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

U.S. livestock: Live cattle hit lowest price since June under supply pressure

December lean hogs close up off recent low

Chicago | Reuters — U.S. live cattle futures fell on Monday, with the most-active contract touching its lowest price since June under pressure from a larger-than-expected number of cattle on feed in the United States, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 11.7 […] Read more

CME December 2020 live cattle (candlesticks) and January 2021 feeder cattle (red line). (Barchart)

U.S. livestock: Hog, live cattle futures up on bargain buying

USDA Cattle on Feed data tops expectations

Chicago | Reuters –– Chicago Mercantile Exchange lean hog and live cattle futures rose on Friday on some bargain buying ahead of the weekend. Hog futures snapped a three-session losing streak, the longest for the December contract in five weeks, while live cattle rebounded from its lowest since June 29. CME December lean hogs rose […] Read more



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

U.S. livestock: Cattle futures rise on supply concerns

CME lean hog futures down

Chicago | Reuters — Live cattle futures rose to their highest in more than a month on Thursday, supported by signs of a stabilizing cash market and concerns about tight supplies in the coming months, traders said. “The feedlots believe… that we have a marketing hole for most of October into December,” Don Roose, president […] Read more


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

U.S. livestock: Live cattle futures up ahead of USDA report

Hogs also up ahead of separate USDA data

Chicago | Reuters — U.S. live cattle futures gained on Wednesday, as traders weighed continued strong slaughter rates against expectations for higher placements in the U.S. Department of Agriculture’s end-of-week Cattle on Feed report. “The beef market looks like it’s possibly stabilizing, and that should be supportive for cattle prices in the near term,” said […] Read more

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

U.S. livestock: Hog futures gain on export optimism

CME cattle down ahead of USDA report

Chicago | Reuters — U.S. lean hog futures markets climbed on Tuesday on optimism over China’s continued purchases of U.S. grains, traders said. Exporters sold 266,000 tonnes of U.S. soybeans to China and 264,000 tonnes to unknown destinations, the U.S. Department of Agriculture reported on Tuesday, marking the 13th consecutive business day of sales to […] 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 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures firm on wholesale strength

Hogs up as slaughter outpaces year-earlier period

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday as boxed beef prices offered support ahead of the upcoming holiday weekend, traders said. “It’s the main week for retailers to lock up their Labour Day supplies. That’s kept a floor under the cash market,” said Alan Brugler, president of Brugler Marketing. […] Read more