CME October 2020 lean hogs with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Hog futures rise as pork supplies shrink

Texas cash cattle prices down on week

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose to their highest level in nearly three months on Tuesday after government data showed that the reopening of pork plants after a rash of COVID-19 shutdowns had not boosted supplies. Cattle futures were lower, pressured by signs of weakness in the cash markets, traders said. […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures fall as supplies grow more than expected

U.S. frozen pork inventory at nine-year low

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Monday, with the market under pressure from a government report that showed supplies were bigger than expected. The U.S. Agriculture Department’s monthly Cattle on Feed report on Friday afternoon showed July placements at 111 per cent of a year ago, above the average estimate […] Read more


CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle slide ahead of USDA report

Lean hogs pull back from gains

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on profit-taking and positioning ahead of the U.S. Department of Agriculture’s Cattle on Feed report, released after the markets closed. CME lean hog futures also ended lower, correcting after two days of positive movement, as optimism over rising hog slaughter rates strengthened […] Read more

CME October 2020 lean hogs with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Lean hogs up as slaughter pace reaches pre-COVID levels

Pre-Labour Day buying winds down

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Thursday as slaughter rates returned to levels not seen since processing plants closed from COVID-19 outbreaks among workers this spring. Live cattle futures fell as pre-Labour Day buying wound down and the industry awaited Friday’s monthly Cattle on Feed report from the U.S. […] Read more


CME October 2020 lean hogs with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Lean hog futures pull back on shaky demand

CME October live cattle remain flat

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slid on Tuesday as traders eyed large seasonal hog supplies against uncertain domestic consumption and weak exports. CME October lean hogs settled 2.1 cents lower at 51.425 cents/lb. (all figures US$). “Supplies are large, and there’s always uncertainty about export demand,” said Doug Houghton, analyst […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle step back after eight-session climb

Hog sector seen having 'curbed expansion'

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures pulled back on Monday in profit taking ahead of the U.S. Department of Agriculture’s Cattle on Feed report at the end of the week, traders said. Live cattle fell for the first day after eight sessions of gains. The pullback reflects uncertainty about the USDA […] Read more


CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle rise on higher beef prices, grilling demand

CME October hogs also settle higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to advance Friday, supported by increasing beef prices and expectations of continued meat demand going into the Labour Day weekend, traders said. Beef prices usually rise heading into the September holiday, when consumers often barbecue either at home or with family and friends. Beef […] Read more

CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle gain as slaughter rates, beef exports rise

October lean hogs up three-quarters of a cent

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to rally Thursday, holding to a nearly six-month peak in prices, as exports to China also grew, traders said. China was a big buyer of U.S. beef in the latest week, with sales of 1,927 tonnes for the period through Aug. 6, the most […] Read more


CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle set five-month high, beef prices rise more

USDA cuts pork production forecast

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to a five-month high on Wednesday and feeder cattle futures neared a six-month peak as boxed beef prices continued to rise. Meatpackers are paying more for cattle due to the strength of the beef market, traders said. Prices typically rise heading into Labour Day, […] Read more

CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures rise with U.S. beef prices

Chicago lean hogs retreat

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures advanced on Tuesday, supported by increasing beef prices, traders said. Beef prices usually rise heading into Labour Day, and there is a feeling the market has bottomed after recent volatility, said Don Roose, president of Iowa-based broker U.S. Commodities. Prices for choice cuts of boxed […] Read more