Chicago mercantile exchange cattle futures fell to end the week. Hog futures were also mostly down. Most-active February live cattle futures closed at 233.725 cents a pound, down 1.550 cents. April futures settled down 1.550 cents at 234.675 cents a pound. Most-traded March feeder cattle futures lost 3.025 cents to close at 354.700 cents a […] Read more
U.S. livestock: Most cattle, hog futures down
U.S. livestock: Cattle, hog futures rebound
Chicago cattle and hog futures regained lost ground on Thursday. Most-active February live cattle futures closed at 235.275 cents a pound, up 0.750 cents. April live cattle gained 1.050 cents to settle at 236.225 cents per pound. Most-traded March feeders closed at 357.725 cents a pound, up 2.225 cents. January feeders settled at 362.475 cents […] Read more
U.S. livestock: Chicago cattle, hogs drop
Chicago cattle and hog futures fell on Wednesday. Most-active February live cattle futures lost 2.100 cents to settle at 234.525 cents per pound. April live cattle closed at 235.175 cents a pound, down 2.200 cents. Most-traded March feeder cattle closed at 355.500 cents a pound, down 3.525 cents. April contracts lost 3.450 cents to settle […] Read more
U.S. livestock: Cattle rise, lean hogs mixed
Chicago lean hog futures ended Tuesday mixed while cattle made gains. Most-active February lean hog contracts closed down 0.475 cents at 85.675 cents a pound. April futures gained 0.075 cents to settle at 91.575 cents per pound. The USDA reported pork carcass cutout value at $91.25 per cwt on Tuesday afternoon, down $2.59. Most-traded February […] Read more
U.S. livestock: CME hogs touch October high on fund buying
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures reached their highest level since October on Monday amid annual adjustments by funds in commodity markets, brokers said. Fund buying at the start of the year also supported grain and soy futures at the Chicago Board of Trade. CME February lean hog futures LHG26 closed […] Read more
U.S. livestock: Cattle futures surge as second screwworm case announced
Chicago | Reuters – Chicago Mercantile Exchange cattle futures rallied on Friday as two new screwworm cases were announced in Mexico in two days, keeping the focus on tight cattle supplies. CME February live cattle LCG26 settled 4.400 cents higher at 236.000 cents per pound, having hit the highest peak since October 24, and March […] Read more
U.S. livestock: CME cattle futures rise on expectations of tight supplies
Chicago | Reuters – Chicago Mercantile Exchange cattle futures climbed on Wednesday as market players anticipated tighter cattle supplies in the first quarter of the new year, and there was some technical buying, according to analysts. CME February live cattle LCG26 settled 1.125 cents higher at 231.600 cents per pound, and March feeder cattle FCH26 […] Read more
U.S. livestock: CME cattle futures higher on year-end positioning
Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures climbed on Tuesday on position squaring between the Christmas and New Year holidays, analysts said. CME February live cattle LCG26 settled 1.500 cents higher at 230.475 cents per pound, and March feeder cattle FCH26 settled 2.900 cents higher at 344.575 cents per pound. CME […] Read more
U.S. livestock: Lean hogs tick down on supply numbers, year-end positioning
Chicago | Reuters – Chicago Mercantile Exchange live cattle and lean hog futures fell while feeder cattle futures rose on year-end positioning, according to analysts, with the trade thin between Christmas and New Year holidays. Many funds still have net long positions, said Doug Houghton, analyst at Brock Associates, “If they’re taking profits, that’s going […] Read more
U.S. livestock: CME cattle tick lower in thin pre-holiday trade
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures were little changed but ended slightly lower on Wednesday amid thin trade ahead of Christmas, analysts said. Many traders have exited out of their positions ahead of Christmas and the New Year market holidays. CME February live cattle LCG26 settled 1.45 cents lower […] Read more
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