures jumped on Thursday as traders adjusted positions ahead of the U.S. Department of Agriculture's monthly cattle on feed report and saw strong U.S. export demand, according to analysts.