CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle hit multi-week highs on flat to higher cash trade expectations

Chicago | Reuters — U.S. live cattle futures touched six-week highs and feeder cattle exceeded seven-week highs on Tuesday as traders projected cash prices will remain steady or rise, after strengthening last week. Feeder cattle are trading above where they were before a fire at a Tyson Foods slaughterhouse last month removed a key buyer […] Read more








CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hogs fall from gains as cash prices ease

Chicago | Reuters — U.S. lean hog futures tumbled on Tuesday, with the most-active contract dropping by the daily maximum, due to weak cash prices and technical selling, traders said. Pork cutout values eased for carcasses, loins, bellies and other products, according to U.S. Department of Agriculture estimates. December lean hog futures dropped the daily […] Read more