Insights and Stories on Hogs

U.S. livestock: Cattle, hog futures drop but declines limited

Mar. 1, 2023 at 6:08 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Wednesday, with profit taking noted as prices remained near multi-year highs hit during February. Strength in the cash market limited the declines. Hog futures also were weaker but the market remained underpinned by hopes that recent weakness in […]

Crop, livestock prices offset reduced marketings in 2022

Feb. 28, 2023 at 8:19 pm CST

By Dave Bedard

U.S. livestock: Cattle futures strong

Feb. 28, 2023 at 4:41 pm CST

By Mark Weinraub

U.S. livestock: Cattle futures dip on profit-taking

Feb. 27, 2023 at 6:47 pm CST

By Mark Weinraub

U.S. livestock: CME live cattle consolidate after hitting new contract high

Feb. 24, 2023 at 7:05 pm CST

By Tom Polansek

U.S. livestock: CME cattle set high on Brazil halting beef exports to China

Feb. 23, 2023 at 5:19 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a contract high on Thursday amid hopes that Chinese importers will buy more U.S. beef after rival supplier Brazil suspended shipments to China, analysts said. Brazil said it would halt beef exports to China, the main destination for its […]

By Tom Polansek

U.S. livestock: CME hog futures sag as pork prices retreat

Feb. 22, 2023 at 7:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Wednesday, retreating from six-week highs set a day earlier as wholesale pork prices backed down after spiking higher early in the week. Live cattle futures closed mixed, underpinned by surging beef prices. At the CME, April hogs […]

By Julie Ingwersen

U.S. livestock: Cattle, hog futures climb

Feb. 21, 2023 at 8:13 pm CST

Chicago Mercantile Exchange (CME) cattle and hog futures came out of their U.S. Presidents Day break trading higher, with front-month live cattle posting eight-year highs. CME February 2023 live cattle touched 164.975 cents/lb. in Tuesday’s trade before closing at 164.75 cents, up 1.175 cents from Friday’s close and the highest […]

By Dave Bedard

U.S. livestock: CME live cattle post near-eight-year highs

Feb. 17, 2023 at 6:28 pm CST

Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange set life-of-contract highs on Friday and the front contract hit its highest since 2015 as shrinking cattle supplies lifted cash prices, traders said. Market-ready cattle traded in southern Plains cash markets at $160-$162 per hundredweight (cwt), traders […]

By Julie Ingwersen

U.S. livestock: Hogs, most live cattle lower

Feb. 16, 2023 at 7:21 pm CST

Chicago lean hog and cattle futures closed mainly lower Thursday with the exception of front-month February live cattle, which remained on its record-setting upward slope. CME February live cattle finished up 0.225 cent at 162.775 cents/lb., extending the nearly-eight-year high on a continuous chart of the front contract (all figures […]

By Dave Bedard