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Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures drop most since June on weaker cash market

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell more than 1 percent on Friday, sagging under pressure from lower wholesale beef prices and slightly weaker trades in cash cattle markets in the southern Plains, traders said. Front-month December live cattle settled 1.975 cents lower at 114.575 cents per pound. The contract finished […] Read more
File photo
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures gain on technical buying; hogs lower

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Chicago | Reuters – U.S. cattle futures were narrowly higher on Thursday, buoyed by spreading and technical buying despite a downturn in wholesale beef prices, traders and analysts said. Live cattle futures climbed for the third straight session on the Chicago Mercantile Exchange as the market continued to claw back from steep losses on Monday. […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Corn ends higher as USDA tightens domestic stocks forecast

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Chicago | Reuters – U.S. corn futures closed modestly higher on Thursday after the U.S. Department of Agriculture (USDA) lowered its estimates of corn yield, production and ending stocks more than most analysts expected, traders said. Soybean futures fell after the USDA slashed its U.S. soy export forecast, but pared losses toward the close. Wheat […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures rebound from 2-week low on short-covering

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures were mostly higher on Wednesday, rebounding from an early two-week low on support from calendar spreading and short-covering, traders and analysts said. But excessive hog supplies and increased pork production made the market vulnerable to further declines, with weaker prices for wholesale pork signaling a […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures tumble on ample supplies, weak cash market

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Chicago | Reuters – Chicago lean hog futures fell as much as 5 percent on Tuesday, under pressure from abundant supplies and weaker prices in the Midwestern cash hog market, traders and analysts said. Front-month December hog futures eased by the most since July, settling down the 3.000-cent daily price limit at 54.100 cents per […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Wheat firms as crop ratings decline; soy, corn sag a bit

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Chicago | Reuters – U.S. wheat futures touched a one-week high on Tuesday on light short-covering and worries about declining U.S. crop condition ratings, analysts said. Corn futures ended down after a choppy session and soybeans drifted lower as traders awaited direction from the outcome of U.S. congressional elections and monthly U.S. supply/demand reports due […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures tumble on demand worries, spreading

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Chicago | Reuters – Live cattle futures fell to a roughly 1-1/2-month low on Monday, sagging on worries of reduced demand for beef and cattle in cash markets, traders said. Calendar spreading across Chicago Mercantile Exchange livestock futures also contributed to declines. Traders were exiting front-month positions and rolling into deferred months, resulting in bear-spreading […] Read more

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