Insights and Stories on Hogs

U.S. livestock: Cattle futures turn lower

Jul. 5, 2023 at 9:58 pm CDT

Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 […]

U.S. livestock: CME feeder cattle firm on choppy corn trade

Jul. 3, 2023 at 5:25 pm CDT

By P.J. Huffstutter

U.S. livestock: CME cattle up as corn prices slide

Jun. 30, 2023 at 7:24 pm CDT

By Julie Ingwersen

U.S. livestock: CME nearby hog futures up ahead of herd data

Jun. 29, 2023 at 7:05 pm CDT

By Julie Ingwersen

U.S. livestock: Live cattle climb on firm cash markets

Jun. 28, 2023 at 7:20 pm CDT

By Julie Ingwersen

U.S. livestock: Live cattle end higher, lean hogs mixed

Jun. 27, 2023 at 8:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday, rallying after a two-session slide as corn prices dropped and feeder cattle surged, but softening wholesale beef prices hung over the market, traders said. Benchmark CME August live cattle futures settled up 1.9 cents, at 172.5 cents/lb. […]

By Julie Ingwersen

U.S. livestock: Live cattle weak on large May placements

Jun. 26, 2023 at 7:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended flat to lower on Monday on larger-than-expected feedlot placements in May and expectations for slower demand for beef for outdoor grilling following the U.S. Independence Day holiday. Sharply higher feed corn prices early in Monday’s trading session weighed on […]

By Karl Plume

U.S. livestock: Feeder cattle rally as corn prices sag

Jun. 23, 2023 at 7:14 pm CDT

Chicago | Reuters — CME Group feeder cattle contracts rallied on Friday, their second day of gains, as weakening corn prices cut into feed costs and boosted profit margins at packers. Hog futures were weaker on follow-through selling after Thursday’s sharp decline. The August CME feeder cattle contract gained 3.275 […]

By Mark Weinraub

U.S. livestock: Cattle futures rise, hogs fall

Jun. 22, 2023 at 5:31 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures firmed on Thursday, rebounding from a sharp decline a day earlier on support from weakness in the corn market. Live cattle futures also closed higher but hog contracts weakened, extending a sell-off that started on Wednesday as traders said the […]

By Mark Weinraub

U.S. livestock: Feeder cattle down as corn extends rally

Jun. 21, 2023 at 7:30 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures eased on Wednesday, with surging corn prices expected to boost feeding costs in the coming weeks, traders said. But live cattle contracts were close to unchanged. Hog futures fell from a nine-month high on a round of profit-taking, with the […]

By Mark Weinraub