Chicago | Reuters — Lean hog futures hit their lowest level in about four weeks on Wednesday before ending mixed as traders adjusted positions before the U.S. Thanksgiving holiday. The market has dropped about eight per cent since rising on Nov. 7 to the highest price in more than a month, as ample U.S. supplies
U.S. livestock: CME lean hogs mixed after approaching four-week low
Chicago cattle futures end lower
U.S. livestock: CME lean hogs near four-week low amid large supply
Cattle futures slip lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest price in nearly four weeks on Tuesday as large supplies hung over the market. Technical selling added pressure on prices as December hogs dropped below 70 cents/lb. for the first time since Nov. 1, analysts said (all figures US$). The contract
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
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. 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
U.S. livestock: CME cattle sag on weakness in equities, cash cattle market
Futures prices indicate that cash prices in the south may fall further
Weakness in equities and the cash cattle market weighed on futures at the Chicago Mercantile Exchange (CME), brokers said. Futures markets rose the previous three days in a turnaround from multi-month lows reached last Friday.
U.S. livestock: CME cattle futures extend gains, await U.S. data
Fund liquidation and technical selling seem exhausted after driving live cattle to Friday lows
U.S. cattle futures extended gains on Wednesday as traders adjusted positions after steep losses last week and ahead of monthly supply data due on Friday.
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
U.S. grains: Soybeans hit August high, soymeal climbs on strong demand
U.S. soy crush likely set record monthly high in October
U.S. soybean futures jumped to their highest price since August on Tuesday on concerns about unfavorable crop weather in top supplier Brazil, analysts said. A rally to contract highs in soymeal futures helped lift the soybean market.
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