CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Lean hogs limit-down off highest in nearly seven years

Follow-through selling drags on live cattle

Chicago | Reuters — Chicago Mercantile exchange lean hog futures dropped sharply on Monday, with numerous contracts closing down the daily three-cent limit on a round of profit-taking after the front-month contract hit its highest since June 2014 last week. “We have had a strong run and we are coming up a little bit short


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

U.S. livestock: Live cattle ease after week of rising cash cattle, beef prices

Lean hog futures continue higher

Chicago | Reuters — U.S. live cattle futures on the Chicago Mercantile Exchange eased on Friday, as basis between cash cattle and futures narrowed, analysts said. “We had some profit taking, because the cash market finally surged higher,” said Cassie Fish, analyst and author at the blog, The Beef. Cash cattle traded as high as

CME June 2021 lean hogs (candlesticks) with 20- and 100-day moving averages (pink, red lines) and CME lean hog index (purple line). (Barchart)

U.S. livestock: Lean hogs strengthen on strong demand, firm exports

Live cattle down despite beef, cash strength

Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange climbed higher on Thursday as tight supply and firm export demand offered support, analysts said. “A lot of that has to do with COVID and the pent-up demand we have, with more things opening up,” said Joe Kooima, commodity broker at Kooima


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

U.S. livestock: Lean hogs gain as swine fever worries open up export markets

Boxed beef values lift live cattle futures

Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange jumped higher on Wednesday on fears of African swine fever rising across parts of Asia, as well as tight domestic supply as the U.S. rebuilds its hog herd after culling during the height of the COVID-19 pandemic, analysts said. The Philippines reduced

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

U.S. livestock: Live cattle up with consumer beef demand

Demand, cash prices also support hogs

Chicago | Reuters — U.S. live cattle futures on the Chicago Mercantile Exchange climbed higher on Tuesday, supported by strong consumer beef demand and a firming cash beef market, analysts said. “The demand for protein is strong,” said Altin Kalo, economist at Steiner Consulting Group. It’s people getting ready for the spring and restaurants opening



CME June 2021 lean hogs (candlesticks) with Bollinger (20,2) bands and CME lean hog index (black line). (Barchart)

U.S. livestock: Lean hog futures notch contract highs

Chicago live cattle retreat

Chicago | Reuters — U.S. lean hog futures rose on Thursday, with several contract months including the benchmark June setting life-of-contract highs on firm cash markets and strong demand for pork, traders said. Chicago Mercantile Exchange June lean hogs settled up 1.025 cents at 106.325 cents/lb., after recording a contract high at 106.725 cents (all