Insights and Stories on Cattle

U.S. livestock: CME live cattle soar as cash prices explode

Jun. 1, 2023 at 7:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged on Thursday as cash cattle traded as high as US$180/cwt in Texas and Kansas, up to US$9 higher than last week, reflecting strong demand from meat-packers amid rising beef prices and tightening cattle supplies, traders said. CME’s most-active August […]

U.S. livestock: CME lean hogs bounce on short-covering

May. 31, 2023 at 7:38 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs limit-up on bargain buying

May. 30, 2023 at 7:45 pm CDT

By Julie Ingwersen

U.S. livestock: CME hogs down 10 per cent on week

May. 26, 2023 at 6:31 pm CDT

By Tom Polansek

U.S. livestock: CME hogs sink to contract lows

May. 25, 2023 at 6:38 pm CDT

By Tom Polansek

U.S. livestock: Hog futures weak on bearish supplies

May. 24, 2023 at 7:22 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the fourth day in a row on Wednesday, with a large supply base pressuring the market. Cattle contracts were firm, rising on a round of technical buying. After the close, the U.S. Agriculture Department said frozen U.S. beef stocks […]

By Mark Weinraub

U.S. livestock: Hog, cattle futures fall on technical selling

May. 23, 2023 at 6:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Tuesday on technical selling as the market moved closer to values in the cash market, traders said. Cattle contracts also were lower, with traders noting pressure from strength in corn futures. Recent declines in both cattle and hogs have […]

By Mark Weinraub

U.S. livestock: Hog futures drop to contract lows on demand woes

May. 22, 2023 at 5:48 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures sank to contract lows on Monday, with the market under pressure from plentiful supplies and weak demand for pork at grocery stores and on the export market. “The story remains one of a slow-to-move product market,” brokerage StoneX said in a […]

By Mark Weinraub

U.S. reports case of atypical BSE

May. 19, 2023 at 5:23 pm CDT

Chicago | Reuters — The U.S. Department of Agriculture (USDA) announced on Friday an atypical case of bovine spongiform encephalopathy (BSE), in an older beef cow at a slaughter plant in South Carolina. USDA said the animal never entered slaughter channels and the agency did not expect any trade impacts […]

By Reuters

U.S. livestock: Cattle futures rally

May. 19, 2023 at 4:53 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange cattle futures rose on Friday in a bout of technical trading, as cash prices remained relatively steady and investors positioned themselves ahead of the monthly U.S. Department of Agriculture (USDA) report, traders said. On the pork side, a second day of volatile trading […]

By P.J. Huffstutter