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Tag Archives lean hog

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

U.S. livestock: Cattle, hogs mostly higher on short-covering

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Chicago | Reuters — U.S. cattle and hog futures were mostly higher on Wednesday, with feeder cattle rallying about one per cent on short-covering following recent lows, traders msaid. Several Chicago Mercantile Exchange lean hog contracts fell to lifetime lows before trimming losses as traders squared up their positions ahead of a quarterly U.S. hog […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle plunge limit down

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday slumped, with nearby contracts down the three cents/lb. daily price limit, rattled by fund selling and uneasiness before cash prices by Friday, said traders. October and December settled down by the three-cent limit to 103.825 and 103.125 cents, respectively (all figures US$). Live […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Lower cash prices send CME live cattle lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, pressured by technical selling and last Friday’s drop in prices for slaughter-ready, or cash, cattle, said traders. October live cattle ended 0.45 cent per pound lower at 106.825 cents, and settled below the 10-day moving average of 107.06 cents (all figures […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle decline on profit-taking

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell one per cent on Thursday, pressured by technical selling and as investors took profits following Wednesday’s nearly four-week high, traders and analysts said. Feeder cattle futures also were mostly lower while lean hog futures were mixed, with the front-month contract hitting the lowest levels […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs plunge to contract lows on supply

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Chicago | Reuters — U.S. lean hog futures fell three per cent or more on Monday, with many contracts reaching lifetime lows on pressure from robust hog supplies and technical selling, traders said. Live and feeder cattle futures were mostly lower at the Chicago Mercantile Exchange, weighed down by profit-taking after cattle earlier hit multi-week […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Strong cash prices push CME live cattle higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts ended higher for a third day in a row on Friday, led by short-covering in response to better-than-expected prices for slaughter-ready, or cash, cattle, said traders. They said fund buying contributed to CME live cattle gains after some contracts broke through technical resistance levels. October […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hefty supplies push CME lean hogs to 10-month low

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday sank to a 10-month bottom, and forged new contract lows, as abundant heavier animals continued to drag down cash prices, traders said. October closed 1.825 cents/lb. lower at 54.925 cents and posted a fresh contract low of 54.7 cents (all figures US$). December ended […] Read more

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