CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures drift lower on technical selling

Back months in hogs, cattle draw speculators' interest

Chicago | Reuters — U.S. cattle futures closed lower on Friday on light technical selling, with the spot February contract pressured as speculators rolled long positions into forward months, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled down 0.5 cent at 114.475 cents/lb. (all figures US$). Friday was the first day of

CME March 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle end mixed, feeders firm

Cattle take cues from pause in corn rally

Chicago | Reuters — U.S. cattle futures closed narrowly mixed on Thursday with the spot February contract drifting lower in rangebound trade, awaiting direction from cash markets, while back months firmed on optimism about the U.S. economy, traders said. Feeder cattle futures rose as prices for corn, the main feed grain for cattle, retreated from


CME February 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs trim as packers work through holiday backlogs

CME cattle futures pressured lower

Chicago | Reuters — U.S. lean hog futures fell on Wednesday as packers work through backlogs caused by holiday shutdowns, analysts said. Daily hog slaughter regained from holiday pace, with 495,000 head processed compared to 472,000 head the week prior, according to U.S. Department of Agriculture data, but was still short of prior year pace.

CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle rally on fund-driven buying

CME lean hogs end narrowly mixed

Chicago | Reuters — U.S. live cattle futures rose two per cent on Tuesday, bouncing back from a sell-off a day earlier, lifted by speculative buying and broad strength in commodities as investors seek a hedge against inflation, analysts said. Chicago Mercantile Exchange (CME) February live cattle futures settled up 2.75 cents at 115.05 cents/lb.


CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle sag as Wall Street retreats, grain prices rise

Wholesale ham prices supportive for hogs

Chicago | Reuters — U.S. live cattle futures fell more than two per cent on Monday, pressured by ample beef supplies and fund-driven selling as Wall Street equities declined, analysts said. Feeder cattle futures fell even harder, dropping by three per cent as U.S. corn futures rose to almost $5 a bushel for the first

China to launch hog futures market

China to launch hog futures market

China’s securities regulator says hog futures will be listed on the Dalian Commodity Exchange on Jan. 8, as the world’s top pork producer finally rolls out a commodity contract that has been discussed for more than a decade. The China Securities Regulatory Commission, which announced the launch date in a brief statement on its website,


CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures weaken on technical setback

Hog futures up ahead of USDA data

Chicago | Reuters — U.S. live cattle futures eased on Monday, setting back on some mild technical selling after three days of gains, while hog futures edged higher, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled 0.2 cent lower at 114.65 cents/lb. (all figures US$). The contract hit its highest since Nov.



CME February 2021 live cattle (candlesticks) with 100-day moving average (red line) and January 2021 feeder cattle (pink line). (Barchart)

U.S. livestock: Cattle futures firm

Hogs weak despite big pork exports

Chicago | Reuters — U.S. cattle futures rose to a two-week high on Thursday, their second straight day of gains, on technical buying, traders said. Hog futures were weaker despite signs of strong pork exports and firm demand from China. Chicago Mercantile Exchange (CME) February live cattle futures settled up 0.675 cent at 114.45 cents/lb.

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures firm despite weak cash markets

Hogs down on technical selling

Chicago | Reuters — U.S. cattle futures firmed on Wednesday, shrugging off weakness in the cash market in anticipation of tightening supplies in the coming months, traders said. Hog futures eased on a round of technical selling. Traders were expecting a U.S. Department of Agriculture (USDA) report on Friday to show an 8.6 per cent