Chicago | Reuters — U.S. live cattle and hog futures were mixed on Monday, with front-month contracts easing slightly while deferreds firmed in technical moves. Traders were unwinding bull spreads as they awaited the U.S. Agriculture Department’s cold storage report, which was released after markets closed. Monday afternoon’s USDA cold storage report showed month-over-month declines […] Read more
U.S. livestock: CME cattle, hogs mixed in technical moves
U.S. livestock: Cattle and hog futures both mixed ahead of USDA reports
Chicago | Reuters — U.S. live cattle futures were mixed on Friday, with the front-month contract firming slightly while deferreds eased as traders staked out positions ahead of the U.S. government’s closely watched inventory and Cattle on Feed reports. Pre-report positioning also was noted in fed cattle and hog contracts, with both of those markets […] Read more
U.S. livestock: CME cattle futures mixed in pre-report positioning
Chicago | Reuters — U.S. live cattle futures were mixed on Thursday, with the nearby contract easing while deferred months firmed slightly on positioning ahead of two big U.S. Department of Agriculture reports due Friday, traders said. Some investors were unwinding bull spreads placed during the cattle market’s rally to its highest in more than […] Read more
U.S. livestock: CME lean hogs, live cattle end lower
Chicago | Reuters — U.S. lean hog futures fell on Tuesday for a second straight session, pressured by technical selling, ample pork supplies and worries that trade tensions with China and Mexico will curb export demand, traders said. “We still have cheaper grain, increased (hog) weight potential down the line — all of the above […] Read more
U.S. livestock: Hogs up, live cattle decline on spreading
Chicago | Reuters — U.S. livestock futures were mixed on Friday, with lean hogs sharply higher and live cattle narrowly lower in largely technically driven and spread trading, dealers said. Friday was the final day of the five-day roll for funds tracking Standard + Poor’s Goldman Sachs Commodity Index, and investors moving out of front […] Read more
U.S. livestock: Hogs, cattle extend declines on trade war worries
Chicago | Reuters — U.S. livestock futures fell one per cent or more on Wednesday, extending declines on technical selling and fears reduced pork and beef exports could result in burdensome supplies in domestic meat markets, traders and analysts said. Most Chicago Mercantile Exchange lean hog futures contracts slumped to lifetime lows for the third […] Read more
U.S. livestock: CME hogs hit new lows as cash prices fall, funds roll
Chicago | Reuters — Chicago Mercantile Exchange hogs on Tuesday marked new lows, and the August contract fell by its three-cent daily price limit, amid eroding cash prices and the roll by funds, said traders. Tuesday was the second of five days that CME livestock market funds which track the Standard + Poor’s Goldman Sachs […] Read more
U.S. livestock: Cattle, hogs about flat in technical trading
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures were little changed on Thursday in technically driven trade amid a lack of fresh fundamental news following a pause in trading on Wednesday’s U.S. Independence Day holiday. Most active live cattle futures finished narrowly mixed as traders awaited deals in U.S. Plains cash cattle […] Read more
U.S. livestock: Cattle, hogs gain on pre-holiday technical buying
Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mostly higher on Tuesday, with some hog and cattle contracts hitting multi-month peaks on technical buying ahead of Wednesday’s U.S. Independence Day holiday, traders and analysts said. CME July lean hog futures climbed to their highest since Feb. 26, settling up 0.525 cent to 83.725 […] Read more
U.S. livestock: Feeder cattle jump as corn prices drop
Chicago | Reuters — U.S. feeder cattle futures rose to nearly four-month highs on Monday as declining feed prices boosted demand for the variety of cattle fattened and then sold to beef packers. Live cattle futures, reflecting the animals already fattened for slaughter, were narrowly higher while lean hogs were widely mixed on the Chicago […] Read more
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