CME July 2020 lean hogs with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Hog futures still face headwinds over demand questions

Cattle futures mixed on USDA report expectations

Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand […] Read more

CME July 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs down, cattle up on demand issues

Cash cattle values hint at increased demand

Chicago | Reuters — U.S. lean hog futures dipped on Tuesday, as questions continued to grow about whether pork export demand from China will surge and eat through massive domestic stockpiles, traders said. Meanwhile, cattle futures rose as the cash market showed hints of increased demand from packers hungry to supply grocery stores and restaurants […] Read more


CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live and feeder cattle futures slip

Thursday's cold storage data seen as disappointing

Chicago | Reuters — U.S. live and feeder cattle futures closed lower on Friday after disappointing cold storage data the previous day and ahead of the U.S. Department of Agriculture’s cattle on feed report in the afternoon. Lean hog futures also dropped, as backups continue at slaughter facilities, traders said. The nearby CME live cattle […] Read more

CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Profit-taking, technical selling pressure hogs, live cattle

Chicago | Reuters — U.S. hog and live cattle futures eased on Friday, with end-of-week profit-taking and technical selling pressuring the livestock markets, traders said. Strong consumer demand for pork underpinned the hog futures, which rose 17.4 per cent this week. “The pork product markets continue to scream higher and have begun to pull lean […] Read more



CME March 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hog futures firm

Cattle contracts ease

Chicago | Reuters — Chicago Mercantile Exchange hog futures ended higher on Friday on a mild technical bounce while cattle contracts weakened. Feeder cattle contracts were under pressure from profit-taking following six straight days of gains that pushed the front-month contract to its highest since Jan. 30. CME lean hog futures for April delivery ended […] Read more






CME April 2020 live cattle with 20-. 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle stumble to two-month low ahead of USDA report

Lean hogs follow cutout values higher

Chicago | Reuters — U.S. live and feeder cattle futures dropped to their lowest prices in about two months on Thursday as traders adjusted positions before a government report that is expected to show an increase in supplies. Hog futures, meanwhile, advanced to their highest prices in about two weeks. The U.S. Department of Agriculture […] Read more