Insights and Stories on Lean Hog

Nov. 24, 2015 at 6:51 pm CST

Chicago | Reuters — U.S. live cattle and feeder cattle futures fell as much as 1.8 per cent on Tuesday as investors took profits after prices hit a one-week high in the previous session, traders and analysts said. A government report on Monday showing bigger beef supplies than a year […]

By Michael Hirtzer

Nov. 23, 2015 at 5:48 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts ended up sharply on Monday, driven by active short-covering as some investors prepare for Thanksgiving holiday vacations, traders said. “Some of these guys are so frustrated with market volatility and uncertainty that they’re looking forward to some time off,” a […]

By Theopolis Waters

Nov. 20, 2015 at 6:52 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures lost modest ground on Friday, amid caution ahead of Friday afternoon’s cash prices and the U.S. Department of Agriculture’s monthly Cattle on Feed report, traders said. Analysts expect the report to show fewer cattle placed into feedlots last month than […]

By Theopolis Waters

Nov. 19, 2015 at 4:48 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Thursday after profit-taking and a drop in the day’s wholesale beef price ended a two-day rally, traders said. Spot December and February finished 1.075 cents/lb. lower at 129.9 and 132.05 cents, respectively (all figures US$). Thursday morning’s wholesale […]

By Theopolis Waters

Nov. 18, 2015 at 5:54 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher for a second day in a row Wednesday, helped by more short-covering as expectations improved regarding cash prices later this week, traders said. Spot December finished at 130.975 cents/lb., up 2.95 cents, and February 2.55 cents higher at […]

By Theopolis Waters