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

U.S. livestock: August live cattle, feeders ease on USDA report

Chicago lean hog futures firm

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Friday, with the nearby contract firming while the most-active month eased, pressured by expectations of increased cattle placements in the U.S. Agriculture Department’s monthly assessment. U.S. feedlots held two per cent more cattle on May 1 versus the same time a year […] Read more

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

U.S. livestock: CME live cattle mixed as traders await USDA data

Lean hog futures turn lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Thursday as traders awaited U.S. Department of Agriculture data on the number of cattle in feedlots. USDA’s Cattle on Feed report, due Friday at 2 p.m. CT, is expected to show U.S. feedlots held 1.3 per cent more on May 1, compared […] Read more


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

U.S. livestock: CME cattle fall with equities

Concerns remain over U.S. consumer demand

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures dropped on Wednesday as traders reduced risk amid steep losses in the stock market, analysts said. Lean hog futures strengthened at the CME. Cattle futures are more sensitive than hogs to falling stock prices, said Dan Norcini, an independent livestock trader. Wall […] Read more



CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)

U.S. livestock: CME lean hogs extend recovery from recent slide

Live cattle, feeder cattle lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose for a third consecutive session on Tuesday as the market continued to recover from oversold conditions, traders said. Live cattle and feeder cattle futures ended lower. Short-covering helped propel hog futures higher following recent declines, said Matt Wiegand, commodity broker for FuturesOne. The market […] Read more

A sign with McDonald’s golden-arches logo is on display near one of the chain’s restaurants in Moscow on May 16, 2022. (Photo: Reuters/Evgenia Novozhenina)

Golden arches to go dark in Russia as McDonald’s exits after 30 years

Russia, Ukraine form nine per cent of chain's revenue

Reuters — McDonald’s Corp. on Monday became one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants after operating in the country for more than 30 years following the invasion of Ukraine. The world’s largest burger chain, which owns about 84 per cent of its nearly 850 restaurants […] Read more


CME August 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 futures bounce from losses

Chicago lean hogs also rebound; August feeder cattle lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Monday in a rebound from recent losses, while feeder cattle futures stumbled under pressure from rising costs for grains used for livestock feed. Live cattle were technically oversold and due for a bounce, brokers said. Futures were also due to rally because […] Read more

CME June 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME lean hogs bounce after recent losses

June live cattle, August feeder cattle up

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded on Friday after dropping a day earlier to their lowest prices since January. The market was due for a bounce following a recent slide that was driven by concerns about weakening U.S. demand and technical selling, analysts said. The most-active June hogs contract ended […] Read more


CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME cattle, hogs weaken amid demand concerns

Chicago | Reuters — Chicago Mercantile Exchange livestock futures fell on Thursday, as high meat prices are threatening U.S. demand, analysts said. Concerns that inflation could remain elevated for longer than anticipated weighed on the markets because higher prices could reduce meat sales, analysts said. Traders also watched a rise in prices for grain used […] Read more

CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME lean hogs drop to January lows on demand worries

Live cattle up, feeder cattle down

Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index rose 8.3 per cent in […] Read more