Theopolis Waters

Chicago hog futures dropped more than two per cent on Wednesday for their biggest one-day loss in three months, as negative margins and tepid wholesale pork demand forced packers to cut cash hog bids, traders and analysts said. Chicago Mercantile Exchange (CME) February hogs settled 2.15 cents per pound lower, or down 2.49 per cent,

Chicago live cattle futures closed lower on Tuesday amid concerns this week’s cash cattle prices may be no better than steady at a time when futures hold a sizeable premium to cash, traders and analysts said. Traders are having second thoughts in the wake of disappointing cash cattle prices lately and fluctuating wholesale beef values,

Chicago live cattle futures settled narrowly mixed on Monday as investors searched for direction, traders and analysts said. Futures were "defensive" and moved in a narrow range amid uncertainty about how cash cattle and beef prices would play out this week, one trader said. Chicago Mercantile Exchange (CME) livestock markets could also come under pressure

Chicago live cattle futures slid Friday as investors took profits from a big run-up and potential buyers were cautious as prices notched the biggest weekly percentage rise in four months, analysts and traders said. Chicago Mercantile Exchange live cattle finished the week up three per cent, the highest one-week gain since Sept. 9. Before a

Chicago live cattle rose on Thursday amid expectations of tighter supplies in the months ahead, driving the lead contract to an all-time high for a second day in a row. Chicago Mercantile Exchange (CME) February live cattle hit a record of 134 cents on the continuous chart, surpassing Wednesday’s 133.15-cent mark (all figures US$). The

Spot live cattle futures closed higher on Monday amid strong cash markets to rise six per cent for the year and chalk up the fourth straight annual gain in prices at a time when the U.S. herd is the smallest in six decades. Chicago Mercantile Exchange spot live cattle futures also posted their biggest percentage

U.S. hog futures fell due to investor caution ahead of Friday afternoon’s quarterly hog report by the the U.S. Agriculture Department, analysts and traders said. Analysts expect the USDA data, due at 2 p.m. CST, to show the U.S. hog herd declined slightly after a summer that saw historic drought push feed costs to record

The U.S. hog herd in the latest quarter was nearly steady with year-ago levels, a U.S. government report showed Friday, surprising analysts who had expected a slight decline because of feed costs that soared to all-time highs last summer. The U.S. Department of Agriculture’s data showed the U.S. hog herd as of Dec. 1 at

U.S. live cattle futures slumped as hope fades that the government would resolve the nation’s debt crisis before the year-end deadline, sending the stock market down sharply. Consumer worries about going over the ‘fiscal cliff’ could dent domestic and global demand for expensive U.S. meats, said traders and analysts. "Investors are skittish about what’s going