(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle climb on technical buying, demand optimism

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week. […] Read more













CME February 2019 lean hogs, with 50-day moving average. (Barchart)

U.S. livestock: Lean hogs sag on technical selling, soft cash

Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, with the benchmark February contract declining for a third straight session on technical selling and weak cash values, traders said. Chicago Mercantile Exchange February lean hog futures settled down 0.55 cent at 64.5 cents/lb. after the contract dipped below its 50-day moving […] Read more