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Tag Archives Beef Cattle


CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures up on trade progress, firm cash

By GFM Network News, Julie Ingwersen October 11, 2019
Chicago | Reuters — U.S. lean hog futures rose more than one per cent on Friday, following broad strength in commodities tied to hopes for a U.S.-China trade deal, along with firm cash values for hogs and pork, analysts said. Chicago Mercantile Exchange benchmark December lean hog futures settled up 1.125 cents at 69.6 cents/lb.

CME December 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets

U.S. livestock: Hogs slip despite record-large pork sales to China

By GFM Network News, Tom Polansek October 10, 2019
Chicago | Reuters — U.S. lean hog futures sagged on Thursday as the confirmation of record-large weekly pork export sales to China failed to impress traders who have been expecting a surge in demand for months. Uncertainty about when the pork will be shipped to China also kept a lid on gains, traders said. The


CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs rise on China trade optimism

By GFM Network News, Julie Ingwersen October 9, 2019
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday for a second straight session on hopes that U.S. trade talks with China, at a time of surging Chinese pork prices, could bolster U.S. pork exports, traders said. CME December lean hog futures settled up 2.075 cents at 69.475 cents/lb., just

CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs recover on bargain buying, trade hopes

By GFM Network News, Karl Plume October 8, 2019
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied on Tuesday in a technical and bargain-buying rebound from one-month lows amid hopes that China would step up U.S. pork imports as the country’s domestic pork prices have soared. The hog herd in China, the world’s largest pork market, has been decimated by African


(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: CME hogs limit down on U.S.-China trade jitters

By GFM Network News, Julie Ingwersen October 7, 2019
Chicago | Reuters — Chicago Mercantile Exchange hog futures fell their daily limit on Monday, declining for a fifth straight session as an aggressive slaughter pace and uncertainty about this week’s U.S. trade talks with China overshadowed rising pork cut-out values, traders said. The selloff came as U.S. and Chinese deputy trade negotiators launched a

CME December 2019 hogs with 30-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hogs extend losing streak

By GFM Network News, Mark Weinraub October 4, 2019
Chicago | Reuters — U.S. hog futures fell for the fourth day in a row on Friday, extending a losing streak that pulled prices off a two-week high hit on Monday. Traders said gains in the futures earlier in the week outpaced cash market strength and the spread between the two markets needed correcting. Cattle


CME November 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures rise on cash market strength

By GFM Network News, Mark Weinraub October 3, 2019
Chicago | Reuters — U.S. cattle futures firmed for the second day in a row on Thursday, with the most-active December live cattle contract holding support near a two-month peak on strong cash prices. “The cash market has been moving up steadily,” said Don Roose, analyst with U.S. Commodities in West Des Moines, Iowa. “The

CME December 2019 live cattle with 20-, 100- and 200-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures hit highest since Aug. 9

By GFM Network News, Mark Weinraub October 2, 2019
Chicago | Reuters — U.S. livestock futures were mixed on Wednesday, with hog contracts easing for the second day in a row on technical follow-through selling while cattle futures firmed. The most-active December live cattle contract hit its highest in nearly two months. Traders said futures prices for hogs had rallied too sharply compared to


CME December 2019 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Hogs retreat from Monday’s two-month high

By GFM Network News, Tom Polansek October 1, 2019
Chicago | Reuters –– U.S. livestock futures fell on Tuesday as hogs retreated from a two-month high reached a day earlier. December lean hog futures sank 2.675 cents to 69.925 cents/lb. at the Chicago Mercantile Exchange (all figures US$). The setback came after the contract reached its highest price since July 31 on Monday amid

CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hogs up on technical buying, demand hopes

By GFM Network News, Tom Polansek September 30, 2019
Chicago | Reuters — U.S. hog futures touched a two-month high on Monday on technical buying and hopes for more export sales to China, brokers said. Traders are waiting for confirmation of Chinese buying as the Asian nation is struggling with an outbreak of African swine fever, a fatal pig disease that has decimated its


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