CME October 2020 lean hogs with 20- and 50-day moving averages and Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hog futures rise on good cash market demand

October live cattle close lower

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday on signs of strength in the cash market after prices had stagnated, traders said. “Recent price weakness uncovered fresh demand, triggering buying on the board this morning that tripped buy stops, accelerating gains,” StoneX chief commodities economist Arlan Suderman wrote in a note […] Read more



CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures steady as investors eye supplies

October lean hogs close higher

Chicago | Reuters — U.S. cattle futures steadied on Wednesday, with investors unwilling to push the market above recent highs due to plentiful supplies. Some producer hedging also was noted, traders said. “Everybody is a little too bulled up,” said Larry Hicks at Cattlehedging.com. “Everybody thinks we have worked through the supplies and we have […] Read more






CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle futures gain, fall short on the week

Lean hogs slip after three days' gains

Chicago | Reuters — U.S. live cattle futures gained on Friday, after four consecutive days of declines, as traders anticipated the U.S. Department of Agriculture’s monthly Cattle on Feed report. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.475 cent at 101.325 cents/lb. and October live cattle added 0.5 cent to close at […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures ease, demand picture foggy

Hogs up on firmer cash, pork prices

Chicago | Reuters — U.S. live cattle futures fell again Thursday, the fourth consecutive step back after reaching a high not seen since early March. “The rally last week was kind of counter-seasonal. You typically don’t rally the cattle in late July, early August, in the dog days of summer,” said Jeff French, an analyst […] Read more


CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle pull back on demand uncertainty

CME lean hogs strengthen

Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday for a second consecutive session after key contracts reached more-than-four-month highs last week as processors continued to cut into a surplus of market-ready cattle, traders said. Concerns about a piecemeal economic reopening as coronavirus cases flare up across the United States have traders […] Read more