Chicago Mercantile Exchange cattle futures were mostly sharply lower on Thursday as traders sold off or shifted their positions ahead of a series of key government reports, analysts said.
Tag Archives hogs
U.S. livestock: CME cattle futures face renewed pressure
Lean hog futures ended the day mixed
U.S. livestock: Cattle futures firm on hopes of higher cash prices
The trade is expecting a smaller hog herd, Reuters survey shows
Chicago Mercantile Exchange cattle futures firmed on Wednesday amid technical trading, weakness in U.S. corn futures and hopes of higher cash prices next week as packers close out the year, analysts said.
U.S. livestock: CME cattle futures fall on technical trading ahead of reports
Lean hog futures also ended the day lower
Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.
U.S. livestock: Cattle extend advances on technical buying, firm equities
Lean hogs end slightly down after early jump
Chicago Mercantile Exchange live cattle and feeder cattle futures closed higher on Monday on technical buying and support from firmer equities, analysts said.
U.S. livestock: CME hogs, cattle close at highest levels since November
Gains in the stock market supported livestock futures, analyst says
Chicago | Reuters -- Chicago Mercantile Exchange hog and cattle futures closed at their highest levels since November on Friday as short covering lifted the livestock markets, traders said.
U.S. livestock: CME lean hogs jump following recent slide
Live cattle futures have bounced a bit after sinking last week to a 14-month low
Lean hog futures climbed at Chicago Mercantile Exchange on Thursday as the market rebounded from recent losses amid short covering and hopes that cash prices may have reached a bottom, analysts said.
U.S. livestock: CME hogs decline further as cattle face renewed pressure
"I think we're still trying to hunt for a bottom": analyst
Chicago Mercantile Exchange lean hog futures extended a slump, as live cattle futures came under renewed pressure with broad selling hitting agricultural markets on Wednesday.
U.S. livestock: CME cattle rise with boxed beef prices, bounce from recent decline
CME lean hogs hit lowest price since Nov. 28 contract low
Chicago | Reuters -- Chicago Mercantile Exchange live cattle futures advanced on Monday as wholesale beef prices increased and the market rebounded from a 2% slide last week, brokers said.
CME cattle futures rout continues; hogs end lower
Despite small U.S. herd, placement into feedlots have been above last year's levels
Live cattle futures on the Chicago Mercantile Exchange dropped on Thursday to fresh multi-month lows on technical selling and weak beef prices at a time when feedlot supplies of market-ready cattle are rising, analysts said.
Smithfield Foods ends contracts with 26 US pig farms, citing oversupply
American pork producers have been losing money as pig prices, consumer demand bump against high costs
Smithfield Foods said it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest pork processor in the face of an industry oversupply.
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