CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle futures firm even as feed prices weigh

Lean hogs end lower, pork packing margins up

Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mixed on Tuesday as soybean and grain prices firmed, traders said. Live cattle and feeder futures were able to continue Monday’s price bump. But the higher feed prices weighed on the beef market, as did questions over consumer and export demand, StoneX chief commodities economist

CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle end higher, rebounding ahead of USDA data

Hogs up after several days' slide

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Friday on bargain buying a day after setting one-month lows, and as traders squared positions ahead of monthly feedlot data released by the U.S. Department of Agriculture after the close of trading. CME February live cattle settled up 0.675 cent at 156.625 cents/lb.,


CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle futures hit one-month low

USDA data awaited; hogs down on wholesale pork price weakness

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday with the most-active April contract hitting a one-month low on technical selling, soft cash cattle markets and weak wholesale beef prices, traders said. CME February live cattle settled down 0.85 cent at 155.95 cents/lb., near its 50-day moving average, after touching 155.375

CME April 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hog futures sag as pork prices hover near two-year lows

Live cattle mixed, March feeder cattle up

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday as cash hog prices remained soft and wholesale pork prices lingered near two-year lows, traders said. “We continue to search for a bottom on the hogs, and the cash market stays under pressure,” said Don Roose, president of Iowa-based U.S. Commodities. “It’s


CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle end firm on tight supplies, lower weights

Hogs mixed on weak cash prices, higher cutout

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firm on Friday, underpinned by tight supplies and as harsh winter weather in recent weeks lowered cattle slaughter weights and limited beef production, traders said. Live cattle futures prices remained bound in a recent trading range as cash cattle prices at Plains feedlot

CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs end mixed, cattle mostly lower

Corn's rally put pressure on feeder cattle futures

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mixed on Thursday, with actively traded nearby months down on weak pork prices and dull demand, while deferred contracts rose on expectations for tighter supplies in coming months, traders said. The February hog contract was down for the 10th time in 11 sessions and


CME February 2023 lean hogs with 20-day moving average (pink line) and CME cash lean hog index (purple line). (Barchart)

U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low

Cattle futures also follow beef values lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell on



CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hogs up off three-month low on bargain buying

Chicago cattle futures also gain

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced from a three-month low on Monday and settled higher for the first time in eight sessions in a technical and bargain-buying rally to start the first full trading week of the year. Cattle futures also gained on improved packer demand following recent weeks of

CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs extend slide to three-month low

Cattle also lower; "no urgency in this market right now"

Chicago | Reuters — CME lean hog futures sank to a three-month low and closed weaker for the seventh consecutive session on Friday on concerns about weak demand, brokers said. An increase in hog weights also hung over the market, after recent winter storms delayed processing and backed up livestock on farms, brokers said. Pork