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U.S. livestock: Cattle futures spike, hogs mixed

Chicago cattle futures closed sharply up on Monday while lean hog futures were mixed. “Two large trades were seen at two different levels in the feeder cattle market, suggesting this may have been a short covering rally,” wrote analyst Christopher B. Swift. Most-active November feeders closed at 360.800 cents a pound, up 5.375 cents. January


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U.S. livestock: Cattle rebound on technical buying

Chicago | Reuters – Chicago Mercantile Exchange cattle futures rebounded on technical buying on Friday, though declining wholesale beef prices and weaker cash markets have weighed on prices, analysts said. CME December live cattle LCZ25 rose 1.025 cents to end at 234.50 cents per pound. CME November feeder cattle FCX25 rose 3.025 cents to end

Cattle on pasture. PHOTO: FILE

U.S. livestock: CME cattle fall on profit-taking

Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on profit-taking on Thursday, though hopes for the border reopening to Mexican cattle imports have also put a damper on prices. On Tuesday, the U.S. Food and Drug Administration announced it had approved Dectomax-CA1, an injectable anti-parasitic medication, to prevent and treat screwworm in cattle.


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U.S. livestock: Cattle choppy amid weak cash market, tight supply

Chicago | Reuters – Chicago Mercantile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be closed to cattle imports for the foreseeable future as the flesh-eating screwworm parasite spreads.

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U.S. livestock: Hog futures slide in technical correction

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ticked lower on Monday in a technical pullback after futures surged in the previous session, traders said. The U.S. Department of Agriculture in its quarterly Hogs and Pigs report on Thursday said the nation’s inventory on September 1 was 74.5 million head, down 1.3 per






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U.S. livestock: Hogs rally ahead of USDA report

Chicago lean hog futures rallied on Tuesday ahead of the USDA’s Hogs and Pigs report, due on Thursday. “The report may show a slight increase in total hog population, but analysts are speculating over what other stats may show and mean for futures prices,” the Wall Street Journal reported. The question is if producers expanded