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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures fall; hog futures rise as traders look at cash prices

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell for the second day in a row on Friday, with traders saying that prices were still too high compared to cash market. High prices for corn and wheat that weighed on cattle producers’ profit margins added further pressure. But traders noted the opposite in […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures fall after three days of gains, hogs firm

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday, snapping three sessions of gains on some profit-taking, traders said. Fresh signs of strength in the cash cattle markets had already been priced in, a trader said, and sharply higher prices for grain raised concerns about increased feeding costs. Hog futures were […] Read more
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Crops, Markets, Reuters

U.S. grains: Wheat hits multi-year highs, pull corn higher; soy weak

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Chicago | Reuters – U.S. wheat futures rallied on Thursday to multi-year highs, with gains fueled by concerns about tight global supplies and strong export demand. Winter wheat futures were supported by concerns about the crop conditions and rainy weather in the eastern U.S. Midwest that may have prevented farmers from seeding as much acreage […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn futures rally; pull soybean, wheat prices higher

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Chicago | Reuters – U.S. corn futures on Wednesday rallied 2.5 percent to their highest level in more than two months, supported by signs of robust ethanol production that bolstered demand for the yellow grain, traders said. The strength in corn spilled over into the soybean and wheat markets. “You had humongous ethanol numbers,” said […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit near two-month high as cash markets firm

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose for the third day in a row on Wednesday, nearing a two-month high on signs of improving cash markets. Traders also said a stepped-up pace of slaughter in recent days indicated demand for beef remains high. CME lean hog futures closed lower, with the front-month […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures extend rally; hog contracts weaken

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose to their highest in more than seven weeks on Tuesday, with traders noting follow-through buying after the market rallied on Monday. Concerns about supplies and strength in the cash market underpinned cattle futures. CME December live cattle futures settled up 1.925 cents at 131.45 per […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise on support from fewer cattle placements

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Monday, as the market continued to be bolstered by a government report showing fewer cattle placements than expected, traders said. The USDA’s monthly cattle on feed report, released after the market close on Friday, showed September cattle placements at 97% year-over-year, beneath trade estimates […] Read more

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