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U.S. livestock: Hog futures mixed, cattle futures firm
Livestock, Markets, Reuters

U.S. livestock: Hog futures mixed, cattle futures firm

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Monday, with the front-month contract firming slightly after two straight days of declines while deferreds continued to ease. Traders said that fresh pork exports to China were required to ease the burdensome supplies and boost hog futures higher. “Even though we […] Read more
U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure
Livestock, Markets, Reuters

U.S. livestock: Lean hogs tumble after Trump threatens Mexico border closure

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended down sharply for a second straight day on Friday after a volatile session in which traders weighed thinner near-term hog supplies against risks to pork exports with Mexico. Early-session strength stemmed from a quarterly U.S. Department of Agriculture hog supply report, released after […] Read more
U.S. livestock: Lean hogs limit down as export sales disappoint
Livestock, Markets, Reuters

U.S. livestock: Lean hogs limit down as export sales disappoint

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures plunged more than three per cent on Thursday as disappointing export sales data triggered profit-taking following the market’s recent run to the highest in more than eight months, traders said. Contracts from May to December closed down the daily three-cent limit, including actively traded […] Read more
U.S. livestock: Cattle drop further on rising supply, weak cash prices
Livestock, Markets, Reuters

U.S. livestock: Cattle drop further on rising supply, weak cash prices

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures dropped for a fourth straight session on Wednesday, pressured by weaker cash cattle prices and seasonally rising supplies, traders said. Technical selling further weighed on the market, sending the spot contract to the lowest level in nearly six weeks. “We’re going to be coming […] Read more
U.S. livestock: Live cattle retreat on technical selling, fund liquidation
Livestock, Markets, Reuters

U.S. livestock: Live cattle retreat on technical selling, fund liquidation

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third straight session on Tuesday on technical selling and fund long liquidation following the market’s recent climb to one-year highs, traders said. Open interest in live cattle futures was expected to be lower for a second straight session after hitting an all-time […] Read more
U.S. livestock: Live cattle tumble on bearish USDA data
Livestock, Markets, Reuters

U.S. livestock: Live cattle tumble on bearish USDA data

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped sharply on Monday in reaction to a government report that showed larger-than-expected supplies of cattle on feed in the U.S., traders said. Nearby cattle futures contracts fell more than 1.5 per cent, with selling accelerating as prices breached key technical support levels. The selling […] Read more
U.S. livestock: Live cattle hit contract highs on weather woes
Livestock, Markets, Reuters

U.S. livestock: Live cattle hit contract highs on weather woes

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose Tuesday, with the benchmark June contract hitting a high as poor feedlot conditions in portions of the U.S. Plains raised concerns about beef supplies, traders said. Lean hogs closed lower in a profit-taking setback from contract highs set a day earlier. Fat cattle futures […] Read more

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