CME December 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 climb on cash market optimism

CME lean hogs slip on cash market pessimism

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday on expectations of higher cash cattle prices next week and position-squaring ahead of a long U.S. holiday weekend, traders said. Benchmark CME October live cattle futures settled up 1.75 cents at 144.55 cents/lb., with December up 1.675 cents at 150.25 cents […] Read more

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

U.S. livestock: Cattle futures up as corn prices sag

CME lean hogs end mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mostly higher on Thursday as lower grain prices propped up feeder cattle futures, signaling cheaper feed costs, traders said. Benchmark CME October live cattle futures settled up 0.225 cent at 142.8 cents/lb., a day after dipping to a four-week low (all figures US$). CME […] Read more


CME October 2022 lean hogs (candlesticks, right column) with 20-day moving average (pink line) and CME’s cash lean hog index (black line, left column). (Barchart)

U.S. livestock: CME lean hog futures follow cash hogs lower

Live cattle down, feeder cattle mixed

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on profit-taking after a two-session climb and pressure from softening cash hog prices, traders said. CME benchmark October lean hogs settled down 2.075 cents at 91.525 cents/lb. and December hogs ended down 1.625 cents at 83.875 cents/lb. The CME Lean Hog Index, […] Read more

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

U.S. livestock: Cattle futures climb on bargain-buying

CME lean hogs also higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday on bargain-buying, a day after the October contract hit a 3-1/2 week low, traders said. A setback in prices for corn, a key feedgrain, added support. But rallies were capped by broad declines in commodities, including crude oil, and Wall Street equity […] Read more


CME October 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 soften amid recession fears

CME lean hogs close higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures weakened on Monday amid spillover pressure from weakness in equity markets, analysts said. U.S. stocks closed lower, adding to sharp losses last week, on nagging concerns about the Federal Reserve’s determination to hike interest rates to fight inflation even as the economy […] Read more

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

U.S. livestock: CME feeder cattle weaken as grain prices climb

Chicago lean hogs end mixed

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures declined on Friday as a spike in crop prices signaled higher costs for livestock feed, brokers said. Grain and soybean futures rallied at the Chicago Board of Trade on concerns that unfavourable heat and dryness in the U.S. Midwest will limit yields in the upcoming […] Read more


CME October 2022 lean hogs (candlesticks) with 200-day moving average (black line) and Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures up off lowest since February

Chicago cattle futures mixed

Chicago | Reuters — Chicago Mercantile Exchange hog futures on Thursday edged up from a 6-1/2-month low on a round of short-covering after posting losses in four of the previous five sessions, traders said. But the hog market remained under pressure from a seasonal slowdown in demand as the grilling season nears its end. Cattle […] Read more

CME October 2022 lean hogs (candlesticks) with 100-day moving average (black line) and Bollinger bands (20,2). (Barchart)

U.S. livestock: Hogs hit 6-1/2-month low on slowing demand

Live cattle dip below 20-day moving average

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to a 6-1/2-month low on Wednesday with demand for pork fading as the traditional U.S. grilling season nears its close. Cattle futures were mixed, with live cattle contracts sagging on weakness in the cash markets while feeder cattle contracts closed higher. Hog futures have fallen […] Read more


Photo: ARS/USDA

U.S. livestock: Hog futures fall as soy prices rally

Chicago | Reuters – Chicago Mercantile Exchange hog futures fell on Tuesday, with strength in the soymeal market raising the prospects of increased feeding costs. Feeder cattle contracts were also weaker due to strong corn prices while live cattle edged higher on light technical buying. CME October lean hogs LHV2 fell 1.075 cents to 92.9 cents per […] Read more

CME October 2022 lean hogs (candlesticks) with 40-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: Hog futures firm after hitting six-week low

Chicago cattle futures weak

Chicago | Reuters — Chicago Mercantile Exchange hog futures edged higher on Monday, with the market recovering after hitting its lowest in nearly six weeks on Friday, traders said. But gains were kept in check by poor exports and ample supplies of pork. Cattle futures were weaker as the market digested a report released late […] Read more