CME January 2019 feeder cattle with 20-day moving average. (Barchart)

U.S. livestock: Feeder cattle rally from five-month low in technical bounce

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures rallied from five-month lows on Tuesday in a short-covering and technical-buying bounce, traders said. Live cattle futures followed feeders higher, although gains were clipped by limited packer demand for U.S. Plains feedlot cattle ahead of next week’s shortened Thanksgiving holiday week slaughter. Actively traded January […] Read more



Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

U.S. livestock: Cattle futures drop most since June on weaker cash market

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell more than 1 percent on Friday, sagging under pressure from lower wholesale beef prices and slightly weaker trades in cash cattle markets in the southern Plains, traders said. Front-month December live cattle settled 1.975 cents lower at 114.575 cents per pound. The contract finished […] Read more

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U.S. livestock: Cattle futures gain on technical buying; hogs lower

Chicago | Reuters – U.S. cattle futures were narrowly higher on Thursday, buoyed by spreading and technical buying despite a downturn in wholesale beef prices, traders and analysts said. Live cattle futures climbed for the third straight session on the Chicago Mercantile Exchange as the market continued to claw back from steep losses on Monday. […] Read more


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U.S. livestock: Hog futures rebound from 2-week low on short-covering

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures were mostly higher on Wednesday, rebounding from an early two-week low on support from calendar spreading and short-covering, traders and analysts said. But excessive hog supplies and increased pork production made the market vulnerable to further declines, with weaker prices for wholesale pork signaling a […] Read more