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

U.S. livestock: Cattle futures limit up as beef prices surge

Hog futures also limit up, following cattle higher

Chicago | Reuters — U.S. live cattle futures rose their daily limit on Monday, lifted by strong packer margins, rising wholesale beef prices and expectations of higher cash cattle prices this week after Tyson Foods said it would pay producers a one-time premium, traders said. Benchmark June live cattle futures on the Chicago Mercantile Exchange […] Read more



CME April 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs, cattle limit down on coronavirus fears

Chicago | Reuters — U.S. lean hog futures fell their expanded daily limit on Friday on fears that the coronavirus pandemic could curb consumer demand for meat and threaten the workforce at slaughterhouses, traders said. “The germophobia is in full force,” said Don Roose, president of Iowa-based U.S. Commodities. Traders are considering that more widespread […] Read more

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

U.S. livestock: Wall Street leads CME cattle, hogs limit down

'You are developing a demand problem'

Chicago | Reuters — U.S. live cattle and feeder cattle futures plunged their daily limit on Thursday, dragged down by another steep sell-off on Wall Street, fears of a global recession and continued uncertainty about consumer demand for meat, traders said. Chicago Mercantile Exchange April live cattle contract settled down its three-cent limit at 100.075 […] Read more






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

U.S. livestock: CME cattle, hogs rise with equities

Livestock futures await export sales data

Chicago | Reuters — U.S. livestock futures strengthened on Wednesday as gains in financial markets helped fuel a recovery from contract lows reached last week in the live cattle market. Live cattle futures have been looking to equity markets for direction as uncertainty about the impact of the coronavirus epidemic has fueled swings in stock […] Read more



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

U.S. livestock: CME cattle rise in recovery from contract lows

Hogs close mixed as China uncertainty looms

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday recovered from contract lows reached last week as concerns temporarily eased about the economic impact from the global coronavirus outbreak. Equity markets also rose on speculation that central banks will cut interest rates to soften the economic blow of the epidemic. “The market […] Read more