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(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Hogs jump on technical rebound

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained as much as two per cent on Wednesday, reversing from earlier losses on strength from technical buying and a rebound in wholesale pork prices, traders said. Hog futures tested life-of-contract lows reached last week but did surpass those lows, sparking short-covering. The opposite was
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle rise on cash gains

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Chicago | Reuters — U.S. live cattle futures jumped about one per cent on Friday, capping their best weekly performance since February as investors added to long bets following higher trades in Great Plains cash cattle markets, traders and analysts said. Chicago Mercantile Exchange feeder cattle were also higher, although each cattle contract finished just
(CMEGroup.com)
Livestock, Markets

U.S. livestock: Hogs fall on big supplies

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Chicago | Reuters — U.S. lean hogs futures fell to 3-1/2-month lows on Thursday as investors continued liquidating long bets amid plentiful supplies and lacklustre pork export sales, traders said. Live and feeder cattle futures also eased at the Chicago Mercantile Exchange, with cattle prices reversing from multiweek highs reached earlier in the session. Hogs
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME hogs settle mostly weak on month-end positioning

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Chicago / Reuters – Most Chicago Mercantile Exchange lean hog contracts closed weaker on Friday, after a volatile session highlighted by  investors squaring positions on the final trading day of the month, trader said. August hogs finished up 0.125 cent per lb to 68.975 cents. October ended 0.150 cent per lb lower at 59.050 cents and December down 0.075 cent to
File photo
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Slumping cash prices sink CME hogs to four-month low

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Chicago / Reuters – Chicago Mercantile Exchange lean hogs on Thursday settled near their lowest since late-March 2013, dragged down by weaker cash prices before some plants shut down on Monday for an annual industry floater holiday, traders said. One packer was closed on Thursday, and possibly on Friday, for repairs, which limited its need for supplies, a Midwest hog merchant
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME hog futures biggest one-day loss in seven months

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Chicago / Reuters – Chicago Mercantile Exchange lean hogs on Wednesday slumped nearly four per cent, their biggest daily decline since mid-December 2015, pressured by day’s steep wholesale pork price drop and further cash price weakness, traders said. August hogs finished 2.925 cents per lb lower at 71.675 cents. October ended 2.575 cents per lb lower at 61.050 cents. Cash hog prices
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Beef price bounce extends CME live cattle futures gains

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Chicago / Reuters – Chicago Mercantile Exchange live cattle futures gained for a third straight session on Tuesday, fueled by technical buying and the day’s wholesale beef price turnaround, said traders. August live cattle closed 0.925 cents per lb higher at 113.875 cents, and above the 40-day moving average of 113.30 cents. October settled 1.500 cents higher at 112.575 cents and over

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