CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Cattle futures consolidate near peaks

Chicago hog futures fall

Chicago | Reuters — CME Group cattle futures stabilized near recent highs on Thursday, with strong cash markets and a round of speculative buying underpinning prices. Hog futures fell as the soybean futures market rallied to its highest in nearly 10 years, raising the prospect of higher feed costs. The U.S. Agriculture Department said on […] Read more

CME August 2022 live cattle (candlesticks) with Bollinger bands (20,2) and 200-day moving average (black line). (Barchart)

U.S. livestock: Cattle futures rally on concerns about supplies

July lean hogs turn lower

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rallied on Wednesday, supported by technical buying and signs of tightening supplies in the cash market, traders said. On a continuous basis, the front-month fed cattle contract hit its highest since November 2015. Live cattle hit a six-week high. Hog futures ended weaker, giving up early […] Read more



CME August 2022 live cattle (candlesticks) with 10-, 20- and 50-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures fall as corn prices rise

Supply outlook also a concern

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, pressured by ample supplies and concerns about feed costs due to high corn prices, traders said. Hog futures were also weak. U.S. beef processors on Monday slaughtered an estimated 125,000 cattle, up from 117,000 a year ago, the U.S. Department of Agriculture […] Read more



CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle, feeder cattle touch three-week highs

July lean hogs close lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a three-week high in the most-active contract on Friday before ending lower amid pre-weekend profit-taking, analysts said. Feeder cattle futures also exceeded a three-week high, while lean hog futures came under pressure at the CME. Strong demand for cattle from meatpackers and a decline […] Read more


CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME live cattle firm on strong demand

Lean hogs mixed near unchanged

Chicago | Reuters — Chicago Mercantile Exchange Group live cattle futures firmed on Thursday, supported by steady cash prices across the U.S. Plains, as well as strength in consumer beef demand, despite inflationary forces, analysts said. “The feeling two, three weeks ago was that beef demand wasn’t that good and was going to really start […] Read more

CME July 2022 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog index (pink line). (Barchart)

U.S. livestock: CME hogs firm on summer demand, tight supplies

Lower corn futures support feeder cattle

Chicago | Reuters — Chicago Mercantile Exchange Group lean hog futures firmed on Wednesday, supported by strong demand that has pushed cash prices higher. “We’re still looking at tighter supplies in front of us,” said Rich Nelson, chief strategist at Allendale Inc. Pork demand firms during the summer, with U.S. grilling holidays such as Father’s […] Read more


CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines) and CME lean hog index (black line). (Barchart)

U.S. livestock: Hog, cattle futures fall despite strong demand

Markets see 'a risk-off day'

Chicago | Reuters — Chicago Mercantile Exchange Group lean hog futures fell on Tuesday, amid outside pressure from agricultural markets, despite strength from strong slaughter and cash hog prices. “We just had a risk-off day,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. “Cash trade kicked up and is trading above the board.” The CME’s […] Read more

CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)

U.S. livestock: Cattle, hog futures fall as feed costs rise

Pre-Memorial Day consolidation seen

Chicago | Reuters — CME Group hog and cattle futures eased on Friday, with rising soy and corn futures raising feed costs for livestock producers. Traders noted consolidation trade ahead of the U.S. Memorial Day holiday weekend. U.S. grain and livestock markets will be closed on Monday. The nearby June hogs contract fell 0.7 cent, […] Read more