Insights and Stories on Lean Hog

U.S. livestock: Volatility roils CME cattle market

Apr. 20, 2023 at 6:16 pm CDT

Chicago | Reuters — The Chicago Mercantile Exchange’s cattle futures saw a second day of volatile trading on Thursday, with wide trading ranges and weaker technicals resulting in the spot live cattle contract turning lower, analysts said. One key reason, traders said, is that a white-hot cash market may have […]

U.S. livestock: CME lean hogs touch new lows on fat supplies

Apr. 19, 2023 at 4:49 pm CDT

By P.J. Huffstutter

U.S. livestock: CME feeder cattle hit new highs

Apr. 18, 2023 at 4:54 pm CDT

By P.J. Huffstutter

U.S. livestock: CME feeder cattle hit new highs on supplies, cash market

Apr. 17, 2023 at 5:21 pm CDT

By P.J. Huffstutter

U.S. livestock: CME live cattle pull back from all-time highs

Apr. 14, 2023 at 7:06 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle hit another record high

Apr. 13, 2023 at 6:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a record high for the third consecutive session on Thursday as producers held out for higher prices from meatpackers searching for supplies, brokers said. Strong cash prices and tightening supplies have pushed futures above a 2014 record for the […]

By Tom Polansek

U.S. livestock: CME live cattle hit record high as packers scramble for supplies

Apr. 12, 2023 at 5:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stormed to an all-time high on Wednesday as meatpackers scrambled to buy livestock at a time when supplies are tightening, brokers said. Ranchers have reduced their herds due to high feed costs and drought in the western U.S., forcing packers […]

By Tom Polansek

U.S. livestock: Cattle futures continue climbing

Apr. 11, 2023 at 7:54 pm CDT

Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures continued climbing Tuesday, with most-active June live cattle again reaching a new contract high. CME June live cattle closed Tuesday at 163.95 cents/lb., up 0.25 cent on the day, while lightly-traded front-month April also closed at a new contract high […]

By Dave Bedard

U.S. livestock: Sizzling cash cattle prices ignite rally in CME futures

Apr. 6, 2023 at 4:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to contract highs on Thursday as cash prices soared, stoking concerns about tightening U.S. supplies. Meatpackers had to be aggressive in the cash market, brokers said, after ranchers have reduced their herds due to high feed costs and drought […]

By Tom Polansek

U.S. livestock: CME cattle up on higher cash price expectations

Apr. 5, 2023 at 7:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Wednesday on expectations for higher U.S. cash prices this week, as lean hog futures set contract lows, analysts said. Cash cattle were bid at about $168/cwt in the southern Plains, roughly $1 higher than the bulk of trading […]

By Tom Polansek