U.S. livestock: Cattle futures up, hogs mixed

Live and feeder cattle futures on the Chicago Mercantile Exchange on Tuesday recovered their losses from Monday. However, lean hog prices were mixed. August live cattle gained US$3.050 per hundredweight to close at US$222.400/cwt. Tuesday’s high of US$222.750 was the contract’s second-highest daily high ever behind US$223.275 on Friday. The October live cattle contract added[...]






U.S. livestock: New contract highs for live cattle

Live cattle futures hit new contract highs on Wednesday while cattle futures came close and lean hog futures continued to recover from recent lows. The August live cattle contract gained US$1.500 per hundredweight to finish the day at US$223.900, 50 cents below the new contract high reached earlier on Wednesday. The October contract rose US$1.475/cwt[...]