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Tag Archives Beef Cattle


U.S. livestock: Hogs rise on expectations for Chinese buying
Livestock, Markets

U.S. livestock: Hogs rise on expectations for Chinese buying

By GFM Network News, Tom Polansek September 16, 2019
Chicago | Reuters — U.S. lean hog futures climbed to their highest price since July on Monday on expectations for Chinese buying, while technical selling pushed down cattle futures. Meat traders anticipate China will increase pork imports to offset an expected shortage caused by an outbreak of African swine fever, a fatal pig virus that

CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hogs limit up again on China tariff exemption

By GFM Network News, Tom Polansek September 13, 2019
Chicago | Reuters — U.S. lean hog futures climbed by an expanded daily limit on Friday as China said it would exempt U.S. pork from additional tariffs imposed during its trade war with the United States. The exemptions raised hopes for Chinese buying and were seen as the latest sign of easing Sino-U.S. tensions before


U.S. livestock: Hogs limit up on expectations for Chinese buying
Livestock, Markets

U.S. livestock: Hogs limit up on expectations for Chinese buying

By GFM Network News, Tom Polansek September 12, 2019
Chicago | Reuters — U.S. lean hog futures climbed the daily exchange-imposed limit on Thursday on increasing expectations for Chinese buying as the world’s two largest economies prepared for talks aimed at breaking the logjam in their trade war. The Chicago Mercantile Exchange (CME) will temporarily expand the trading limit to 4.5 cents on Friday

U.S. livestock: Live cattle extend recovery from nine-year low
Livestock, Markets

U.S. livestock: Live cattle extend recovery from nine-year low

By GFM Network News, Tom Polansek September 11, 2019
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures shot higher on Wednesday on short covering and technical buying as the market extended a rebound from a nine-year low this week. CME October live cattle futures ended up 2.35 cents at 98.5 cents/lb. (all figures US$). The market has climbed since October live cattle


U.S. livestock: Lean hogs advance on China trade hopes
Livestock, Markets

U.S. livestock: Lean hogs advance on China trade hopes

By GFM Network News, Tom Polansek September 10, 2019
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped on Tuesday as expectations rose for China to increase pork imports from the United States, traders said. China, the world’s top pork consumer, is expected to buy more U.S. agricultural products in hopes of a better trade deal with Washington, the South China Morning

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

U.S. livestock: Live cattle set nine-year low on weak cash prices, big supply

By GFM Network News, Tom Polansek September 9, 2019
Chicago | Reuters — Front-month live cattle futures fell to a nine-year low on the Chicago Mercantile Exchange on Monday under pressure from weak cash prices and large supplies. Cash cattle are expected to trade around $98/cwt this week in Texas and Kansas, down from $100 last week and $103 two weeks ago, according to


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

U.S. livestock: Live cattle limit down on weak cash prices

By GFM Network News, Julie Ingwersen September 6, 2019
Chicago | Reuters — Front-month live cattle futures on the Chicago Mercantile Exchange fell their daily limit on Friday, dipping to the lowest level since 2016 as traders reacted to weak cash cattle prices, brokers said. Cash cattle traded at $100/cwt this week in Texas and Kansas, traders said, down from $103 last week (all

CME October 2019 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle fall as cash cattle, beef prices sag

By GFM Network News, Julie Ingwersen September 5, 2019
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to contract lows on Thursday as cash cattle prices declined from last week and wholesale beef prices extended their slide, traders said. Cash cattle traded at $100/cwt in Texas and Kansas, traders said, down from $103 last week (all figures US$). “Boxed beef is


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

U.S. livestock: Live cattle lower, feeder cattle advance

By GFM Network News, Julie Ingwersen September 4, 2019
Chicago | Reuters –– U.S. benchmark live cattle futures drifted lower on Wednesday, pressured by expectations of weaker cash cattle prices this week and a seasonal slowdown in demand for beef following the Labour Day holiday, traders said. “We finished the last official holiday of summer, and now people are going to wait for the

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

U.S. livestock: Lean hogs limit up on Chinese pork prices

By GFM Network News, Julie Ingwersen September 3, 2019
Chicago | Reuters — U.S. lean hog futures surged their daily limit on Tuesday on a mix of fund-driven buying and renewed optimism about Chinese demand for pork as the Asian country struggles with outbreaks of African swine fever in its massive hog herd, traders said. Retail pork prices in China hit a record in


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