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Tag Archives live cattle


CME live cattle futures LEG24 on Dec. 21. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures face renewed pressure

Lean hog futures ended the day mixed

By P.J. Huffstutter, Reuters, GFM Network News December 21, 2023
Chicago Mercantile Exchange cattle futures were mostly sharply lower on Thursday as traders sold off or shifted their positions ahead of a series of key government reports, analysts said.

Photo: File
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm on hopes of higher cash prices

The trade is expecting a smaller hog herd, Reuters survey shows

By P.J. Huffstutter, Reuters, GFM Network News December 20, 2023
Chicago Mercantile Exchange cattle futures firmed on Wednesday amid technical trading, weakness in U.S. corn futures and hopes of higher cash prices next week as packers close out the year, analysts said.


Live cattle futures LEG24 on Dec. 19 with 20, 50 and 100 day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures fall on technical trading ahead of reports

Lean hog futures also ended the day lower

By Reuters, Tom Polansek, GFM Network News December 19, 2023
Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.

Live cattle LEG24 for Dec. 18 with moving averages for 20, 50 and 100 days. (Barchart)
Markets, Reuters

U.S. livestock: Cattle extend advances on technical buying, firm equities

Lean hogs end slightly down after early jump

By Reuters, Tom Polansek, GFM Network News December 18, 2023
Chicago Mercantile Exchange live cattle and feeder cattle futures closed higher on Monday on technical buying and support from firmer equities, analysts said.


CME lean hogs HEG24 on Dec. 15, with moving averages at 20, 50 and 100 days. (Barchart)
Markets, Reuters

U.S. livestock: CME hogs, cattle close at highest levels since November

Gains in the stock market supported livestock futures, analyst says

By Reuters, Tom Polansek, GFM Network News December 15, 2023
Chicago | Reuters -- Chicago Mercantile Exchange hog and cattle futures closed at their highest levels since November on Friday as short covering lifted the livestock markets, traders said.

Photo: Thinkstock
Markets, Reuters

U.S. livestock: CME lean hogs jump following recent slide

Live cattle futures have bounced a bit after sinking last week to a 14-month low

By Reuters, Tom Polansek, GFM Network News December 14, 2023
Lean hog futures climbed at Chicago Mercantile Exchange on Thursday as the market rebounded from recent losses amid short covering and hopes that cash prices may have reached a bottom, analysts said.


Sides of pork in cold storage. (Agnormark/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: CME hogs decline further as cattle face renewed pressure

"I think we're still trying to hunt for a bottom": analyst

By Reuters, Tom Polansek, GFM Network News December 13, 2023
Chicago Mercantile Exchange lean hog futures extended a slump, as live cattle futures came under renewed pressure with broad selling hitting agricultural markets on Wednesday.

Photo: Thinkstock
Markets, Reuters

U.S. livestock: CME cattle rise with boxed beef prices, bounce from recent decline

CME lean hogs hit lowest price since Nov. 28 contract low

By Reuters, Tom Polansek, GFM Network News December 11, 2023
Chicago | Reuters -- Chicago Mercantile Exchange live cattle futures advanced on Monday as wholesale beef prices increased and the market rebounded from a 2% slide last week, brokers said.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

CME cattle futures rout continues; hogs end lower

Despite small U.S. herd, placement into feedlots have been above last year's levels

By Julie Ingwersen, Reuters, GFM Network News December 8, 2023
Live cattle futures on the Chicago Mercantile Exchange dropped on Thursday to fresh multi-month lows on technical selling and weak beef prices at a time when feedlot supplies of market-ready cattle are rising, analysts said.

(File photo)
Markets, Reuters

U.S. Livestock: CME cattle down sharply on fund selling, ending near week’s lows

CME lean hog futures followed cattle contracts lower

By Karl Plume, Reuters, GFM Network News December 2, 2023
Chicago Mercantile Exchange cattle futures plunged for a second straight session on Friday on fund long liquidation, closing out a volatile week of trading in the livestock pits with prices for live and feeder cattle contracts ending near the week's lows.


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