U.S. livestock: Cattle futures mixed, hogs firm

U.S. livestock: Cattle futures mixed, hogs firm

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures were mixed on Wednesday, with deferred months mostly higher on bargain buying after hitting multiyear lows on Tuesday. But nearby live cattle contracts continued to weaken. The front-month contract hit its lowest level since October 2016 on expectations that the shutdown of a major beef […] Read more




In the near term, calf prices on light volumes should remain steady.

McMillin: Domestic, global beef demand strong

The Markets with Deb McMillin, from the August 2019 issue of Canadian Cattlemen

Fed cattle It’s uncommon to see fed cattle prices pick up through the month of July. However, this has been the case in the last two weeks in Alberta. Beef demand both domestically and globally has been strong and sellers continue to be current in their front-end supply, which has created some leverage. The mid-July […] Read more



U.S. livestock: Lean hogs end mixed as trade gauges trade war impact

U.S. livestock: Lean hogs end mixed as trade gauges trade war impact

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday in choppy trading as investors weighed rising pork prices against weak cash hog values and rising concerns about pork exports to China. Spread trading steered some contracts up sharply while others, including actively traded October and December futures, retreated. “Spreads […] Read more


U.S. livestock: Lean hogs rally for second day

U.S. livestock: Lean hogs rally for second day

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures posted strong gains for a second consecutive session Thursday, lifted by short-covering and technical buying following the market’s recent drop. Rising pork prices and solid pork exports supported the market, largely diluting concerns over U.S. trade tensions with China, the world’s top hog and […] Read more

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied as much as four per cent on Wednesday in a technical buying and short-covering bounce following a string of losses triggered by worries over exports to China. The world’s largest hog and pork market has threatened to halt all U.S. agricultural product purchases […] Read more


CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)

U.S. livestock: Hog futures swing wildly as trade war intensifies

Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more