Insights and Stories on Beef

U.S. livestock: CME cattle futures drop on technical selling

Oct. 3, 2023 at 7:51 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Tuesday, pressured by technical selling and demand concerns, traders said. Hog futures notched their third straight losing session as the government’s bigger-than-expected supply report from last week continued to weigh on the market. The benchmark CME December lean hogs […]

U.S. livestock: CME lean hogs extend selloff on supply view

Oct. 2, 2023 at 5:47 pm CDT

By Reuters

U.S. livestock: CME lean hogs limit down on USDA report

Sep. 29, 2023 at 6:35 pm CDT

By Tom Polansek

U.S. livestock: CME lean hogs to face bigger-than-expected herd

Sep. 28, 2023 at 7:30 pm CDT

By Tom Polansek

CME November feeder cattle, Sept. 27, 2023.

U.S. livestock: CME feeder cattle slump to lowest in over a month

Sep. 27, 2023 at 3:59 pm CDT

By Tom Polansek

CME October feeder cattle, Sept. 26, 2023.

U.S. livestock: CME feeder cattle dip to three-week low

Sep. 26, 2023 at 6:20 pm CDT

Chicago | Reuters — Chart-based and fund selling dragged Chicago Mercantile Exchange live cattle futures to their lowest level in more than a week on Tuesday while feeder cattle hit a three-week low, traders said. Most-active lean hog futures also came under pressure. Steep losses on Wall Street set a […]

By Tom Polansek

CME December live cattle, Sept. 25, 2023.

U.S. livestock: CME live cattle slip, but stay near recent highs

Sep. 25, 2023 at 7:52 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Monday as the market pulled back slightly from life-of-contract highs set last week. The markets remain near their peaks as tight U.S. cattle supplies continue to fuel supply concerns. CME October live cattle futures settled 0.1 […]

By Tom Polansek

CME December live cattle, Sept. 22, 2023.

U.S. livestock: CME cattle up on bargain-buying, tight supplies

Sep. 22, 2023 at 7:40 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Friday on tight U.S. cattle supplies and bargain-buying a day after the benchmark December contract hit a one-week low, traders said. CME October live cattle futures settled up 2.1 cents at 187.075 cents/lb. and most-active […]

By Julie Ingwersen

U.S. livestock: December hogs limit-down on pork prices, macroeconomic fears

Sep. 21, 2023 at 7:00 pm CDT

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange tumbled on Thursday as a drop in wholesale pork prices coupled with worries about the global economy sparked a round of profit-taking, analysts said. Livestock futures, grains and Wall Street equity markets all declined on Thursday as the […]

By Julie Ingwersen

CME December 2023 live cattle, Sept. 20, 2023.

U.S. livestock: CME cattle end firm, consolidate below recent highs

Sep. 20, 2023 at 6:51 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday as the market consolidated just below life-of-contract highs touched a day earlier. Tightening U.S. cattle supplies remain a supportive backdrop to the market, but fresh bullish news was lacking, traders said. Wholesale beef prices fell, extending […]

By Julie Ingwersen