
Tag Archives Cattle

U.S. livestock: Cattle futures, boxed beef prices weaken
October lean hogs up slightly
Chicago | Reuters — U.S. live and feeder cattle futures weakened with boxed beef prices on Wednesday as large supplies of heavy livestock are ready for slaughter, commodity brokers said. Cattle heading to slaughter weigh more, analysts said, because they put on pounds as animals backed up in feedlots when meat plants closed in April […] Read more

U.S. livestock: Large supplies push cattle, hogs mostly lower
Over 17,000 cases of COVID in packing plant workers, U.S. CDC reports
Chicago | Reuters — U.S. cattle and hog futures ended mostly lower on Tuesday under pressure from large supplies, analysts said. Live cattle futures retreated a day after nearing a two-month high, while feeder cattle pulled back after reaching their highest price in month than a month on Monday. “We’ve gotten a bit overbought on […] Read more

U.S. livestock: Cattle futures rise as corn prices ease
Hog futures up slightly on improved exports
Chicago | Reuters — U.S. cattle futures rose on Thursday with feeder cattle leading the pack, as corn prices eased on profit taking ahead of the long holiday weekend, analysts said. Thursday’s feeder cattle rally was due in part to a slump in corn futures, traders said. Earlier this week, the most-active contract surged amid […] Read more

U.S. livestock: Live cattle futures rise on new-month buying
Hogs mostly down on concerns over supplies, demand
Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday on what appeared to be technical and speculative buying at the start of a new month and quarter, analysts said. Yet the benchmark August live cattle contract on the Chicago Mercantile Exchange remained rangebound, with rallies capped by weak beef prices as slaughterhouses […] Read more

U.S. livestock: Cattle futures drift lower as corn prices soar
Wholesale beef prices show signs of stabilizing
Chicago | Reuters — U.S. cattle futures closed modestly lower on Tuesday, pressured by a surge in Chicago Board of Trade (CBOT) corn futures that is likely to squeeze profit margins for livestock producers, traders said. “The rise in feed costs changes the dynamics in the industry. It cuts into profits — or in the […] Read more

U.S. livestock: Cattle, hogs end firm on light recovery bounce
Ramped-up slaughter pace keeps lid on rallies
Chicago | Reuters — U.S. live cattle futures closed modestly higher on Monday, shaking off early declines and firming on technical buying ahead the end of the month and quarter, after a three-session slide last week, traders said. A firmer close in Wall Street equity markets lent support as optimism about the U.S. economy could […] Read more

Blast kills at least 23 at Afghanistan livestock market
Area shelled in clashes between government forces, Taliban
Kabul | Reuters — At least 23 civilians were killed in Afghanistan’s southern Helmand province and dozens were wounded when rockets hit a cattle market on Monday, Afghan government and Taliban officials said. The warring sides blamed each other for the attack on the open-air weekly cattle market in Sangin district, where hundreds of villagers […] Read more

U.S. livestock: Hogs tumble on bigger-than-expected supply, economic concerns
Rising COVID-19 counts raise fears for beef demand
Chicago | Reuters — U.S. lean hog futures plunged by as much as the daily trading limit on Friday and ended sharply lower after the U.S. Department of Agriculture (USDA) estimated supplies above already-high trade expectations. Economic concerns amid rising novel coronavirus infections added pressure to hogs and also dragged down cattle futures, which finished […] Read more

U.S. livestock: Hogs mostly higher ahead of USDA inventory data
CME feeder cattle firm up on lower corn prices
Chicago | Reuters — U.S. lean hog futures were mostly higher on Thursday, lifted by firmer cash hog markets and position squaring ahead of a quarterly hog inventory report that was released after the close. Futures have been sliding for most of the past two months as hog supplies swelled due to numerous packing plant […] Read more

U.S. livestock: Cattle, hog futures down on big supplies, economic jitters
Surge in U.S. COVID-19 cases rattles Wall Street
Chicago | Reuters — U.S. cattle futures eased on Wednesday and hog futures were mostly lower on ample livestock supplies and concerns about rising coronavirus infections and their negative impact on the economy. Wall Street’s three major indexes tumbled on Wednesday and crude oil plunged more than five per cent as a surge in U.S. […] Read more