Chicago | Reuters — Chicago Mercantile Exchange cattle futures rebounded from multi-month lows on Monday, while hog futures eased on follow-through selling after notching a limit-down decline on Friday. Live cattle futures snapped an eight-session losing streak that saw the April contract shed seven per cent of its value and drove prices to their lowest […] Read more
U.S. livestock: CME cattle bounce from multi-month lows
Chicago lean hogs extend declines
U.S. livestock: CME cattle hit multi-month lows
Hogs drop by daily limit
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to a six-month low and feeder cattle hit a nine-month low on Friday, while lean hog futures sank by the daily exchange-imposed trading limit. Follow-through selling pushed down cattle contracts after a string of losses in the markets, brokers said. Recent weakness in wholesale […] Read more
U.S. livestock: CME live cattle, feeder cattle sag to four-month lows
Chicago | Reuters — Chicago Mercantile Exchange livestock futures slumped on Thursday, with live cattle and feeder cattle setting four-month lows. The cattle markets came under continued pressure from weakness in equities, which lost ground as the Ukraine crisis kept investors on edge, traders said. In grain markets, soaring costs for corn and wheat threaten […] Read more
U.S. livestock: CME feeder cattle firm, live cattle ease as grain markets roiled
Hog futures up on supply concerns
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures rose on Wednesday, and live cattle futures prices slipped for another session, as Russia’s invasion of Ukraine continued to send agricultural commodity markets into a tailspin, traders said. But a whipsaw in prices for grains used for livestock feed weighed on the day’s livestock complex, […] Read more
U.S. livestock: CME feeder cattle hit four-month low
Live cattle weaken; lean hogs higher
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures dropped to a four-month low on Tuesday and live cattle futures eased as Wall Street tumbled, traders said. A surge in prices for grains used for livestock feed added pressure on feeder cattle, traders said. Corn and wheat futures each rose by their daily trading […] Read more
U.S. livestock: CME live cattle fall, feeder cattle lowest since November
April, June hogs down on day
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell to their lowest level in more than a month on Monday as beef prices weakened and some traders reduced risk amid uncertainty over Russia’s invasion of Ukraine, analysts said. Feeder cattle futures fell to their lowest price since November and lean hogs also slumped. […] Read more
U.S. livestock: CME cattle down on lower cash prices
Chicago lean hogs extend decline
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped on Friday as cash market prices this week were lower than anticipated, while lean hog futures dropped for a third straight session. Weakening wholesale beef prices added pressure to live cattle, along with adequate supplies of animals available to packers through the summer. The […] Read more
U.S. livestock: CME cattle, hogs sink on profit-taking
March feeder cattle drop as grains surge
Chicago | Reuters — Chicago Mercantile Exchange livestock futures tumbled on Thursday as profit-taking and long liquidation pressured prices following recent gains, analysts said. Lean hog futures pulled back from contract highs reached on Wednesday as traders monitored swings in the stock market after Russia invaded Ukraine. CME April hog futures sank 2.5 cents to […] Read more
U.S. livestock: Lean hogs tumble on profit-taking
Rising feed costs pressure cattle futures
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended down sharply on Wednesday in a profit-taking setback following seven sessions of gains that took actively-traded nearby months to contract highs. A bearish U.S. Department of Agriculture (USDA) cold storage report on Tuesday showed larger frozen pork supplies, including a 17 per cent month-over-month […] Read more
Slammed by a huge jump in costs, pork producers are ‘just hanging on’
It’s not just sky-high feed costs — rising bills for heat, freight, and medication have eaten up a hike in prices
Reading Time: 3 minutes Beleaguered hog farmers are finally getting paid more but the extra cash — and then some — is blowing out the door as costs soar. A year ago, it cost about $140 per month to house and feed a pig, said Mark Wipf, hog and feed manager for Lakeside Colony Farming Company, located east of […] Read more