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(Scott Bauer photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs up again on cash, pork prices

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Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts closed higher for a second consecutive session on Monday, buoyed by stronger cash and wholesale pork prices, traders said. October ended 2.5 cents/lb. higher at 62.5 cents and December finished up 2.075 cents to 57.025 (all figures US$). Cash hog prices in the U.S. Midwest […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs jump in technical rebound

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Friday, rebounding from earlier losses on technical buying and short-covering following the midday expiration of the August contract, traders and analysts said. Gains in hog futures came after prices neared last week’s roughly four-month lows, and hogs could still face more […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs in reversal as pork extends losses

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Chicago | Reuters — U.S. lean hog futures fell sharply on Thursday, reversing from earlier steep gains on pressure from declining pork prices and ample hog supplies, traders and analysts said. The price action suggested that hog futures would likely test their life-of-contract lows reached on Aug. 4 when trading resumes on Friday, analysts said. […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs jump on technical rebound

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained as much as two per cent on Wednesday, reversing from earlier losses on strength from technical buying and a rebound in wholesale pork prices, traders said. Hog futures tested life-of-contract lows reached last week but did surpass those lows, sparking short-covering. The opposite was […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Profit-taking undercuts CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, pressured by fund selling and profit-taking after last week’s market rally, traders said. August live cattle ended 0.75 cent/lb. lower at 116.925 cents (all figures US$). October closed 0.875 cent lower at 114.65 cents and below the 100-day moving average of […] Read more
(CMEGroup.com)
Livestock, Markets, Reuters

U.S. livestock: Hogs fall on big supplies

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Chicago | Reuters — U.S. lean hogs futures fell to 3-1/2-month lows on Thursday as investors continued liquidating long bets amid plentiful supplies and lacklustre pork export sales, traders said. Live and feeder cattle futures also eased at the Chicago Mercantile Exchange, with cattle prices reversing from multiweek highs reached earlier in the session. Hogs […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle gains continue as corn declines

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Chicago | Reuters — U.S. cattle futures extended gains on Tuesday, with feeder cattle rising to their highest in 1-1/2 months as falling corn prices reduced costs for fattening the animals and enticed buying from investors, traders said. Optimism that slaughter-weight cattle would fetch higher prices in U.S. Plains cash markets this week also buoyed […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Fund selloff reverses CME live cattle rally

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Friday, after fund liquidation and lower expected cash prices later in the day pared Thursday’s market gains, traders said. August live cattle ended 1.8 cents/lb. lower at 110.925 cents, and October closed 2.225 cents lower at 109.85 cents (all figures US$). Both […] Read more

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