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Tag Archives hog futures

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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle mixed on seasonal slump, domestic demand worries

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Chicago | Reuters – Chicago Mercantile Exchange spot live cattle futures rose on Tuesday, as the northern cash market continued to trade at a record premium over the south amid drought-hit grazing grounds, traders said. But CME’s benchmark August live cattle futures LCQ2 and deferred contracts slipped on worries about the health of the U.S. economy, and […] Read more
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Crops, Markets, Reuters

U.S. livestock: Hog futures rise as traders cover short positions

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Chicago | Reuters – CME Group hog futures firmed on Friday as traders covered short positions after prices fell 5.6 percent over the last two sessions, though demand concerns capped gains. A U.S. Department of Agriculture (USDA) report showed that pork export sales in the week ended June 16 totalled 27,600 tonnes, unchanged from a week earlier. […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures retreat from two-month high; cattle also fall

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Chicago | Reuters – CME Group cattle futures fell on Wednesday, as surprise deliveries in Texas showed that cash market supplies were higher than expected, traders said. Hog futures were lower, snapping a streak of four straight higher closes as traders locked in profits from the market’s move to a two-month high. CME July lean […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle, hog futures hit two week lows on robust supplies

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Chicago | Reuters – CME Group live cattle and hog futures fell to two-week lows on Monday, pressured by bearish government supply reports released late on Friday. “There’s no shortage of market supplies or beef production until the fourth quarter at the earliest,” brokerage StoneX wrote in a note to clients. The U.S. Agriculture Department said on […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures drop on profit-taking; lean hogs fall

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday on profit-taking after a previous session rally resulted in several contracts hitting new highs, traders said. CME February live cattle settled down 0.750 cent at 139.975 cents per pound. Feeder cattle futures, which were supported by a slump in Chicago corn futures, […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME livestock futures rise on supply concerns

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Chicago | Reuters – Chicago Mercantile Exchange livestock futures climbed on Wednesday, as cash cattle prices firmed on concerns around meat supplies to meet anticipated demand going into next year, traders said. Cattle futures ended higher, as beef carcass cutout prices continued to firm and cash cattle traded higher, traders said. Cash cattle traded at […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise on expectations of beef demand; hogs ease

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said. There is an expectation of beef prices continuing to firm and demand be strong going into the first quarter of 2022, said Doug Houghton, analyst with Brock Capital Management. […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle end higher, lean hogs eases

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished higher on Friday and gained about 1 percent for the week, helped by solid export demand, traders said. Demand from China has been particularly strong, fueled by the appetites of a growing Chinese middle class and diplomatic tensions with rival supplier Australia. The U.S. […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb on strong exports

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures climbed to their highest in nearly two weeks on Thursday, supported by strong weekly export sales and tighter supplies of market-ready hogs, analysts said. “Hog numbers are still running below last year. If that continues to tighten up, I think that boosts the back months […] Read more

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