CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures mostly firm on wintry Plains weather

April hogs stay within Friday's range

Chicago | Reuters — U.S. live cattle futures closed mostly higher on Tuesday as frigid conditions gripped the U.S. Plains and Midwest, limiting the movement of animals into meat plants and threatening to reduce cattle weights, traders said. However, rallies were limited as wintry weather and power outages prompted meat-packing plants to slow the slaughter […] Read more



CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hogs rise to four-month high on supply woes

February live cattle down, April up

Chicago | Reuters — U.S. hog futures rose for the seventh time in eight sessions on Thursday, hitting a four-month high on concerns about tight supplies, traders said. “There are a lot of empty barns out here,” Don Roose, president of U.S. Commodities in West Des Moines, Iowa said. Live cattle futures were mixed, with […] Read more

CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle down on profit taking

Cash markets support CME lean hogs

Chicago | Reuters — U.S. live cattle futures dropped on a profit-taking setback on Wednesday, a day after rallying to their highest in nearly a year, but worries about a cold snap across production regions of the Plains kept declines in check. Hog futures rebounded after closing mixed on Tuesday as strong cash markets led […] Read more



CME April 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs set contract high on strong demand, lighter weights

CME cattle futures close lower

Chicago | Reuters — U.S. lean hog futures on Wednesday reached a contract high for the second consecutive day on strong demand and a decline in farm animal weights, analysts said. Average hog weights have declined as processors have cleared a backlog of hogs on farms that began last spring when COVID-19 outbreaks temporarily shut […] Read more


CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hog futures hit contract high

Cattle futures up on domestic, export demand for beef

Chicago | Reuters — U.S. lean hog futures surged to a contract high on strong demand and technical buying on Tuesday, while cattle futures also advanced, analysts said. Chicago Mercantile Exchange April lean hog futures settled up 2.575 cents at 78.075 cents/lb. (all figures US$). The contract traded up to 78.225 cents, topping a previous […] Read more

CME April 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Profit-taking hits live cattle futures

CME April hogs also down off Friday's high

Chicago | Reuters — U.S. live cattle futures weakened on Monday on profit-taking and as the market pulled back from a one-year high reached last week, traders said. Strong demand for beef has supported cattle futures recently, and beef prices continue to rise. Choice cuts advanced $1.82, to $235.77/cwt, and select cuts climbed $2.98, to […] Read more


CME April 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle, lean hogs end lower on profit-taking

March feeder cattle also lower

Chicago | Reuters — U.S. live cattle futures fell on Wednesday in a light profit-taking setback following a four-session climb, and on spillover weakness from declines in Wall Street equity markets, traders said. However, continued strength in wholesale beef prices and expectations of higher cash cattle prices this week underpinned the market. Chicago Mercantile Exchange […] Read more

CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Rising beef prices buoy CME live cattle futures

Colder spell in U.S. Midwest, Plains lifts hogs

Chicago | Reuters — U.S. live cattle futures rose on Tuesday for a fourth straight session, with deferred months setting life-of-contract highs as robust demand for beef lifted packer profit margins and bolstered demand for market-ready cattle, traders said. Chicago Mercantile Exchange April live cattle futures settled up 0.15 cent at 123.1 cents/lb., while June […] Read more