Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose for the fourth consecutive session on Wednesday and touched their highest prices in more than five months. CME October hogs traded up to 67.550 cents/lb., the contract’s highest price since April 20, before paring gains (all figures US$). It ended up 1.05 cents, to […] Read more
U.S. livestock: CME lean hogs touch highest since April
U.S. livestock: CME cattle futures extend rally
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose for the third day in a row on Tuesday, with the market still underpinned by the trade deal among the U.S., Canada and Mexico, traders said. But technical buying pulled prices from their highs and the market failed to take out the 5-1/2-month high […] Read more
U.S. livestock: CME cattle futures jump on trilateral trade pact
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to their highest prices since April on Monday after the U.S., Canada and Mexico said they struck a deal on a trilateral trade pact. News of the agreement, reached over the weekend, eased concerns that the United States would exit the North American Free […] Read more
U.S. livestock: CME lean hogs, cattle rise on month-end buying
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday, with the most-active December contract jumping more than four per cent on short-covering at the end of the month and quarter, traders said. CME October hogs settled up 0.875 cent at 62.175 cents/lb. and December rose 2.45 cents at 57.925 (all figures […] Read more
U.S. livestock: CME live cattle end higher, gaining against hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose more than one per cent on Wednesday on optimism about firmer cash cattle trade this week and inter-market spreading against hog futures, traders said. The market shrugged off bearish cattle and beef data from the U.S. Department of Agriculture in Monday’s Cold Storage and […] Read more
U.S. livestock: CME cattle up on technical buying
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, with the most-active December contract rallying from a one-week low on technical buying and anticipation of strong consumer demand, traders said. The market shook off pressure from bearish data in Monday’s U.S. Department of Agriculture cold storage report, which showed total […] Read more
U.S. livestock: CME cattle futures sag after USDA data
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Monday, pressured by technical selling and bearish data in a monthly U.S. Department of Agriculture report released on Friday, traders said. USDA late on Friday reported the number of U.S. cattle on feed as of Sept. 1 at 11.125 million head, up six […] Read more
U.S. livestock: Cattle climb ahead of USDA supply report
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were higher on Friday, boosted by short-covering in a rebound from an earlier one-week low, traders and analysts said. Traders also were squaring their positions ahead of the U.S. Department’s monthly Cattle on Feed report, which was released after the close of trading. The slightly […] Read more
U.S. livestock: Hog futures widely mixed on spreading
Chicago | Reuters — U.S. lean hog futures were widely mixed on Thursday, with nearby contracts gaining on the back of higher hog prices in cash markets while deferred futures contracts lost ground, traders and analysts said. Cattle futures, both live and feeder, continued to decline as traders locked in profits following the six-month highs […] Read more
U.S. livestock: Hog futures near three-month high
Chicago | Reuters — U.S. lean hog futures climbed to a nearly three-month high on Wednesday, boosted by gains in cash hog markets, before futures trimmed gains to finish the session mixed. Cattle futures were nearly flat on the Chicago Mercantile Exchange, in technical trading as dealers awaited a monthly U.S. Department of Agriculture cattle […] Read more