Chicago | Reuters — Chicago Mercantile Exchange lean hogs climbed for the second straight session on Wednesday, buoyed by short-covering and rising cash hog prices, traders and analysts said. Live cattle and feeder cattle futures each were little-changed in relatively light-volume trading in livestock futures ahead of a U.S. Department of Agriculture monthly grain supply
U.S. livestock: Hogs rise on stronger cash markets
U.S. livestock: Cattle, hogs jump on spreading, packer demand
Chicago | Reuters — U.S. live cattle and lean hog futures rose more than one per cent on Tuesday, lifted by spreading and investment fund buying backed up by robust demand from meat packers, traders and analysts said. Beef and pork packers were capturing big profit margins given higher meat prices and comparatively lower prices
U.S. livestock: Hog futures plunge on spreading, cash markets
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures tumbled by about three per cent on Friday, weighed down by spreading and abundant supplies that pressured cash markets, traders said. Front-month October and most-active December hogs bore the brunt on the selling, while deferred hog contracts were only narrowly lower. CME October hogs dropped
U.S. livestock: Cattle limit down after bearish USDA report
Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled about two per cent on Monday after government data on Friday showed bigger-than-expected placements of cattle on feed in August. Most-active CME December live cattle dropped by the daily price limit of three cents to finish at 114.425 cents per pound, reversing from Friday’s 1-1/2
U.S. livestock: Cattle hit one-month high ahead of USDA data
Chicago | Reuters — U.S. live cattle futures jumped to the highest levels in over a month on Friday, lifted by technical buying and expectations for bullish government supply data that was due after the close of trading. The U.S. Department of Agriculture’s (USDA) Cattle on Feed report, however, was deemed bearish by analysts, and
U.S. cattle placements spike in August
Chicago | Reuters — Ranchers placed 1.93 million cattle in U.S. feedlots in August, the U.S. Department of Agriculture said on Friday, in a stronger-than-expected report likely to weigh on futures early next week. Cattle placements rose about three per cent from August in 2016, USDA said. Analysts polled by Reuters had predicted a decline
U.S. livestock: CME October hogs fall to contract low
Chicago | Reuters — Chicago Mercantile Exchange October lean hog futures fell sharply to a contract low on Thursday, weighed down by a months-long decline in cash prices and abundant supplies, traders said. Deferred hog futures contracts as well as most live cattle and feeder cattle contracts also eased on technical selling and profit-taking. Traders
U.S. livestock: Live cattle surge on cash optimism, technical buying
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures notched their biggest gains in 11 months on Wednesday, boosted by optimism for higher cash cattle prices and technical buying, traders and analysts said. Higher cattle sales at a weekly online auction helped to trigger the rally. Feeder cattle and lean hog futures also were
U.S. livestock: Feeder cattle hit two-month high
Chicago | Reuters — U.S. livestock futures gained on technical buying on Tuesday, with feeder cattle rising to a two-month high and lean hogs climbing by as much as 2.6 per cent, traders said. Fresh news remained scant, but traders were more optimistic about higher cash prices for both cattle and hogs. Declining prices for
U.S. livestock: Hog futures ease on big supplies, spreading
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly lower on Monday, pressured by bear-spreading and big U.S. supplies that continued to weigh on cash markets, traders said. The front-month October hogs contract notched the biggest declines, easing 0.975 cent, or about 1.7 per cent, to settle at 60 cents/lb. (all figures
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