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Tag Archives hog futures

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price sentiments extend CME live cattle gains

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher for a second straight session on Friday in anticipation of this week’s cash prices, traders said. Spot-August futures, which will expire on Monday, ended 1.875 cents/lb. higher at 146.525 cents, and October up 1.425 cents, at 143.975 cents (all figures US$). “Feedyards and […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Wall Street surge rallies CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Thursday, prodded by the stock market comeback as data showed better-than-expected second-quarter U.S. economic growth, traders said. Renewed consumer confidence in the economy could support demand for U.S. goods, including meat, they said. Short-covering and bargain hunting furthered CME live cattle market advances […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hogs hit two-month high on export hopes

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Chicago | Reuters –– U.S. lean hog prices jumped two per cent to the highest in more than two months on Tuesday, extending steep gains from the previous session on hopes of increased export demand, especially to China, traders and analysts said. Expectations that prices may have reached their seasonal bottom also prompted speculative buying […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Economic fears slam CME live cattle, hogs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Friday as global economic turmoil sparked fears of a U.S. meat export slowdown, traders and analysts said. Spot-August futures closed 1.05 cents/lb. lower at 145.425 cents, and October 2.475 cents lower at 143.85 cents (all figures US$). “The elephant in the […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle rise with cash bids

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday, supported by short-covering after packers hiked bids for unsold market-ready (cash) cattle, traders said. Spot-August futures closed 1.225 cents/lb. higher at 146.475 cents, and October 1.175 cents higher at 146.325 cents (all figures US$). Processors in Kansas and Texas on Thursday […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Fallen cash prices rattle CME live cattle

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures suffered their fourth straight day of losses on Wednesday after digesting sharply lower preliminary prices for market-ready (cash) cattle, traders said. Spot-August futures closed down 1.95 cents/lb. to 145.25 cents, and October 2.25 cents lower at 145.15 cents (all figures US$). Earlier on Wednesday, a […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price caution weakens CME live cattle, hogs

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Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures lost modest ground on Tuesday, weakened by profit-taking while investors awaited direction from the afternoon’s cash prices, traders said. The spot-October contract closed 0.15 cent/lb. lower at 66.125 cents, and December down 0.05 cent at 62.25 (all figures US$). Prices for market-ready (cash) hogs in […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Firm cash, pork prices lift CME hogs

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, supported by the morning’s cash and wholesale pork price gains, traders said. The spot-October contract closed 0.95 cent/lb. higher at 66.275, and December up 0.35 cent at 62.3 cents (all figures US$). Monday morning’s average cash hog price in the western […] Read more

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