CME January 2024 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Feeder cattle top one-week high

Traders digest U.S. cattle placements data; December hogs lower

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures finished higher on Monday after the government reported placements in feedlots were lower than analysts expected last month. The U.S. Department of Agriculture, in monthly data issued after the close of trading on Friday, said producers placed 3.8 per cent more cattle

CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle rise ahead of bullish data

December lean hogs lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures ended higher on Friday as livestock traders adjusted positions in the markets. After the close of trading, the U.S. Department of Agriculture issued monthly data that showed producers placed 3.8 per cent more cattle into feedlots in October than a year earlier,


U.S. beef exporters such as Tyson, Cargill and JBS face a “double whammy” from higher prices and strength in the U.S. dollar.

U.S. reduces beef exports as cattle herd shrinks

Major American meat companies caught in the squeeze

Reuters – The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation’s cattle herd to its lowest level in decades. That has tightened margins for meat companies like Tyson Foods. Why it matters: The U.S. and Canada have the same drought-related stresses that pressure national herd




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U.S. livestock: Short-covering boosts CME cattle after recent decline

The U.S. hog market traded sideways on Tuesday

Chicago | Reuters — Short-covering lifted Chicago Mercantile Exchange live cattle and feeder futures on Tuesday, analysts said, extending a recovery from springtime lows reached last week. The markets were due to rise after recent fund liquidation and technical selling left the market oversold, analysts said. “The main thing is some short-covering here,” said Austin



CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle up off last week’s sell-off

Lean hog futures also turn higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder futures advanced on Monday in a rebound from recent declines to multi-month lows. Short-covering helped boost the markets, as losses driven by fund liquidation and technical selling last week were overdone, brokers said. The U.S. beef industry still faces tight supplies of cattle, after