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

U.S. livestock: Bargain-buying investors rally cattle futures, again

CME June lean hogs down on day

Chicago | Reuters — U.S. cattle futures surged for a second straight session on Wednesday, as investors kept snapping up deep discounts in futures prices, traders said. Lean hog future prices slipped, as concern continued to mount over a glut of domestic pork supplies and uncertainty on how quickly the U.S. sow herd is shrinking. […] Read more



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

U.S. livestock: Futures surge as investors snap up discounts

June live cattle limit up off Monday's limit-down drop

Chicago | Reuters — U.S. livestock futures surged on Tuesday — with live cattle futures up to their 4.5-cent expanded limit — as steep discounts in futures prices over the current cash markets wooed investors to buy back in, traders said. Feeder cattle also jumped to their normal trading day limits, as the sector overall […] Read more

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

U.S. livestock: Live cattle futures drop as pandemic roils markets

Technical buying lifts hogs, feeder cattle

Chicago | Reuters — U.S. live cattle futures plunged to their daily trading limit on Monday — with prices for the front-month contract hitting the lowest seen since December 2009 — as beef inventories remain robust with much of the U.S. restaurant industry shuttered due to the pandemic. April live cattle were down the 4.5-cent […] Read more


CME April 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hog futures hit 17-1/2-year low

Cattle also sink as virus measures disrupt markets

Chicago | Reuters — U.S. hog futures fell on Friday to the lowest point since late 2002 on tumbling pork prices and slowing slaughter rates as measures to control the COVID-19 coronavirus pandemic shuttered schools and restaurants and sent U.S. unemployment rates soaring. Cattle futures also dropped as wholesale beef and cash feedlot cattle prices […] Read more

CBOT May 2020 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat firms after four-day slide

Corn hits 3-1/2-year low

Chicago | Reuters — U.S. wheat futures rose on Friday, bouncing after a four-day slide, as traders weighed the threat of a deep economic downturn due to the coronavirus epidemic against supply tensions in some exporting countries. Corn extended a six-day drop, with May futures hitting the lowest for a most-active contract since September 2016, […] Read more


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

U.S. livestock: Hog futures drop to 3-1/2 year low

Cattle also limit down on coronavirus pandemic

Chicago | Reuters — U.S. hog futures dropped to a 3-1/2 year low on Thursday while cattle tumbled as recession concerns and surging U.S. unemployment due to the coronavirus pandemic triggered broad liquidation across the battered livestock markets. Both live and feeder cattle and lean hogs dropped by their daily trading limits for a second […] Read more

CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat tumbles on weak export sales, recession fears

Corn, soybeans rise on crude oil rally, but end mixed

Chicago | Reuters — U.S. wheat futures fell for a fourth straight session on Thursday, extending prior-day losses that were the worst in 7-1/2 months as weak U.S. export sales data stoked concerns about the coronavirus pandemic destroying demand. Soybeans and corn ended mixed as early short-covering and spillover support from sharply higher crude oil […] Read more


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

U.S. livestock: Cattle, hogs limit down on coronavirus fears

Market has to 'reevaluate' supply/demand picture

Chicago | Reuters — U.S. livestock futures on the Chicago Mercantile Exchange (CME) plunged by their daily trading limits on Wednesday as stricter coronavirus emergency measures hammered stock markets and deepened worries about a global recession. Live cattle futures dropped for the fourth time in five sessions, erasing all of the prior session’s gains, while […] Read more

CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat posts steepest drop since August

Soy drop biggest in 2-1/2 weeks; corn extends losses on big supply, weak ethanol demand

Chicago | Reuters — U.S. wheat prices fell more than three per cent on Wednesday as coronavirus fears dragged down equities markets and lifted the dollar, sending Chicago wheat futures to their steepest decline in 7-1/2 months. Soybeans fell more than two per cent, the most in 2-1/2 weeks, and most corn contracts posted fresh […] Read more