Live cattle futures were lifted by expectations of herd expansion slowing.  Photo: File

U.S. livestock: Cattle futures rally on corn futures slump

Chicago | Reuters – Chicago Mercantile Exchange (CME) feeder cattle futures inched upward on Monday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. Meanwhile, lean hog futures faced choppy trading on Monday as the market wrestles with continued expectations for – but no clear signs yet […] Read more








CME October 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle sag as traders eye lower boxed-beef prices

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended mostly lower on Monday as weak boxed beef prices fueled concerns about increasing supplies. Select-grade boxed beef was $189.21/cwt on Monday afternoon, down 2.7 per cent from a week ago, according to U.S. Department of Agriculture data issued after the close of trading […] Read more



CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs end lower

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell about three per cent on Thursday on sluggish cash markets, traders said, retreating after a two-session surge that lifted the August contract to a near-three-week high a day earlier. CME August lean hogs settled down 2.55 cents at 79.175 cents/lb., one day after […] Read more