CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hogs, live cattle gain against cash markets

Cold storage meat supplies down slightly, USDA says

Chicago | Reuters — U.S. live hog futures gained on Thursday on short-covering as contracts strengthened against cash markets, traders said. CME live cattle futures firmed, while feeder cattle dipped ahead of Friday’s U.S. Department of Agriculture cattle on feed report. The nearby CME June lean hogs gained 2.475 cents, to 59.35 cents/lb., while the […] Read more

CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures slip as slaughter rises

CME lean hog futures firm

Chicago | Reuters — U.S. live cattle futures fell on Wednesday, as cattle continue to back up, despite slaughter plants’ coming back online, traders said. CME lean hog futures firmed despite rising kill numbers, as social distancing rules in plants keep slaughter below normal rates. The nearby CME June live cattle futures contract settled down […] Read more


CME July 2020 lean hogs with 20-, 50- and 100-day moving average. (Barchart)

U.S. livestock: Hog futures fall

Live cattle futures firm while slaughter numbers rise

Chicago | Reuters — U.S. hog futures fell on Tuesday, pressured by an increase in daily slaughter totals as pork plants come back online, traders said. CME live cattle futures firmed despite rising kill numbers, with the most-actively traded contract passing through a key technical benchmark. The nearby CME June live cattle futures contract settled […] Read more




CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Firm cash market lifts live cattle

Weaker pork prices, supply ideas drag on hogs

Chicago | Reuters — U.S. live cattle futures closed higher on Friday, with the front contract gaining against back months, led by higher cash cattle prices, traders said. Cash cattle traded as high as $120/cwt in the southern Plains on Friday, the U.S. Department of Agriculture said, up from trades a week earlier that ranged […] Read more


CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle end mostly lower as beef prices ease

June hogs up, August lower

Chicago | Reuters — U.S. live cattle futures closed mostly lower on Thursday as wholesale beef prices began to retreat from historic highs as the U.S. slaughter pace improved, generating more meat supplies, analysts said. Chicago Mercantile Exchange (CME) August live cattle futures settled down 1.425 cents at 97 cents/lb. (all figures US$). Front-month June […] Read more

CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hog futures dip after belly prices dive

Cattle down on ideas of beef prices peaking

Chicago | Reuters — U.S. lean hog futures fell on Wednesday on technical selling and signs that wholesale pork prices may have peaked after a massive run-up due to closings at meat-packing plants as COVID-19 sickened workers, traders said. The U.S. pork cutout value fell on Tuesday afternoon by nearly $9/cwt, to $112.82, with pork […] Read more


CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: June live cattle limit up on soaring beef prices

Large supplies of hogs, cattle still loom over futures

Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, with nearby contracts rising the daily maximum, as surging wholesale beef prices and expectations U.S. beef and pork production would drop spurred speculative buying, traders said. Chicago Mercantile Exchange (CME) June live cattle futures settled up 4.5 cents, the expanded daily limit, at […] Read more