Insights and Stories on Cattle Futures

Dec. 28, 2021 at 4:45 pm CST

Chicago | Reuters – Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said. There is an expectation of beef prices continuing to firm and demand be strong going into the first quarter of 2022, said Doug Houghton, […]

By P.J. Huffstutter

Nov. 5, 2021 at 5:30 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished higher on Friday and gained about 1 percent for the week, helped by solid export demand, traders said. Demand from China has been particularly strong, fueled by the appetites of a growing Chinese middle class and diplomatic tensions with […]

By Tom Polansek

Nov. 4, 2021 at 5:49 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures climbed to their highest in nearly two weeks on Thursday, supported by strong weekly export sales and tighter supplies of market-ready hogs, analysts said. “Hog numbers are still running below last year. If that continues to tighten up, I think […]

By Christopher Walljasper

Nov. 3, 2021 at 5:45 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday, underpinned by stronger cash trade as packers pull more cattle forward, while wholesale beef prices added support, analysts said. “It does seem like the packers have picked up the production for cattle lately,” said Doug Houghton, technical […]

By Christopher Walljasper

Nov. 2, 2021 at 5:04 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Tuesday, as uncertainty over Chinese pork demand continued and animal weights were expected to increase on cooling U.S. temperatures, analysts said. Meanwhile, Chicago’s cattle futures firmed a bit on Tuesday, amid steady slaughter rates and market expectations that […]

By P.J. Huffstutter