CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: June cattle limit up on surging beef prices, meat shortages

Lean hogs down on profit-taking

Chicago | Reuters — U.S. live cattle futures surged by their daily trading limits for a second straight session on Thursday on soaring beef prices and concerns about meat shortages because of recent packing plant closures due to the coronavirus. Shuttered slaughterhouses across North America due to the pandemic have left ranchers nowhere to ship […] Read more

CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Futures surge on technical buying as plants reopen

CME cattle futures close limit up

Chicago | Reuters — U.S. cattle and hog futures rose on Wednesday amid a flurry of technical buying — with some live and feeder cattle futures surging to daily trading limits — as investors said they were keeping a close eye on signs of packing plants reopening in the wake of coronavirus infections among workers. […] Read more


CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hogs slide after three days of gains

"The workers are spooked to come to work"

Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures corrected after gaining nearly 18 […] Read more

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures climb with wholesale meat prices

About 20 North American meat plants offline

Chicago | Reuters — U.S. live cattle futures closed higher on Friday after touching a three-week top, buoyed by firm cash cattle values and surging wholesale beef prices as labor shortages slow the U.S. slaughter pace, traders said. New-month buying by speculators may have also lent support, they said. Chicago Mercantile Exchange June live cattle […] Read more


CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs mostly lower as packing-plant woes persist

Backlog concerns drag on cattle

Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, setting back from a one-month high set a day earlier in the benchmark June contract as traders mulled the implications of a presidential order for U.S. meat packing plants to remain open, traders said. President Donald Trump on Tuesday ordered meat-processing plants […] Read more

CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hogs pare gains as Trump plans order to keep meat plants open

Cattle up with wholesale beef prices

Chicago | Reuters — U.S. lean hog futures hit a four-week peak on Tuesday on worries about tightening pork supplies as the coronavirus shutters meat processing plants, but the market pared gains on news that U.S. President Donald Trump plans to order such sites to stay open. June lean hog futures on the Chicago Mercantile […] Read more


CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Profit-taking, technical selling pressure hogs, live cattle

Chicago | Reuters — U.S. hog and live cattle futures eased on Friday, with end-of-week profit-taking and technical selling pressuring the livestock markets, traders said. Strong consumer demand for pork underpinned the hog futures, which rose 17.4 per cent this week. “The pork product markets continue to scream higher and have begun to pull lean […] Read more




CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hog futures firm

Cattle futures slip with stock sell-off

Chicago | Reuters — CME Group hog futures advanced for the second day in a row on Tuesday, with supplies remaining tight due to shutdowns at slaughterhouses due to the coronavirus pandemic. Cattle futures were weaker, pressured by a sharp drop in equity markets. “Cattle are more closely tied with the economy,” said Don Roose, […] Read more