Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest price in nearly four weeks on Tuesday as large supplies hung over the market. Technical selling added pressure on prices as December hogs dropped below 70 cents/lb. for the first time since Nov. 1, analysts said (all figures US$). The contract […] Read more
U.S. livestock: CME lean hogs near four-week low amid large supply
Cattle futures slip lower
U.S. livestock: Feeder cattle top one-week high
Traders digest U.S. cattle placements data; December hogs lower
Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures finished higher on Monday after the government reported placements in feedlots were lower than analysts expected last month. The U.S. Department of Agriculture, in monthly data issued after the close of trading on Friday, said producers placed 3.8 per cent more cattle […] Read more
U.S. livestock: CME cattle rise ahead of bullish data
December lean hogs lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures ended higher on Friday as livestock traders adjusted positions in the markets. After the close of trading, the U.S. Department of Agriculture issued monthly data that showed producers placed 3.8 per cent more cattle into feedlots in October than a year earlier, […] Read more
U.S. livestock: CME cattle sag on weakness in equities, cash cattle market
Futures prices indicate that cash prices in the south may fall further
Weakness in equities and the cash cattle market weighed on futures at the Chicago Mercantile Exchange (CME), brokers said. Futures markets rose the previous three days in a turnaround from multi-month lows reached last Friday.
U.S. livestock: CME cattle futures extend gains, await U.S. data
Fund liquidation and technical selling seem exhausted after driving live cattle to Friday lows
U.S. cattle futures extended gains on Wednesday as traders adjusted positions after steep losses last week and ahead of monthly supply data due on Friday.
U.S. livestock: Short-covering boosts CME cattle after recent decline
The U.S. hog market traded sideways on Tuesday
Chicago | Reuters — Short-covering lifted Chicago Mercantile Exchange live cattle and feeder futures on Tuesday, analysts said, extending a recovery from springtime lows reached last week. The markets were due to rise after recent fund liquidation and technical selling left the market oversold, analysts said. “The main thing is some short-covering here,” said Austin […] Read more
U.S. grains: Soybeans hit August high, soymeal climbs on strong demand
U.S. soy crush likely set record monthly high in October
U.S. soybean futures jumped to their highest price since August on Tuesday on concerns about unfavorable crop weather in top supplier Brazil, analysts said. A rally to contract highs in soymeal futures helped lift the soybean market.
U.S. livestock: CME cattle up off last week’s sell-off
Lean hog futures also turn higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder futures advanced on Monday in a rebound from recent declines to multi-month lows. Short-covering helped boost the markets, as losses driven by fund liquidation and technical selling last week were overdone, brokers said. The U.S. beef industry still faces tight supplies of cattle, after […] Read more
U.S. livestock: Cattle futures sink to May lows
CME December hogs continue higher
Chicago | Reuters — U.S. cattle futures sank to their lowest prices since May on Tuesday on fund liquidation and profit-taking, traders said. Follow-through selling pressured the markets after losses on Monday, along with softer boxed beef prices, traders said. The U.S. Department of Agriculture priced choice cuts of beef at $300.38/cwt, down $1.34 from […] Read more
U.S. livestock: CME cattle slide on concerns over beef demand
Chicago December lean hogs settle higher
Chicago | Reuters — Live cattle futures dropped to their lowest level in more than a week at the Chicago Mercantile Exchange on Monday on concerns about the risk for easing demand for U.S. beef. Feeder cattle futures also declined, while lean hog futures ended higher. Lower-than-expected cash cattle prices last week contributed to uncertainty […] Read more
Canadian Cattlemen Presents: Depth of Field
