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Tag Archives hog futures

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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs end mostly higher on bargain buying, cattle drift lower

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Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange closed mostly higher on Wednesday as bargain-buying and firmer wholesale pork prices helped the benchmark October contract rebound from a one-month low set a day earlier. CME October lean hogs settled up 1.975 cents at 85.850 cents per pound and December hogs rose […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise as beef prices climb; hogs end lower

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Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, lifted by surging beef prices and rising packer margins that fueled expectations of firmer cash cattle prices this week, traders said. CME October live cattle settled up 0.650 cent at 128.125 cents per pound, while September feeder cattle futures […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hog futures tumble on uncertain pork demand

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Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange fell sharply on Monday, with the benchmark October contract down its daily limit on worries about a seasonal increase in hog supplies and uncertain demand for U.S. pork, analysts said. CME October hog futures settled down 3 cents at 84.600 cents per pound, […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle firms on improved cash, holiday demand

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by elevated cash cattle trade and stronger wholesale beef prices, analysts said. “I think it’s a combination of things, including packers trying to get beef into the pipeline before the Labor day features,” said Alan Brugler, president of Brugler Marketing. “Cash […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs fall on anticipated larger supplies

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Thursday as traders look ahead to increased supplies of hogs heading into the fall and producers hedge against the possibility of future price declines, traders said. CME August lean hog futures closed unchanged at 109.475 cents per pound, while benchmark October hogs lost […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on scarce supply and firmer cash markets

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday as cash trade firmed and wholesale beef prices march higher, traders said. “We have some tighter market-ready cattle supplies right now. The outlook is for supplies to tighten further later in the year and into next year,” said Doug Houghton, technical analyst […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs end mixed as traders eye Dominican hog disease

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mixed on Thursday as pressure from news of a deadly hog disease in the Dominican Republic offset support from strong export sales and firm cash hog prices, traders said. CME August lean hog futures settled up 0.600 cent at 106.300 cents per pound, while […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Profit-taking drags down CME livestock futures

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Tuesday after rising to their highest price in more than three weeks, while feeder cattle pulled back from contract highs on Monday. Lean hog futures also weakened as traders took money off the table after recent gains. Traders said profit-taking hit cattle markets […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle top three-week high; feeder cattle set contract high

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures topped a three-week high on Monday on expectations that supplies will tighten in the coming months, while feeder cattle set a contract high, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 1.67 million cattle were […] Read more

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