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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures retreat as interim China trade deal delayed

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Chicago | Reuters – U.S. lean hog futures retreated on Wednesday, surrendering nearly all of the prior session’s strong gains on worries about U.S. pork exports to China after a senior White House official said a “phase one” trade deal with the world’s top pork consumer could be delayed. The delay followed news that Canada […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs jump in short-covering, technical bounce

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Chicago | Reuters – U.S. lean hog futures rallied on Tuesday in a technical-buying and short-covering bounce from recent lows, underpinned by hopes for accelerated pork sales to China amid surging prices in the world’s largest pork-consuming country, analysts said. Pork prices have surged to record highs in China as African swine fever has decimated […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle climb to new six-month peak on rising cash market

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Chicago | Reuters – U.S. live cattle futures scaled a six-month high on Monday, propelled by firming cash cattle and beef prices and strong packer margins, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 0.550 cent at 120.075 cents per pound, its highest level since April 25. February futures gained 0.375 cent […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle set six-month high on fund buying, firm cash prices

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Chicago | Reuters – U.S. live cattle futures shot to a six-month high on Friday and feeder cattle reached their highest prices since May on fund buying and strength in the cash market, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 2.3 cents at 119.525 cents per pound after reaching 119.7 cents, […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures retreat from multi-month highs

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Chicago | Reuters – U.S. cattle futures fell on Thursday in a turnaround from multi-month highs reached the previous session. Chicago Mercantile Exchange (CME) December live cattle ended 1.075 cents lower at 117.225 cents per pound after reaching 118.600 cents on Wednesday, its highest since April 25. CME most-active January feeder cattle futures slipped 0.125 […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures jump on fund-driven buying

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Chicago | Reuters – U.S. live cattle futures rose more than 1 percent on Wednesday to fresh multi-month highs and feeder cattle futures surged 2 percent on what traders said was a combination of fund-driven buying and signs of strength in the cash cattle market. Chicago Mercantile Exchange (CME) December live cattle ended 1.475 cents […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live hogs slump on U.S.-China trade uncertainty, cattle continue rally

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Chicago | Reuters – U.S. live hog futures slid on Tuesday amid conflicting news about U.S.-China trade talks next month, traders said, while cattle futures continued to rally on funds’ adding to their positions. So far, beef demand is showing no sign of waning, according to federal government data. The wholesale choice beef cutout price […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle continue to rally on strong cash prices, fund buying

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Chicago | Reuters – U.S. live cattle futures extended their rally on Monday, lifted by strong cash cattle and beef prices, and funds continuing to add to their positions, traders said. The wholesale choice beef price hit $227.51 per cwt on Monday, up $2.07, the U.S. Department of Agriculture (USDA) said. The wholesale select beef prices rose […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle rally to 5-1/2 month peak on firm cash cattle, beef prices

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Chicago | Reuters – U.S. live cattle futures stretched to 5-1/2-month highs on Friday, lifted by strong cash cattle and beef prices and positioning ahead of a monthly cattle supply report. Cash cattle at southern U.S. Plains feedlot markets traded around $110 per cwt or more this week, up from an average of $108 last […] Read more

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