
Tag Archives limit down

U.S. livestock: Cattle, hogs limit down on coronavirus fears
Market has to 'reevaluate' supply/demand picture
Chicago | Reuters — U.S. livestock futures on the Chicago Mercantile Exchange (CME) plunged by their daily trading limits on Wednesday as stricter coronavirus emergency measures hammered stock markets and deepened worries about a global recession. Live cattle futures dropped for the fourth time in five sessions, erasing all of the prior session’s gains, while […] Read more

U.S. livestock: CME lean hogs limit down on disappointing export sales
Chicago | Reuters — U.S. lean hog futures plunged on Thursday, with the five most actively traded contracts settling down the daily three-cent-per-pound limit after weekly U.S. export data showed no new pork sales to China, traders said. Live cattle and feeder cattle futures on the Chicago Mercantile Exchange also declined, pressured by long liquidation […] Read more

U.S. livestock: Cattle futures jump on snowstorm
Chicago | Reuters — U.S. cattle futures approached a one-year high on Tuesday on concerns that wintry weather in the middle of the country will temporarily tighten supplies. Snow in states such as Kansas, Nebraska and Iowa this week is expected to slow the transportation of cattle to processing plants run by companies such as […] Read more

U.S. livestock: Cattle limit down after bearish USDA report
Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled about two per cent on Monday after government data on Friday showed bigger-than-expected placements of cattle on feed in August. Most-active CME December live cattle dropped by the daily price limit of three cents to finish at 114.425 cents per pound, reversing from Friday’s 1-1/2 […] Read more

U.S. livestock: CME live cattle limit down on profit-taking
Chicago | Reuters –– Chicago Mercantile Exchange nearby live cattle futures on Friday finished down their three-cent daily price limit, hit by profit-taking after spiking this week to new highs, said traders. Friday was the first of five days that funds in CME’s livestock markets that track the Standard + Poor’s Goldman Sachs Commodity Index […] Read more

U.S. livestock: Hogs, cattle tumble to multi-year lows on supply woes
Chicago | Reuters — U.S. hog and cattle futures plummeted to the lowest levels in years on Friday, extending recent declines amid abundant animal and meat supplies and as investors squared up their books on the final day of the quarter, traders said. Chicago Mercantile Exchange lean hogs fell roughly five per cent for their […] Read more

U.S. livestock: CME live cattle plunge limit down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday slumped, with nearby contracts down the three cents/lb. daily price limit, rattled by fund selling and uneasiness before cash prices by Friday, said traders. October and December settled down by the three-cent limit to 103.825 and 103.125 cents, respectively (all figures US$). Live […] Read more
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