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(Dragos Cojocari/iStock/Getty Images)
Markets, Reuters

U.S. livestock: CME hogs turn higher on news of China-EU trade fight

By P.J. Huffstutter, Reuters June 17, 2024
Lean hog futures rallied at the Chicago Mercantile Exchange on Monday, as news of a China-EU trade dispute gave contracts a psychological boost, even though it is unlikely to give U.S. producers a new edge, traders and market analysts said.

Photo: Canada Beef
Markets, Reuters

U.S. livestock: Live cattle end mixed, hogs rise on strong pork exports

By Heather Schlitz, Reuters June 7, 2024
Chicago Mercantile Exchange live cattle futures ended mixed on Friday as wholesale beef price firmed and packer margins improved, but traders remain concerned that cash market values may be near a seasonal peak, analysts said.


Photo: Canada Beef Inc.
Markets, Reuters

U.S. livestock: Cattle futures down amid oversupply, weak retail demand

By Heather Schlitz, Reuters June 6, 2024
Live cattle and feeder cattle futures closed mostly lower at the Chicago Mercantile Exchange on Thursday as slow sales of beef products such as hamburgers and steak weighed on prices, Altin Kalo, economist at Steiner Group, said.

Photo: Reuters/Enrique Marcarian
Markets, Reuters

U.S. livestock: Lean hog futures hit five-month low on oversupply worries

By Heather Schlitz, Reuters June 5, 2024
Lean hog futures closed at their lowest price since January at the Chicago Mercantile Exchange on Wednesday as traders focused on a potential oversupply of U.S. pork heading into the summer barbecue season.


(Agnormark/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Lean hogs hit January low on concerns over Mexican demand

By Reuters, Tom Polansek June 4, 2024
Lean hog futures dropped to their lowest price since January at the Chicago Mercantile Exchange on Tuesday as weakness in the Mexican peso fueled worries over demand in the biggest export market for U.S. pork, traders said.

Photo: File
Livestock, Markets

Klassen: Feeder market hard to define on smaller volumes

By Jerry Klassen June 4, 2024
For the week ending June 1, Western Canadian feeder cattle markets were relatively unchanged compared to the previous week. It’s that time of year when volumes are limited and the market can be quite variable from region to region.


Photo: iStock/Getty Images
Markets, Reuters

U.S. livestock: Lean hog futures fall after Mexican election

By Heather Schlitz, Reuters June 3, 2024
Chicago Mercantile Exchange (CME) lean hog futures ticked down on Monday as the Mexican peso fell, making it more expensive for Mexican importers to purchase U.S. pork.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures continue slump amid demand questions

By P.J. Huffstutter, Reuters May 31, 2024
Chicago Mercantile Exchange (CME) cattle futures turned lower for a third session on Friday, as technical trading at one point sent the most-active August live cattle LCQ24 contract dipping to a two-week low.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle turn lower as China allows some Russian beef imports

By P.J. Huffstutter, Reuters May 30, 2024
Chicago Mercantile Exchange (CME) cattle futures turned lower for a second trading session on Thursday, even as the tight U.S. cattle supply and strength in the beef cutout values offered support, analysts said.

Photo: Canada Beef
Markets, Reuters

U.S. livestock: Cattle lower on technical trading, JBS-China export news

By P.J. Huffstutter, Reuters May 29, 2024
Chicago Mercantile Exchange (CME) cattle futures turned lower on Wednesday amid news that China has blocked U.S. beef exports coming from a JBS-owned plant in Colorado because traces of the feed additive ractopamine were identified in beef destined for China.


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