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U.S. livestock: Hog futures fall as soy prices rally

Aug. 23, 2022 at 4:12 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange hog futures fell on Tuesday, with strength in the soymeal market raising the prospects of increased feeding costs. Feeder cattle contracts were also weaker due to strong corn prices while live cattle edged higher on light technical buying. CME October lean hogs LHV2 fell 1.075 […]

Klassen: Stronger fed market supports feeder complex

Aug. 23, 2022 at 7:25 am CDT

By Jerry Klassen

U.S. livestock: Hog futures firm after hitting six-week low

Aug. 22, 2022 at 4:31 pm CDT

By Reuters

U.S. livestock: CME lean hogs slip

Aug. 19, 2022 at 5:07 pm CDT

By P.J. Huffstutter

U.S. livestock: CME lean hogs fall on weak exports

Aug. 18, 2022 at 5:11 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle firm, drought accelerates selling

Aug. 17, 2022 at 5:59 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed on Wednesday, underpinned as ranchers move up placements of calves amid drought conditions across the southern U.S. Plains, analysts said. “The fall-weaned calves are starting to come through,” said Austin Schroeder, commodity analyst at Brugler Marketing. “Placements have been […]

By Christopher Walljasper

Klassen: Hot demand sustains yearling market

Aug. 16, 2022 at 6:43 pm CDT

Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged. Heavier calves over 700 lbs. were quoted $2-$4 higher on average. Calves under 700 lbs. were quite variable. There were limited numbers on offer in the lighter weight categories and the market remains in price […]

By Jerry Klassen

U.S. livestock: CME live cattle, feeder cattle set multi-month highs

Aug. 16, 2022 at 6:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rose to their highest level since April on concerns about tightening livestock supplies, analysts said. Feeder cattle futures hit a February high, while lean hog futures fell to their lowest level in more than a week. The U.S. […]

By Tom Polansek

U.S. livestock: Lean hogs firm on cash strength

Aug. 15, 2022 at 7:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed on Monday, supported by unseasonably strong cash hog prices and firm pork cutouts. “The futures are well-discount to the cash,” said Doug Houghton, technical analyst at Brock Capital Management. “The longer that gap stays there, the more likely it […]

By Christopher Walljasper

U.S. livestock: Lean hog, live cattle futures down on profit-taking

Aug. 12, 2022 at 7:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Friday on cooling wholesale pork prices and profit-taking at week’s end, a day after the benchmark October contract set a life-of-contract high. Cattle futures also set back on profit-taking, but the most-active October live cattle contract posted […]

By Julie Ingwersen