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Tag Archives live cattle

(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Hog futures pull back on large supplies

By GFM Network News, Reuters, Tom Polansek June 11, 2019
Chicago | Reuters — U.S. hog futures tumbled on Tuesday as traders said a rally the previous day looked overdone in the face of large supplies. Feeder cattle futures also weakened, while live cattle futures closed higher. Hog futures pulled back after climbing on Monday, when traders were relieved that U.S. President Donald Trump had

CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures advance after Trump calls off Mexico tariffs

By GFM Network News, Tom Polansek June 10, 2019
Chicago | Reuters — U.S. hog futures rose on Monday as traders were relieved President Donald Trump had called off plans to impose tariffs on imports of Mexican goods, which means no retaliatory duties by Mexico on U.S. products like pork. Live cattle futures rose by the daily price limit. Traders remained on edge about


CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Futures end week on sour note

By GFM Network News, P.J. Huffstutter June 7, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s plans to roll out tariffs on imports from Mexico next week. The trade worries come as U.S. supplies of both hogs

CME August 2019 feeder cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets

U.S. livestock: Corn rally drags on feeder cattle futures

By GFM Network News, P.J. Huffstutter June 6, 2019
Chicago | Reuters — A rally in corn prices sent feeder cattle futures sliding on the Chicago Mercantile Exchange (CME) on Thursday, while deferred live cattle futures inched upward earlier in the day on signs of short-covering, traders said. Corn futures were choppy early, as weather forecasts across the U.S. Midwest continued to show a


CME September 2019 feeder cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Feeder cattle rally on corn futures slump

By GFM Network News, P.J. Huffstutter June 5, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures continued to rally on Wednesday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. The burgeoning U.S.-Mexico trade fight pressured Chicago Board of Trade corn futures, despite a Reuters report that corn has been excluded from

CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Trade fights continue to batter live cattle, lean hogs

By GFM Network News, P.J. Huffstutter June 3, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and lean hog futures fell for a second trading day on Monday — with live cattle futures hitting a near-10 month low — amid robust supplies and trade fights quelling export demand, traders said. But trade issues helped feeder cattle futures settle the day slightly


CME August 2019 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets

U.S. livestock: Hog, cattle futures fall after Trump opens new front in trade war

By GFM Network News, Mark Weinraub May 31, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s proposal to impose tariffs on imports from Mexico. The fresh trade concerns, coming at a time when U.S. supplies of both

CME August 2019 feeder cattle, with CBOT July 2019 corn (orange line). (Barchart)
Livestock, Markets

U.S. livestock: Futures fall as corn rally boosts feeding costs

By GFM Network News, Mark Weinraub May 30, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed mostly lower on Thursday, with a rally in the corn market pressuring livestock contracts, traders said. “It had a lot to do with corn going up,” said Doug Houghton, an analyst with Brock Associates Inc. “Feed costs are higher.” Feeder cattle futures notched


CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures firm as cash market steadies

By GFM Network News, Mark Weinraub May 29, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by a steadying cash market, traders said. Cash cattle traded at $115 in Kansas on Tuesday (all figures US$). That was unchanged from a week earlier and came after five straight weeks of declines, said Rich Nelson, chief strategist with Allendale Inc.

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures fall with demand uncertain due to trade fights

By GFM Network News, Mark Weinraub May 28, 2019
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell 2.9 per cent to their lowest level in nearly three weeks on Tuesday, with concerns about demand from top buyers in focus amid a record-large supply in the U.S., traders said. The market shrugged off a U.S. Agriculture Department report from last week that


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