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U.S. livestock: Strong cash prices lift CME hogs

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday shrugged off some of Tuesday’s declines, helped by short-covering and rising prices for slaughter-ready, or cash, hogs, said traders. December futures led advances after investors bought that contract and simultaneously sold deferred months in a trading strategy known as bull spreads. Fund buying developed […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market surges

Western Canadian feeder cattle markets experienced a precipitous bounce over the past week. Compared to seven days earlier, yearling traded $4-$6 higher; calf markets were trading $3 to as much as $10 above week-ago levels; prices for feather-light bawlers surged with 300- to 400-pounders touching the magical $300 level in some areas. Optimal weather enhanced […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle mostly weaker on consolidation

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts landed in modestly bearish territory on Friday amid pre-weekend consolidation after investors digested this week’s cash prices, said traders. “The market is priced right with this week’s cash. We’ll wait until next week to see if packers are short on supplies or need cattle,” […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle slump, cash prices disappoint

Chicago | Reuters –– Chicago Mercantile Exchange live cattle on Thursday reversed some of their recent gains, pressured by profit-taking following this week’s initial cash prices that fell short of expectations, said traders. To avoid cattle deliveries, some investors sold the October contract either outright or simultaneously bought deferred months in a trading strategy known […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs rise on stronger cash markets

Chicago | Reuters — Chicago Mercantile Exchange lean hogs climbed for the second straight session on Wednesday, buoyed by short-covering and rising cash hog prices, traders and analysts said. Live cattle and feeder cattle futures each were little-changed in relatively light-volume trading in livestock futures ahead of a U.S. Department of Agriculture monthly grain supply […] Read more




(CMEGroup.com)

U.S. livestock: Hog futures plunge on spreading, cash markets

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures tumbled by about three per cent on Friday, weighed down by spreading and abundant supplies that pressured cash markets, traders said. Front-month October and most-active December hogs bore the brunt on the selling, while deferred hog contracts were only narrowly lower. CME October hogs dropped […] Read more