Insights and Stories on Live Cattle

U.S. livestock: Feeder cattle rally as corn prices sag

Jun. 23, 2023 at 7:14 pm CDT

Chicago | Reuters — CME Group feeder cattle contracts rallied on Friday, their second day of gains, as weakening corn prices cut into feed costs and boosted profit margins at packers. Hog futures were weaker on follow-through selling after Thursday’s sharp decline. The August CME feeder cattle contract gained 3.275 […]

U.S. livestock: Cattle futures rise, hogs fall

Jun. 22, 2023 at 5:31 pm CDT

By Mark Weinraub

U.S. livestock: Feeder cattle down as corn extends rally

Jun. 21, 2023 at 7:30 pm CDT

By Mark Weinraub

U.S. livestock: Hogs rally to nine-month high; cattle ease

Jun. 20, 2023 at 6:43 pm CDT

By Mark Weinraub

U.S. livestock: CME live cattle up as beef prices climb

Jun. 16, 2023 at 7:09 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle inch higher in technical bounce

Jun. 15, 2023 at 7:22 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed modestly higher on Thursday on rising wholesale beef prices and a technical bounce after the benchmark August contract dipped to a two-week low. The cattle market has been consolidating after a surge to contract highs on June […]

By Julie Ingwersen

U.S. livestock: CME live cattle fall on technical selling

Jun. 14, 2023 at 7:41 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange fell on Wednesday on chart-based selling and expectations of a seasonal slowdown in beef demand in the coming weeks, traders said. CME benchmark August live cattle futures settled down 2.95 cents at 170.975 cents/lb., with technical selling accelerating […]

By Julie Ingwersen

U.S. livestock: CME live cattle end up as beef prices rise

Jun. 13, 2023 at 8:06 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, rallying from early declines, as strong beef prices and tight cattle supplies buoyed futures, traders said. CME August live cattle futures settled up 0.725 cent at 173.925 cents/lb. (all figures US$). August feeder cattle […]

By Julie Ingwersen

U.S. livestock: CME lean hogs extend climb on bargain-buying

Jun. 12, 2023 at 7:39 pm CDT

Chicago | Reuters — Benchmark lean hog futures on the Chicago Mercantile Exchange set a one-month high on Monday on short-covering and bargain-buying as the July contract extended its rebound from life-of-contract lows set in late May, traders said. CME July lean hogs settled up 1.975 cents at 91.6 cents/lb. […]

By Julie Ingwersen

U.S. livestock: CME lean hogs touch one-month high

Jun. 9, 2023 at 5:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures hit their highest level in more than a month on Friday following gains in cash prices. Recent advances in futures have built some upward momentum into the market, brokers said, though the sector continues to grapple with an excess of […]

By Tom Polansek