Insights and Stories on Cattle

Jul. 3, 2024 at 5:34 pm CDT

Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.

By Julie Ingwersen, Reuters

Jun. 28, 2024 at 4:59 pm CDT

Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.

By P.J. Huffstutter, Reuters

Jun. 27, 2024 at 4:19 pm CDT

Chicago Mercantile Exchange lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that U.S. farmers had a slightly larger hog herd, traders said.

By P.J. Huffstutter, Reuters

Jun. 26, 2024 at 5:03 pm CDT

Chicago Mercantile Exchange lean hog futures turned higher on Wednesday as fund investors adjusted their positions and sought short-covering, even as many contracts set new lows for a second trading day, traders said.

By P.J. Huffstutter, Reuters

Jun. 25, 2024 at 5:02 pm CDT

Analysts surveyed by Reuters project that quarterly USDA data will show the herd on June 1 was about 0.8 per cent bigger than a year earlier and that the number of pigs per litter was up 2.3 per cent in the March-May period.

By Reuters, Tom Polansek