Photo: File

U.S. livestock: Cattle futures rise on better beef packer demand

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose sharply on Friday, lifted by better demand from beef packers who were bidding more aggressively to buy steers in cash markets, traders and analysts said. Technical buying also supported cattle futures, which broke out of a relatively narrow trade that had defined the market […] Read more



(Deyana Robova photo/iStock/Getty Images)

U.S. livestock: Lower cash, pork prices send CME hog futures lower

Chicago | Reuters – Chicago Mercantile Exchange hogs closed lower for a third straight day on Thursday, posting new lows for the contract, following downward-trending prices for market-ready, or cash hogs and wholesale pork values, traders said. Plentiful hog supplies and some plants shutting down temporarily to perform routine maintenance, which is typical this time […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Feeder cattle jump as corn costs decline; hogs extend losses

Chicago | Reuters – U.S. cattle futures jumped over 1 percent on Wednesday, with feeder cattle prices leading the way higher after corn futures fell, traders and analysts said. Feed costs are a top expense for fattening cattle and Chicago Mercantile Exchange feeder cattle surged as corn futures turned lower from a roughly 1-1/2 month […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hog futures tumble with pork belly prices, despite China hopes

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell sharply on Tuesday, weighed down by ample supplies and tumbling prices for pork bellies that are used for bacon, traders said. Front-month August lean hogs fell 2.175 cents to 61.125 cents per pound, dropping to a life-of-contract low for the fourth consecutive session. Most-active […] Read more



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U.S. livestock: Cattle futures lower after weaker cash trades, hogs mixed

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures edged lower on Monday, under pressure from weaker trades in U.S. Plains cash cattle markets that occurred after futures markets closed late on Friday, traders and analysts said. Feeder cattle futures also eased, tracking declines in the more actively traded live cattle market, while lean […] Read more