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

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)

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

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 courtesy Canada Beef Inc.)

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

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

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle, hog futures lower on weaker cash markets

Chicago | Reuters – Cattle and hog futures were mostly lower on the Chicago Mercantile Exchange on Friday, weighed down by spreading and weaker prices in cash markets for the animals, traders said. Cash hog prices have declined two days in a row in the top Iowa and Minnesota market, according to the U.S. Department […] Read more


Photo: Canada Beef Inc.

U.S. livestock: Cattle futures climb on higher beef prices; hogs mixed

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures edged higher on Thursday, as rising wholesale beef prices stoked hopes that meat packers would pay more for cattle in cash markets this week, traders said. Cattle futures rebounded from early declines to reach the day’s highs after government data showed steep gains in beef […] Read more

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U.S. livestock: Nearby live cattle futures jump on short covering, positioning

Chicago | Reuters – Live cattle futures rallied on month-end short covering and position squaring on Wednesday, with the nearby contract hitting its highest price in almost eight months, traders said. Front-month CME October live cattle settled up 1.950 cent at 115.850 cents per pound and reached its highest price since March 6. Most-active December […] Read more


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U.S. livestock: Cattle futures fall on concerns over increasing supplies

Chicago | Reuters – Live cattle futures dropped to their lowest prices in more than a week on Tuesday and feeder cattle futures fell to seven-week lows on worries about increasing U.S. supplies, analysts said. Feedlots were offering to sell some 5,000 more cattle than a week ago, said Rich Nelson, chief strategist for Illinois-based […] Read more



Photo: Canada Beef Inc.

U.S. livestock: Live cattle slip from 3-week high in technical setback

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures dropped on Thursday in a technical-selling and profit-taking setback after scaling to three-week highs the previous day. Strengthening cash beef prices and government data showing smaller-than-expected cattle supplies at feedlots had supported the market earlier this week. “Coming out of the cattle on feed report, […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Lean hogs end limit-up on African swine fever jitters

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures surged on Wednesday as concerns about the spread of African swine fever, particularly in China, fueled buying that took some contracts up by as much as their daily trading limits. Additional support in actively traded December futures stemmed from the contract’s discount to cash hog […] Read more