Chicago Mercantile Exchange feeder cattle futures extended gains to record highs on Wednesday while live cattle futures set a contract high before pulling back.
Tag Archives U.S. livestock
U.S. livestock: Feeder cattle extend rally to new highs
U.S. livestock: Record highs in cattle futures
Cattle futures on the Chicago Mercantile Exchange continued to set new records on Tuesday, as improving packer margins, strong demand and chart-based buying provided support. August feeder cattle futures were up by 5.400 cents per pound at 319.125 cents per pound. The August live cattle contract gained 4.075 cents per pound at 219.975 cents at […] Read more
U.S. livestock: Cattle climb higher out of long weekend
Cattle futures on the Chicago Mercantile Exchange were stronger on Monday, hitting fresh highs in the feeder market after the Independence Day weekend while live cattle lagged to the upside. August feeder cattle futures were up by 4.225 cents per pound at 313.725 cents per pound. The August live cattle contract gained 1.850 cents per […] Read more
U.S. livestock: CME lean hogs drop as pork prices decline, cattle higher
Chicago Mercantile Exchange lean hog futures fell on Thursday on lower cash market prices, while cattle futures posted modest gains despite lower beef values as tight supplies continue to underpin the market, analysts said.
U.S. livestock: Cattle rebound, hogs gain
Chicago cattle futures rebounded on Wednesday after dropping on Tuesday over news the U.S. Department of Agriculture would gradually reopen borders to Mexican cattle imports.
U.S. livestock: Cattle futures climb, hogs fall
Chicago cattle futures rose to start the week while hogs fell back.
U.S. livestock: Cattle futures up on higher wholesale prices, buying interest
Chicago Mercantile Exchange cattle futures ended higher on Friday under support from stronger wholesale boxed beef prices and buying interest, though concerns over waning consumer demand for beef continued to linger over the market, analysts said.
U.S. livestock: Chicago hogs down on USDA report, cattle slightly up
Chicago lean hog contracts dipped as a U.S. Department of Agriculture report showed inventories slightly up. Cattle futures were unchanged to slightly up.
U.S. livestock: CME cattle futures mixed as consumer and retail demand declines
Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as market players weighed waning demand from consumers and retailers while hog futures turned higher, following a seasonal pattern, traders said.
U.S. livestock: Lean hogs tick down on technical selling, cattle mixed
Chicago Mercantile Exchange lean hog futures edged lower on Tuesday on technical selling after setting contract highs in the previous session as traders weighed whether a seasonal peak in cash hog prices has petered out, analysts said.
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