Photo: ARS/USDA

U.S. livestock: Hog futures hit contract highs as strong demand fuels rally

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set new contract highs on Friday as strong domestic and export demand, particularly for U.S. pork bellies and ham, drove the market upward, analysts said. Live cattle futures touched a one-month low, while feeder cattle recovered after reaching the lowest price in more than five […] Read more

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U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and […] Read more


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U.S. livestock: Cattle futures rise on technical buying, economic news

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose and feeder cattle touched a two-month high on Friday on technical trading, with stronger-than-expected September jobs data indicating good consumer demand, analysts said. Hog futures touched their highest level in four months before retreating. Benchmark CME December live cattle futures LCZ24 settled up 0.600 cent at […] Read more

A tugboat passes shipping containers being unloaded and stacked on a pier at Port Newark, New Jersey, U.S., November 19, 2021.
 Photo: Reuters/Mike Segar/File

U.S. livestock: CME cattle futures fall as U.S. port strike continues

Chicago | Reuters – Chicago Mercantile Exchange livestock futures fell on technical trading as the session ended on Thursday, according to analysts, after trading both sides earlier in the day. Benchmark CME December live cattle futures LCZ24 settled down 1.300 cents at 186.400 cents per pound. CME November feeder cattle futures FCX24 ended down 0.425 cent at 248.125 cents […] Read more





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U.S. livestock: CME cattle fall as consumers opt for cheaper meats

Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Thursday on renewed worries over inflation-hit consumers’ ability to purchase pricy cuts of meat, traders said. Hog futures also fell on a seasonal lull in prices and a strong supply of heavy hogs. Beef and pork demand has eased […] Read more

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U.S. livestock: CME cattle dip on weak cash market, rising corn prices

Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Wednesday following recent weakness in cash prices and as corn prices sustained a small rally, traders said. Traders also monitored U.S. beef demand. Demand for beef typically weakens after Labor Day, which is considered the last major grilling holiday […] Read more


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U.S. livestock: CME cattle, lean hog futures turn higher as wholesale prices firm

Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, as wholesale prices firmed and the slaughter pace temporarily shrank as some plants shuttered over the holiday weekend, analysts said. Strong boxed beef prices continued to underpin cattle markets, traders said. Select boxed beef prices rose on Tuesday morning, with prices […] Read more

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U.S. livestock: CME cattle fall on rallying corn prices

Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Monday as corn futures rallied following the U.S. Department of Agriculture’s supply and demand report that lowered corn ending stocks, traders said. Meanwhile, hog futures were mixed as bargain buying counterbalanced seasonal price pressure. CME most-active October feeder cattle FCU24 closed down 2.05 cents at […] Read more