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Tag Archives cattle


CME live cattle LEJ24 on Jan. 17, 2024, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter

Lean hogs ended slightly up after early plunge

By Reuters, Tom Polansek, GFM Network News January 17, 2024
Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.

Live cattle LEG24 on Jan. 12, with 20-day moving average. (Barchart)
Markets, Reuters

U.S. livestock: live cattle, lean hogs fall amid weather, demand woes

Feeder cattle firmed amid dropping corn futures

By Reuters, GFM Network News January 12, 2024
Chicago Mercantile Exchange lean hog and live cattle futures were mostly down on Friday as concerns about winter weather and sluggish export demand had some investors shedding their positions.


Photo: File
Markets, Reuters

U.S. livestock: Cattle futures rise as icy weather threatens US herds

Lean hog futures also finished higher

By Reuters, Tom Polansek, GFM Network News January 11, 2024
Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.

Markets, Reuters

U.S. livestock: Live cattle dip in nearby contract; US beef plants reopen

Deferred live cattle futures and feeder cattle futures finished stronger

By Reuters, Tom Polansek, GFM Network News January 10, 2024
Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.


Live cattle LEG24 on Jan. 8, 2024, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. livestock: CME live cattle retreat from one-month high, traders eye US weather

Lean hogs rose on hopes that U.S. cash prices had reached bottom

By Reuters, Tom Polansek, GFM Network News January 9, 2024
Live cattle futures on Monday rose to their highest level in more than a month before retreating as traders waited to see the impact of wintry weather on livestock in the central U.S.

Lean hogs HEG24 on Jan. 5 with Bollinger. (Barchart)
Markets, Reuters

U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week

Live cattle slipped somewhat but ended the week up 1.2 per cent

By Reuters, Tom Polansek, GFM Network News January 5, 2024
Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.


Lean hogs HEG24 on Jan. 3 with 20, 50 and 100-day moving averages. (Barchart)
Markets, Reuters

U.S. livestock: Lean hogs finish weaker, set another contract low

Packers losing money processing beef due to tight supply

By Reuters, Tom Polansek, GFM Network News January 3, 2024
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.

Live cattle LEG24 on Jan. 2 with 20 and 50-day moving averages. (Barchart)
Markets, Reuters

U.S. livestock: CME cattle hit November highs as lean hogs set contract lows

Large supplies of hogs continue to pressure futures, analysts said

By Reuters, Tom Polansek, GFM Network News January 2, 2024
Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.


Lean hogs LEG24 as of Dec. 29. (Barchart)
Markets, Reuters

U.S. livestock: CME cattle, lean hog futures mixed to lower

China's beef purchases supports live cattle

By Reuters, GFM Network News December 29, 2023
Chicago Mercantile Exchange (CME) livestock futures were mostly mixed to lower on Friday, on limited technical trading and less-than-robust beef export news ahead of the New Year's holiday.

CME live cattle futures LEG24 on Dec. 28 with moving averages for 20, 50 and 100 days. (Barchart)
Markets, Reuters

U.S. livestock: CME cattle, lean hog futures weighed by demand questions

Plains blizzards and cold winter weather stressed animals and impacted weight gain

By Reuters, GFM Network News December 28, 2023
Chicago Mercantile Exchange (CME) livestock futures mostly ended lower on Thursday, as a sluggish cash market weighed on nearly all cattle markets and hog traders continued to wrestle with concerns about demand for hefty pork supplies, analysts said.


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