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GFM Network News

  • Photo: JHVEPhoto/Getty Images Plus

    U.S. grains: Soybeans, corn fall on harvest pressure

    15 hours ago
  • Photo: Geralyn Wichers

    U.S. livestock: Hog futures slide in technical correction

    15 hours ago
  • National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

    16 hours ago
More News →

Tag Archives CME


U.S. livestock: Warming weather, easing feed costs spur rallies
Livestock, Markets, Reuters

U.S. livestock: Warming weather, easing feed costs spur rallies

By GFM Network News June 4, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures rebounded on Tuesday as traders hoped that feed costs will remain under pressure following news U.S. buyers are importing corn from South America. Both live cattle and lean hog futures also rose amid a rally in the U.S. stock market and forecasts of warming […] Read more

CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Trade fights continue to batter live cattle, lean hogs

By GFM Network News June 3, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and lean hog futures fell for a second trading day on Monday — with live cattle futures hitting a near-10 month low — amid robust supplies and trade fights quelling export demand, traders said. But trade issues helped feeder cattle futures settle the day slightly […] Read more


CME August 2019 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog, cattle futures fall after Trump opens new front in trade war

By GFM Network News May 31, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s proposal to impose tariffs on imports from Mexico. The fresh trade concerns, coming at a time when U.S. supplies of both […] Read more

CME August 2019 feeder cattle, with CBOT July 2019 corn (orange line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures fall as corn rally boosts feeding costs

By GFM Network News May 30, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed mostly lower on Thursday, with a rally in the corn market pressuring livestock contracts, traders said. “It had a lot to do with corn going up,” said Doug Houghton, an analyst with Brock Associates Inc. “Feed costs are higher.” Feeder cattle futures notched […] Read more


CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm as cash market steadies

By GFM Network News May 29, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by a steadying cash market, traders said. Cash cattle traded at $115 in Kansas on Tuesday (all figures US$). That was unchanged from a week earlier and came after five straight weeks of declines, said Rich Nelson, chief strategist with Allendale Inc. […] Read more

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall with demand uncertain due to trade fights

By GFM Network News May 28, 2019
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell 2.9 per cent to their lowest level in nearly three weeks on Tuesday, with concerns about demand from top buyers in focus amid a record-large supply in the U.S., traders said. The market shrugged off a U.S. Agriculture Department report from last week that […] Read more


CME July 2019 lean hog futures with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit down on continued export uncertainty

By GFM Network News May 24, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Friday on weak pork prices and concerns about export demand as trade tensions have increased between the U.S. and China, the world’s largest hog and pork market. Traders squared positions ahead of the long Memorial Day holiday weekend due to the […] Read more

(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Hogs mixed as trade war anxiety overshadows export data

By GFM Network News May 23, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures traded on both sides of previous levels on Thursday and closed mixed as the market weighed ample hog supplies against some signs of improved pork export demand. Hog traders were encouraged by large pork purchases by China and Mexico in weekly U.S. Department of […] Read more


(Kelli Jo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures erode on China trade tensions

By GFM Network News May 22, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures drifted lower on Wednesday and touched a one-week low as the market was pressured by concerns that the U.S.-China trade war is far from resolution. Traders did not expect any significant Chinese buying of U.S. pork in weekly export sales data due to be […] Read more

U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand
Livestock, Markets, Reuters, Weather

U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand

By GFM Network News May 21, 2019
Chicago | Reuters — U.S. live cattle and lean hog futures on the Chicago Mercantile Exchange (CME) closed mostly lower on Tuesday as both markets were pressured by worries that wet weather around large parts of the country would disrupt demand for pork and beef. Above-normal rains are expected across much of the western and […] Read more


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