(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME hog futures drop by daily limit in retreat from gains

Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures stumbled on Monday, with technical selling and profit-taking knocking the hog market to its lowest price levels in more than a week. Traders said the market was ready for a setback after most-active October hogs climbed more than 20 per cent from a four-month low […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures end week nearly flat, as hog futures inch up

Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle futures ended the week near previous levels, as funds took some profits on deferred cattle positions and cash trade remained light. Cash cattle prices were steady to up $1 in Iowa and Nebraska on Friday, with prices at $114 to $116, traders said. Meanwhile, hog […] Read more





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