U.S. livestock: Hogs, most live cattle lower

Feeder cattle futures also down

Reading Time: < 1 minute

Published: February 17, 2023

, ,

CME April 2023 lean hogs with 20- and 100-day moving averages. (Barchart)

Chicago lean hog and cattle futures closed mainly lower Thursday with the exception of front-month February live cattle, which remained on its record-setting upward slope.

CME February live cattle finished up 0.225 cent at 162.775 cents/lb., extending the nearly-eight-year high on a continuous chart of the front contract (all figures US$).

Most actively-traded April live cattle, meanwhile, closed at 164.075 cents, down 0.525 cent on the day. CME March feeder cattle slipped 1.1 cents, to 186.225 cents/lb.

CME’s most-active April lean hogs contract was down 0.725 cent on the day, to 85.775 cents/lb. — Glacier FarmMedia Network

About the author

Dave Bedard

Dave Bedard

Editor, Grainews

Editor, Grainews. A Saskatchewan transplant in Winnipeg.

explore

Stories from our other publications