CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hog, cattle futures down on profit-taking

Cash hog values seen softer

Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures closed lower on Friday, retreating on a round of profit-taking after the benchmark December contract rose to its highest level in a month. Soft cash hog values, weaker wholesale pork prices and a large weekly hog slaughter added to bearish sentiment. “We’ve had a pretty […] Read more

CME January 2024 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle, hogs soar as U.S. Fed piques investors’ risk appetite

Beef, pork export sales above four-week average

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle and hog futures rose on Thursday following broad strength in Wall Street equities, crude oil and other commodities, as investors’ risk appetite increased a day after the U.S. Federal Reserve kept benchmark interest rates on hold. “The emphasis is really from the ‘risk-on’ macro play, driven […] Read more


CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle firm on cash market optimism

Lean hog futures end lower

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed modestly higher on Wednesday, with the benchmark December contract extending its rebound from a four-month low set last week, buoyed by technical buying and expectations of rising cash cattle prices. Sellers in the Kansas and Texas cash markets were offering slaughter-ready cattle as […] Read more

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ASF compartmentalization moves a step forward

Plan not an attempt to download responsibilities, CFIA says

Canada is one step closer to a compartmentalizing regime that hog farmers and the rest of the industry hope protects them against market impacts of African swine fever. Practical application can be developed now that the Canadian Food Inspection Agency has released its National Standards and National Framework for the Canadian ASF Compartment Program. From […] Read more


CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle rise on hopes for cash prices

Hogs also higher; livestock futures down on month

Chicago | Reuters — Chicago Mercantile Exchange livestock futures crept higher on Tuesday as the cattle markets continued to rebound from multi-month lows reached last week. Expectations for higher cash prices this week and beyond helped to underpin futures, analysts said. Cash prices improved on Friday, compared to the middle of last week. CME October […] Read more

CME December 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle recover off recent slide, eye cash prices

Lean hogs also align with cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped a one-week high on Monday as the market recovered from steep losses last week. Firm prices in the cash market on Friday supported the rebound in futures, brokers said. CME December live cattle futures ended up 1.025 cents at 183.25 cents/lb. (all figures US$). […] Read more


CME January 2024 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME feeder cattle recover off May-level low

Live cattle, lean hogs also higher

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures fell to their lowest level since May on Friday before ending higher, while live cattle recovered from June lows reached earlier this week. Strength in the cash market helped boost futures, traders said. Reports of meatpackers paying $185/cwt in Texas and $186/cwt in Nebraska represented […] Read more

CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle, hogs rebound after recent losses

'Monday's washout was probably a bit overdone'

Chicago | Reuters — Cattle futures jumped at the Chicago Mercantile Exchange on Wednesday, bouncing off June lows hit this week on larger-than-expected U.S. supply numbers. Futures prices collapsed on Monday after the U.S. Department of Agriculture, in a report issued after markets closed on Friday, said that producers placed more cattle than expected into […] Read more


CME February 2024 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures set June lows at CME

Lean hog futures touch contract lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit their lowest levels since June on Tuesday, as the market continued to digest larger-than-expected U.S. supply numbers. The market stabilized, however, after the February contract on Monday tumbled by the exchange-imposed daily trading limit. Trading limits for live cattle will revert back to the […] Read more

CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hog futures hit contract lows

Cattle futures also sag

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell to life-of-contract lows on Friday and cattle futures also retreated, pressured by technical selling and worries that a slowing global economy could hurt demand for meat, traders said. Hog futures fell the most, with the benchmark December contract settling down two cents, […] Read more