Insights and Stories on Cattle Futures

U.S. livestock: CME live cattle up for fourth straight session

Apr. 10, 2017 at 4:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle rose for a fourth consecutive session on Monday, fueled by short-covering and futures’ discounts to last week’s cash prices, said traders. Last weekend’s news that China offered to lift its ban on U.S. beef helped spike Chicago Mercantile Exchange over one […]

U.S. livestock: CME live cattle extend gains as funds buy

Apr. 7, 2017 at 3:36 pm CDT

By Theopolis Waters

U.S. livestock: Bargain buying rallies CME hogs

Apr. 6, 2017 at 4:28 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle end firmer despite cash pessimism

Apr. 5, 2017 at 4:39 pm CDT

By Theopolis Waters

U.S. livestock: CME hog futures hit four-month low

Apr. 4, 2017 at 4:09 pm CDT

By Theopolis Waters

Klassen: Feeder cattle upward trend stalls

Apr. 3, 2017 at 9:32 pm CDT

Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Noticeable slippage was noted in shorter-keep cattle while lighter weight categories experienced spurts of $2-$3 above last week’s prices. Alberta packers were buying fed cattle at $292 on a dressed basis, up about $4-$6 from week-ago levels. However, auction […]

By Jerry Klassen

U.S. livestock: CME hog futures slump on pork demand fears

Apr. 3, 2017 at 4:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Monday, pressured by concerns that the seasonal bump in supplies might further hurt cash prices and curb retail pork buying, said traders. They said sell stops and fund liquidation hastened hog market losses. April hogs ended 0.875 cent/lb. […]

By Theopolis Waters

U.S. livestock: Cattle, hogs narrowly mixed on quarter-end positioning

Mar. 31, 2017 at 5:00 pm CDT

Chicago/Reuters – U.S. livestock futures were narrowly mixed on Friday, with live cattle edging slightly higher in a rebound from an earlier 10-day low as investors squared up their positions on the final day of the quarter, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle settled unchanged […]

By Michael Hirtzer

U.S. livestock: Hog prices rally on bargain buying before USDA report

Mar. 30, 2017 at 5:12 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange lean hogs finished higher on Thursday, with strength from bargain buying prior to what turned out to be a neutral U.S. government hog report after futures closed, said traders. The U.S. Department of Agriculture’s quarterly hog report showed a record-large March 1 herd, with most […]

By Theopolis Waters

U.S. livestock: Cash discounts lift live cattle

Mar. 29, 2017 at 3:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed firmer on Wednesday, with support from short-covering tied to futures’ discounts to preliminary cash prices, said traders. April live cattle closed 0.575 cent/lb. higher at 121.35 cents, and June up 0.25 cent to 111.85 cents (all figures US$). Market-ready, […]

By Theopolis Waters