CME April 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle, lean hogs end lower on profit-taking

March feeder cattle also lower

Chicago | Reuters — U.S. live cattle futures fell on Wednesday in a light profit-taking setback following a four-session climb, and on spillover weakness from declines in Wall Street equity markets, traders said. However, continued strength in wholesale beef prices and expectations of higher cash cattle prices this week underpinned the market. Chicago Mercantile Exchange […] Read more

CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Rising beef prices buoy CME live cattle futures

Colder spell in U.S. Midwest, Plains lifts hogs

Chicago | Reuters — U.S. live cattle futures rose on Tuesday for a fourth straight session, with deferred months setting life-of-contract highs as robust demand for beef lifted packer profit margins and bolstered demand for market-ready cattle, traders said. Chicago Mercantile Exchange April live cattle futures settled up 0.15 cent at 123.1 cents/lb., while June […] Read more


CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle end firm, led by rising beef prices

Lean hog futures edge higher

Chicago | Reuters — U.S. live cattle futures closed higher on Monday as support from strong wholesale beef prices and expectations of firm cash cattle prices overshadowed pressure from bearish data in a monthly cattle report released late Friday, traders said. Chicago Mercantile Exchange April live cattle futures settled up 0.425 cent at 122.95 cents/lb. […] Read more




CME April 2021 lean hogs with 20- and 100-day moving averages plus CBOT May 2021 corn (yellow line). (Barchart)

U.S. livestock: Lean hogs climb on falling grain futures

April live cattle close lower

Chicago | Reuters — CME Group lean hog futures climbed Wednesday, supported by lower feed grain futures and expectations the U.S. herd will shrink moving into the spring, traders said. CME’s most-active April lean hogs added 1.65 cents to close at 73.075 cents/lb., while the spot February contract strengthened 1.95 cents to end at 68.425 […] Read more


CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures strengthen ahead of USDA report

CME lean hogs dip nearer cash index level

Chicago | Reuters — CME Group live cattle futures gained on Tuesday as traders began positioning ahead of Friday’s monthly Cattle on Feed report from the U.S. Department of Agriculture, traders said. Feeder cattle futures also rose, supported by weaker feed grain futures. Lean hog futures declined after gaining on Friday as futures look to […] Read more

File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)

China’s 2020 pork output higher than expected

Reported slowing of ASF-induced decline beats expectations

Beijing | Reuters — China’s pork output posted significant signals toward recovery last year after the sector was decimated by an incurable hog disease in 2019, official data showed Monday. China’s 2020 pork output fell 3.3 per cent from a year earlier, to 41.13 million tonnes, after plunging 21 per cent in 2019, the National […] Read more


The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

USDA unveils more COVID-19 aid, mostly for livestock farmers

Funds earmarked for farmers under contract

Chicago | Reuters — The U.S. Department of Agriculture said on Friday it will pay an additional US$2.3 billion in COVID-19 aid to farmers, directing more money to livestock producers suffering from disruptions in slaughtering and restaurant demand for meat. The aid, which comes from money allocated to USDA from previous pandemic stimulus legislation, follows […] Read more