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Tag Archives CME

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


U.S. livestock: Cattle slide as traders eye weak cash prices
Livestock, Markets

U.S. livestock: Cattle slide as traders eye weak cash prices

By GFM Network News, Tom Polansek August 31, 2019
Chicago | Reuters — U.S. cattle futures fell on Friday on weakness in the cash market, while hog futures ended mixed. Cattle futures and cash prices have tumbled since a fire at a Tyson Foods slaughterhouse at Holcomb, Kansas, this month removed a key buyer from the market. Some farmers have tried to delay cattle

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

U.S. livestock: Hogs top one-week highs on China trade hopes

By GFM Network News, Tom Polansek August 29, 2019
Chicago | Reuters — U.S lean hog futures shot to their highest prices in more than a week on Thursday on hopes for progress in trade negotiations with China. China’s commerce ministry said both sides are discussing the next round of talks scheduled in September, but progress would be determined by whether Washington could create


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

U.S. livestock: CME cattle down as USDA launches beef market probe

By GFM Network News, Tom Polansek August 28, 2019
Chicago | Reuters — U.S live cattle futures fell on Wednesday on large domestic supplies, analysts said, as the U.S. Department of Agriculture launched an investigation into the wide gap with beef prices. Cattle prices have weakened recently after a fire at a Tyson Foods slaughterhouse in Kansas temporarily eliminated a key buyer of livestock.

U.S. livestock: CME hogs, cattle drop on large supplies
Livestock, Markets

U.S. livestock: CME hogs, cattle drop on large supplies

By GFM Network News, Tom Polansek August 27, 2019
Chicago | Reuters — U.S. lean hog futures crumbled under the weight of large supplies and a lack of news about trade talks with China on Tuesday, while cattle futures also weakened. The declines were a turnaround from Monday, when hog futures climbed on hopes for easing tensions in the trade war between Washington and


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