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Tag Archives CME

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle and hog futures up on strong wholesale prices

By Heather Schlitz, Reuters July 12, 2024
Chicago Mercantile Exchange (CME) live and feeder cattle futures bounced on Friday as strong cash prices buoyed futures markets, traders said.

Photo: iStock/Getty Images
Markets, Reuters

U.S. livestock: Lean hogs, feeder cattle turn higher on bargain buying

By Heather Schlitz, Reuters July 11, 2024
Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.


Photo: iStock/File
Markets, Reuters

U.S. livestock: Hog futures close down the daily limit on oversupply

By Heather Schlitz, Reuters July 10, 2024
CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures lower on dip in consumer demand

By Heather Schlitz, Reuters July 9, 2024
CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs mostly down on demand questions

By P.J. Huffstutter, Reuters July 8, 2024
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.

(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Live cattle futures continue rally on steady demand

By Heather Schlitz, Reuters July 5, 2024
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.


(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle futures end higher in light pre-holiday trade

By Julie Ingwersen, Reuters July 3, 2024
Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.

(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs higher, on month-end positioning

Flooding in Midwest provides some support for hogs as roads, rail lines washed out around processors

By P.J. Huffstutter, Reuters June 28, 2024
Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.


Photo: iStock/Getty Images
Markets, Reuters

U.S. livestock: Hog futures turn lower ahead of USDA hog-pig report

By P.J. Huffstutter, Reuters June 27, 2024
Chicago Mercantile Exchange lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that U.S. farmers had a slightly larger hog herd, traders said.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Livestock futures turn higher on technical trading, Midwest floods

By P.J. Huffstutter, Reuters June 26, 2024
Chicago Mercantile Exchange lean hog futures turned higher on Wednesday as fund investors adjusted their positions and sought short-covering, even as many contracts set new lows for a second trading day, traders said.


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