Insights and Stories on Lean Hog

U.S. livestock: CME live cattle break four-session losing skid

Aug. 22, 2017 at 5:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday settled higher for the first time in five sessions, spurred by short-covering and bargain buying, said traders. Some contracts punched through key technical resistance barriers, which triggered fund buying and pre-established buy orders. August ended 0.725 cent/lb. higher […]

U.S. livestock: Live cattle at nine-month low for third straight session

Aug. 21, 2017 at 4:57 pm CDT

By Theopolis Waters

U.S. livestock: Live cattle again sink to nine-month bottom, but off lows

Aug. 18, 2017 at 4:06 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle hit nine-month low

Aug. 17, 2017 at 6:34 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle give back Tuesday’s gains

Aug. 16, 2017 at 3:23 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rebound after bargain hunters step in

Aug. 15, 2017 at 4:46 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply higher on Tuesday, ignited by bargain buying after burdensome supplies recently sank the contract to eight-month lows, said traders. “Everybody was just overly bearish and we had lots of long liquidation by funds pushing the market down. So […]

By Theopolis Waters

U.S. livestock: CME live cattle retreat on softer cash price outlook

Aug. 14, 2017 at 3:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday on expectations for lower prices for slaughter-ready, or cash, cattle this week amid ample supplies, traders said. The decline triggered pre-determined sell orders, and funds sold the October contract after it slipped beneath its 200-day moving average […]

By Theopolis Waters

U.S. livestock: Bargain buying pares some live cattle losses

Aug. 11, 2017 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange contracts on Friday landed in positive territory for the first time in five sessions, helped by short-covering and bargain buying, said traders. “We’ve had a big down week. I think this a kind of dead cat technical bounce (temporary recovery) ahead of the […]

By Theopolis Waters

U.S. livestock: Improved cash prices lift CME live cattle

Jul. 21, 2017 at 5:28 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished firmer on Friday, led by higher cash prices than earlier this week, traders said. Technical buying and futures’ discounts to cash returns provided more market support. Investors were awaiting the U.S. Department of Agriculture’s monthly Cattle on Feed report […]

By Theopolis Waters

U.S. livestock: Live cattle slump on profit-taking, cash caution

Jul. 20, 2017 at 3:31 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, erasing most of Wednesday’s gains, pressured by profit-taking and caution while awaiting remaining cash prices, traders said. Technical selling contributed to market losses ahead of the U.S. Department of Agriculture’s monthly Cattle on Feed report on […]

By Theopolis Waters