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Tag Archives live cattle

CME August 2019 feeder cattle, with CBOT July 2019 corn (orange line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures fall as corn rally boosts feeding costs

By GFM Network News May 30, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed mostly lower on Thursday, with a rally in the corn market pressuring livestock contracts, traders said. “It had a lot to do with corn going up,” said Doug Houghton, an analyst with Brock Associates Inc. “Feed costs are higher.” Feeder cattle futures notched […] Read more

CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm as cash market steadies

By GFM Network News May 29, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by a steadying cash market, traders said. Cash cattle traded at $115 in Kansas on Tuesday (all figures US$). That was unchanged from a week earlier and came after five straight weeks of declines, said Rich Nelson, chief strategist with Allendale Inc. […] Read more


CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall with demand uncertain due to trade fights

By GFM Network News May 28, 2019
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell 2.9 per cent to their lowest level in nearly three weeks on Tuesday, with concerns about demand from top buyers in focus amid a record-large supply in the U.S., traders said. The market shrugged off a U.S. Agriculture Department report from last week that […] Read more

CME July 2019 lean hog futures with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit down on continued export uncertainty

By GFM Network News May 24, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Friday on weak pork prices and concerns about export demand as trade tensions have increased between the U.S. and China, the world’s largest hog and pork market. Traders squared positions ahead of the long Memorial Day holiday weekend due to the […] Read more


(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Hogs mixed as trade war anxiety overshadows export data

By GFM Network News May 23, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures traded on both sides of previous levels on Thursday and closed mixed as the market weighed ample hog supplies against some signs of improved pork export demand. Hog traders were encouraged by large pork purchases by China and Mexico in weekly U.S. Department of […] Read more

(Kelli Jo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures erode on China trade tensions

By GFM Network News May 22, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures drifted lower on Wednesday and touched a one-week low as the market was pressured by concerns that the U.S.-China trade war is far from resolution. Traders did not expect any significant Chinese buying of U.S. pork in weekly export sales data due to be […] Read more


U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand
Livestock, Markets, Reuters, Weather

U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand

By GFM Network News May 21, 2019
Chicago | Reuters — U.S. live cattle and lean hog futures on the Chicago Mercantile Exchange (CME) closed mostly lower on Tuesday as both markets were pressured by worries that wet weather around large parts of the country would disrupt demand for pork and beef. Above-normal rains are expected across much of the western and […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs end mixed as market assesses trade battles

By GFM Network News May 20, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) closed mixed on Monday as traders weighed positive news of easing trade tensions with Mexico and Canada against signs that trade ties with China are worsening. The U.S. struck deals last week to lift tariffs on steel and aluminum imports from […] Read more


U.S. livestock: Lean hogs up as swine fever fuels export hopes
Livestock, Markets, Reuters

U.S. livestock: Lean hogs up as swine fever fuels export hopes

By Julie Ingwersen, GFM Network News May 15, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) rose for a second day on Wednesday, supported by expectations of increased demand for U.S. pork as African swine fever spreads in China’s hog herd and elsewhere, traders said. “The African swine fever news and talk was everywhere today,” said Dennis […] Read more

CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures bounce, cattle end lower

By GFM Network News May 14, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday in a technical rebound after Monday’s limit-down close, with firm cash hog values lending support, traders said. Technical traders were encouraged that the benchmark June hog contract was able to hold above Monday’s low, a supportive chart […] Read more


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