Chicago | Reuters — U.S. live cattle futures tumbled to the lowest levels in more than four years on Monday as weak cash cattle prices and declining beef values underscored worries of flagging demand, traders and analysts said. Feeder cattle extended losses to a fresh three-year low while lean hogs trimmed declines to finish mixed
U.S. livestock: Live cattle fall to four-year low on beef prices
U.S. livestock: Feeder cattle hit three-year low on corn prices
Chicago | Reuters — U.S. feeder cattle futures tumbled to the lowest levels in more than three years on Friday as rising corn prices made fattening cattle for slaughter unprofitable, reducing demand, traders and analysts said. Chicago Mercantile live cattle and lean hog futures also fell, weighed by technical selling and as retailers had largely
U.S. livestock: Cattle ease on cash weakness, lean hogs gain
Chicago | Reuters –– Chicago Mercantile Exchange live and feeder cattle futures were mostly lower on Thursday as investors continued to liquidate their holdings amid expectations for more lower prices in cash cattle markets, traders and analysts said. All feeder cattle contracts fell to lifetime lows, knocking out what had been their previous life-of-contract lows
U.S. livestock: Cattle limit down on feed costs, demand worries
Chicago | Reuters — U.S. live and feeder cattle futures each plummeted by their daily trading limits on Monday, declining in a technical selloff triggered in part by rising feed prices, traders and analysts said. Losses in feeder cattle of roughly three per cent outpaced declines in the more actively traded live cattle futures at
U.S. grains: Wheat, corn ease on profit-taking
Chicago | Reuters — U.S. wheat and corn fell about one per cent on Thursday as traders locked in profit after the previous session’s multimonth highs and ahead of a U.S. Department of Agriculture supply and demand report due on Friday. Soybean prices were narrowly mixed at the Chicago Board of Trade, holding near the
U.S. livestock: Hogs up on pork gains, short-covering
Chicago | Reuters –– U.S. lean hog futures rose as much as two per cent on Thursday, rallying to the highest levels in a week on gains in pork prices and as investors exited short positions ahead of a long holiday weekend, traders said. Most-active July hogs settled 1.45 cents higher at 81.275 cents/lb., with
U.S. livestock: Cattle limit down after bearish USDA surprise
Chicago | Reuters — U.S. live cattle and feeder cattle futures tumbled by their respective daily price limits on Monday, declining two per cent or more in a selloff triggered by bearish U.S. Department of Agriculture data released after Friday’s session. Cattle gapped lower on their price charts at the opening of trading, before locking
U.S. livestock: Hogs fall on technical selloff
Chicago | Reuters –– U.S. lean hog futures fell sharply on Wednesday, led by declines in the front-month June contract on technical and fund selling that was linked to an expected slump in the cash hogs market, traders and analysts said. The June contract settled 1.525 cents lower at a one-week low of 81.225 cents/lb.,
U.S. livestock: Live cattle firm on short-covering, beef gains
Chicago | Reuters — U.S. live cattle futures edged higher on Tuesday, lifted by technical buying and short-covering tied to recent gains in wholesale beef prices, traders and analysts said. But cattle failed to surpass the one-month highs reached on Thursday, triggering concerns the rally that started at the end of April was running out
U.S. livestock: Hogs gain most since December on strong cash markets
Chicago | Reuters –– U.S. lean hogs surged as much as 2.5 per cent for their biggest daily gains since December on Wednesday, lifted by rising cash prices and wholesale pork values that were tied to expectations of more export business to China, traders said. Technical buying also buoyed hog prices on the Chicago Mercantile
Cyber-Savvy Farmer
