Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week.
U.S. livestock: Cattle climb on technical buying, demand optimism
U.S. livestock: Live cattle, lean hogs mostly lower
Chicago | Reuters — U.S. livestock futures were mostly lower on Monday, with both live cattle and lean hogs succumbing to pressure from technical selling and expectations for weaker cash prices, traders and analysts said. Prices for each eased amid a lack of fresh fundamental news to propel gains. Hogs had climbed last week, lifted
U.S. livestock: Cattle, hogs gain in thin trading on demand optimism
Chicago | Reuters — U.S. livestock futures were higher on Friday, with lean hogs rising sharply and cattle notching relatively smaller gains as each market was buoyed by hopes of better meat demand, traders said. Hog futures on the Chicago Mercantile Exchange continued to rise on expectations that the spreading African swine fever virus in
U.S. livestock: Cattle futures rally after bullish USDA data
Chicago | Reuters — Chicago Mercantile Exchange cattle futures were higher on Wednesday, extending earlier small gains after government supply reports showed fewer-than-expected U.S. cattle supplies, traders said. U.S. Department of Agriculture monthly Cattle on Feed data showed 11.692 million cattle in U.S. feedlots as of Nov. 1. That figure was three per cent higher
As China soy demand wavers, U.S. farmers turn back to grains
It looks like soy will only be king of the U.S. Grain Belt for a single season
Reuters – Since the mid-2000s, North Dakota farmer Paul Thomas has planted more of his land with soybeans as China’s demand for the oilseed grew. The shift culminated this year when Thomas planted 1,600 of his 5,000 acres with soybeans — the most ever. But Thomas and many farmers like him plan to return to
U.S. livestock: Hogs fall after contract highs on profit-taking
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled three per cent on Tuesday, reversing after hitting contract highs as investors locked in profits ahead of Thursday’s U.S. Thanksgiving Day holiday, traders said. Hog futures had gained in eight out of the past nine sessions on hopes of stronger pork demand, especially in
U.S. livestock: Hogs rise to contract highs on export optimism
Chicago | Reuters — U.S. lean hog futures rose to life-of-contract highs on Monday, extending steep gains from last week on optimism for robust exports of U.S. pork due to the worsening African swine fever virus outbreak in China, traders said. China, the top world hog producer and pork consumer, has culled its swine herd
U.S. livestock: Cattle futures drop most since June on weaker cash market
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell more than 1 percent on Friday, sagging under pressure from lower wholesale beef prices and slightly weaker trades in cash cattle markets in the southern Plains, traders said. Front-month December live cattle settled 1.975 cents lower at 114.575 cents per pound. The contract finished
U.S. livestock: Cattle futures gain on technical buying; hogs lower
Chicago | Reuters – U.S. cattle futures were narrowly higher on Thursday, buoyed by spreading and technical buying despite a downturn in wholesale beef prices, traders and analysts said. Live cattle futures climbed for the third straight session on the Chicago Mercantile Exchange as the market continued to claw back from steep losses on Monday.
U.S. livestock: Hog futures rebound from 2-week low on short-covering
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures were mostly higher on Wednesday, rebounding from an early two-week low on support from calendar spreading and short-covering, traders and analysts said. But excessive hog supplies and increased pork production made the market vulnerable to further declines, with weaker prices for wholesale pork signaling a
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