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Tag Archives live cattle

CME July 2019 lean hog futures with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Hogs limit down on continued export uncertainty

By GFM Network News, Karl Plume May 24, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Friday on weak pork prices and concerns about export demand as trade tensions have increased between the U.S. and China, the world’s largest hog and pork market. Traders squared positions ahead of the long Memorial Day holiday weekend due to the

(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets

U.S. livestock: Hogs mixed as trade war anxiety overshadows export data

By GFM Network News, Karl Plume May 23, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures traded on both sides of previous levels on Thursday and closed mixed as the market weighed ample hog supplies against some signs of improved pork export demand. Hog traders were encouraged by large pork purchases by China and Mexico in weekly U.S. Department of


(Kelli Jo/iStock/Getty Images)
Livestock, Markets

U.S. livestock: Lean hog futures erode on China trade tensions

By GFM Network News, Karl Plume May 22, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures drifted lower on Wednesday and touched a one-week low as the market was pressured by concerns that the U.S.-China trade war is far from resolution. Traders did not expect any significant Chinese buying of U.S. pork in weekly export sales data due to be

U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand
Livestock, Markets, Weather

U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand

By GFM Network News, Karl Plume May 21, 2019
Chicago | Reuters — U.S. live cattle and lean hog futures on the Chicago Mercantile Exchange (CME) closed mostly lower on Tuesday as both markets were pressured by worries that wet weather around large parts of the country would disrupt demand for pork and beef. Above-normal rains are expected across much of the western and


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

U.S. livestock: Lean hogs end mixed as market assesses trade battles

By GFM Network News, Karl Plume May 20, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) closed mixed on Monday as traders weighed positive news of easing trade tensions with Mexico and Canada against signs that trade ties with China are worsening. The U.S. struck deals last week to lift tariffs on steel and aluminum imports from

U.S. livestock: Lean hogs up as swine fever fuels export hopes
Livestock, Markets

U.S. livestock: Lean hogs up as swine fever fuels export hopes

By GFM Network News, Julie Ingwersen May 15, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) rose for a second day on Wednesday, supported by expectations of increased demand for U.S. pork as African swine fever spreads in China’s hog herd and elsewhere, traders said. “The African swine fever news and talk was everywhere today,” said Dennis


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

U.S. livestock: Lean hog futures bounce, cattle end lower

By GFM Network News, Julie Ingwersen May 14, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday in a technical rebound after Monday’s limit-down close, with firm cash hog values lending support, traders said. Technical traders were encouraged that the benchmark June hog contract was able to hold above Monday’s low, a supportive chart

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

U.S. livestock: Lean hogs limit down on trade war woes

By GFM Network News, Julie Ingwersen May 13, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) fell the daily three-cent-per-pound limit on Monday as fears of a prolonged trade war between the U.S. and China triggered long liquidation, analysts said. China said it would impose higher tariffs on a range of U.S. goods, following Washington’s decision last


CME December 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility.
Livestock, Markets

U.S. livestock: Escalating trade war pressures CME hog futures

By GFM Network News, Tom Polansek May 10, 2019
Chicago | Reuters — Concerns about a prolonged trade war between the United States and China pressured U.S. lean hog futures on Friday, while cattle futures advanced. U.S. and Chinese negotiators ended two days of talks to try to salvage a trade deal in Washington on Friday after the U.S. imposed a new set of

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

U.S. livestock: Hog futures recover on hopes for China trade deal

By GFM Network News, Tom Polansek May 9, 2019
Chicago | Reuters — U.S. hog futures shook off early losses to end mostly higher on Thursday as fears about rising acrimony between Washington and Beijing gave way to hopes that negotiators may be able to hammer out a deal to end the U.S.-China trade war. U.S. President Donald Trump said it was possible the


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