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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures retreat as Wall Street dips, feed costs rise

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Chicago | Reuters – U.S. cattle futures retreated on Tuesday after hitting a near three-month high in the previous session as rising feed costs and a downturn in equities markets triggered selling. Cattle futures have firmed in recent days as hopes for an economic stimulus deal in Washington overshadowed worries about restaurant closures and travel […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit six-week high; hog futures ease after rally

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Chicago | Reuters – U.S. cattle futures rose for the sixth time in seven sessions on Thursday, hitting a six-week high on signs of strength in the cash market, traders said. Hog futures eased after four straight days of gains pushed the front-month contract to its highest in nearly two months on Wednesday. Volumes were […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures rise to highest since late October; cattle firms

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Chicago | Reuters – U.S. hog futures rose to their highest in nearly two months on Wednesday, supported by a round of technical buying and tight pork supplies. After the market closed on Tuesday, the U.S. government released a report that showed that domestic frozen pork belly stocks as of Nov. 30 stood at 23.111 […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures drop on fund selling

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Chicago | Reuters – U.S. cattle futures fell on Tuesday, with traders noting pressure from fund selling. Hog futures were slightly firmer as investors squared positions ahead of a key government supply report. Chicago Mercantile Exchange (CME) February live cattle futures dropped 1.2 cents to settle at 113.45 cents per pound. The contract found support […] Read more
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures weaken on technical setback

Hog futures up ahead of USDA data

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Chicago | Reuters — U.S. live cattle futures eased on Monday, setting back on some mild technical selling after three days of gains, while hog futures edged higher, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled 0.2 cent lower at 114.65 cents/lb. (all figures US$). The contract hit its highest since Nov. […] Read more
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm as cash market rebound seen

Hog report expected to show smaller herd

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Chicago | Reuters — U.S. live cattle futures rose for the third day in a row on Friday, on expectations that the cash market would rebound from recent lows in the coming days. Traders also viewed a government report that showed cattle placements during November were down sharply from a year earlier as bullish. “The […] Read more
CME February 2021 live cattle (candlesticks) with 100-day moving average (red line) and January 2021 feeder cattle (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm

Hogs weak despite big pork exports

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Chicago | Reuters — U.S. cattle futures rose to a two-week high on Thursday, their second straight day of gains, on technical buying, traders said. Hog futures were weaker despite signs of strong pork exports and firm demand from China. Chicago Mercantile Exchange (CME) February live cattle futures settled up 0.675 cent at 114.45 cents/lb. […] Read more
(TysonFoods.com)
Hogs, Livestock, Reuters

Tyson fires seven managers after probe into COVID-19 wagering

Employees had been suspended following lawsuit

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Reuters — Tyson Foods said Wednesday it had fired seven managers at an Iowa pork plant after investigating allegations that they took bets on how many employees would catch COVID-19. The independent investigation, led by former U.S. Attorney General Eric Holder, came in response to a lawsuit filed by the son of a worker at […] Read more

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