Insights and Stories on Cattle Futures

Jun. 29, 2022 at 3:53 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, as packers prep for a short processing week after the Fourth of July holiday in the United States, traders said. Packers’ purchases are expected to slow by the end of the week, to avoid having pens full […]

By P.J. Huffstutter

Jun. 28, 2022 at 4:26 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange spot live cattle futures rose on Tuesday, as the northern cash market continued to trade at a record premium over the south amid drought-hit grazing grounds, traders said. But CME’s benchmark August live cattle futures LCQ2 and deferred contracts slipped on worries about the health […]

By P.J. Huffstutter

Jun. 24, 2022 at 4:23 pm CDT

Chicago | Reuters – CME Group hog futures firmed on Friday as traders covered short positions after prices fell 5.6 percent over the last two sessions, though demand concerns capped gains. A U.S. Department of Agriculture (USDA) report showed that pork export sales in the week ended June 16 totalled 27,600 tonnes, […]

By Mark Weinraub

Jun. 23, 2022 at 4:25 pm CDT

Chicago | Reuters – CME Group live cattle and hog futures fell on Thursday, pressured by growing fears of a recession that could cut demand for pricey meats, traders said. Losses accelerated due to fund liquidation as the end of the quarter nears. But feeder cattle futures were firm as […]

By Mark Weinraub

Jun. 22, 2022 at 3:51 pm CDT

Chicago | Reuters – CME Group cattle futures fell on Wednesday, as surprise deliveries in Texas showed that cash market supplies were higher than expected, traders said. Hog futures were lower, snapping a streak of four straight higher closes as traders locked in profits from the market’s move to a […]

By Mark Weinraub