Chicago Mercantile Exchange (CME) live cattle futures closed lower on Thursday on technical selling as well as declines in Wall Street equity markets that raised concerns about consumer demand for beef, analysts said.
Tag Archives Pork — page 7
U.S. livestock: Cattle futures sag as Wall Street indexes dip; hogs mixed
U.S. livestock: Live cattle, lean hog futures turn higher as wholesale prices firm
Chicago Mercantile Exchange (CME) live cattle futures turned higher on Tuesday on technical trading and as wholesale prices indicated that consumers demand for select cuts remained firm, traders said.
U.S. livestock: CME feeder cattle futures firm, hog futures turn lower
Chicago Mercantile Exchange (CME) feeder cattle futures ticked higher on Monday and live cattle futures ended mostly lower, as the market struggled to find clear direction, traders said.
U.S. livestock: Cattle and hog futures up on strong wholesale prices
Chicago Mercantile Exchange (CME) live and feeder cattle futures bounced on Friday as strong cash prices buoyed futures markets, traders said.
U.S. livestock: Lean hogs, feeder cattle turn higher on bargain buying
Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.
U.S. livestock: Hog futures close down the daily limit on oversupply
CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.
Push for more hog processing intensifies after Quebec closures
Shipping more hogs to the U.S. instead of Quebec means more truck disease risk
Reduced hog processing in Quebec has forced the redirection of thousands of Ontario hogs to U.S. and Manitoba processing plants. The change has increased shipping costs for Ontario producers and increased disease risk in the province. Why it matters: Shipping hogs outside the province is more expensive for farmers and the economic contribution of value-added […] Read more
U.S. livestock: Cattle futures lower on dip in consumer demand
CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.
U.S. livestock: Cattle futures lower, hogs mostly down on demand questions
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.
U.S. livestock: Live cattle futures continue rally on steady demand
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
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