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Tag Archives cattle futures


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

U.S. livestock: CME live cattle futures end lower

By GFM Network News, Julie Ingwersen, Reuters June 13, 2019
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell Thursday for a second straight session, pressured by technical selling and expectations of ample U.S. summertime supplies of cattle and beef, traders said. “We’re still just in the middle of June, and we know we have a big supply coming in,” said Scott Varilek,

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

U.S. livestock: Cattle, hog futures sag under pressure from big supplies

By GFM Network News, Tom Polansek June 12, 2019
Chicago | Reuters — U.S. livestock futures weakened on Wednesday under pressure from large numbers of cattle and hogs and uncertainty over demand, traders said. Declines in the markets reflected expectations that meat supplies will remain plentiful, after farmers expanded their herds. Beef production in the third quarter of 2019 is expected to top seven


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

U.S. livestock: Hog futures pull back on large supplies

By GFM Network News, Reuters, Tom Polansek June 11, 2019
Chicago | Reuters — U.S. hog futures tumbled on Tuesday as traders said a rally the previous day looked overdone in the face of large supplies. Feeder cattle futures also weakened, while live cattle futures closed higher. Hog futures pulled back after climbing on Monday, when traders were relieved that U.S. President Donald Trump had

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

U.S. livestock: Hog futures advance after Trump calls off Mexico tariffs

By GFM Network News, Tom Polansek June 10, 2019
Chicago | Reuters — U.S. hog futures rose on Monday as traders were relieved President Donald Trump had called off plans to impose tariffs on imports of Mexican goods, which means no retaliatory duties by Mexico on U.S. products like pork. Live cattle futures rose by the daily price limit. Traders remained on edge about


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

U.S. livestock: Futures end week on sour note

By GFM Network News, P.J. Huffstutter June 7, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s plans to roll out tariffs on imports from Mexico next week. The trade worries come as U.S. supplies of both hogs

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

U.S. livestock: Corn rally drags on feeder cattle futures

By GFM Network News, P.J. Huffstutter June 6, 2019
Chicago | Reuters — A rally in corn prices sent feeder cattle futures sliding on the Chicago Mercantile Exchange (CME) on Thursday, while deferred live cattle futures inched upward earlier in the day on signs of short-covering, traders said. Corn futures were choppy early, as weather forecasts across the U.S. Midwest continued to show a


CME September 2019 feeder cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Feeder cattle rally on corn futures slump

By GFM Network News, P.J. Huffstutter June 5, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures continued to rally on Wednesday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. The burgeoning U.S.-Mexico trade fight pressured Chicago Board of Trade corn futures, despite a Reuters report that corn has been excluded from

U.S. livestock: Warming weather, easing feed costs spur rallies
Livestock, Markets

U.S. livestock: Warming weather, easing feed costs spur rallies

By GFM Network News, P.J. Huffstutter June 4, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures rebounded on Tuesday as traders hoped that feed costs will remain under pressure following news U.S. buyers are importing corn from South America. Both live cattle and lean hog futures also rose amid a rally in the U.S. stock market and forecasts of warming


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market absorbs double-edged sword

By GFM Network News, Jerry Klassen June 4, 2019
Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. The feed grains market is writing the story for the feeder market. August feeder cattle futures lost $10 this past week and U.S. cash feeder prices were also down US$4-$6 compared to seven days earlier. Ideas are that

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

U.S. livestock: Trade fights continue to batter live cattle, lean hogs

By GFM Network News, P.J. Huffstutter June 3, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and lean hog futures fell for a second trading day on Monday — with live cattle futures hitting a near-10 month low — amid robust supplies and trade fights quelling export demand, traders said. But trade issues helped feeder cattle futures settle the day slightly


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