Insights and Stories on Lean Hog

U.S. livestock: CME feeder cattle set contract high on tightening supplies

Mar. 6, 2023 at 7:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures jumped to a new contract high on Monday on firm cash prices and increasing concerns about reduced U.S. herd numbers, analysts said. Traders focused on tighter cattle supplies as demand from meatpackers for livestock to slaughter remained strong. Ranchers have […]

U.S. livestock: Cattle, hogs rally on strong outside markets

Mar. 3, 2023 at 8:33 pm CST

By Mark Weinraub

U.S. livestock: Cattle, hogs ease on weak exports

Mar. 2, 2023 at 6:03 pm CST

By Mark Weinraub

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

Mar. 1, 2023 at 6:08 pm CST

By Mark Weinraub

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

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday, with a mild round of profit-taking pulling prices from eight-year highs. But concerns about tight supplies limited the selling. Hog futures also were weaker, pressured by a government report that showed robust stocks of pork. Thinly traded […]

By Mark Weinraub

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

Feb. 24, 2023 at 7:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures consolidated on Friday after setting a string on contract highs recently, while lean hog futures eased. The cattle market looks ripe for a correction after futures rose this month on tightening U.S. supplies, brokers said. However, cattle inventories look even […]

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