Insights and Stories on Live Cattle

U.S. livestock: Cattle rise as corn prices drop

Apr. 26, 2023 at 4:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose Wednesday, supported by weakness in corn prices that boosted expectations for lower feeding costs, traders said. Hog futures rallied on strength in the cash markets. CME’s most-active June live cattle contract gained 0.55 cent, to 164.575 cents, rising above its […]

U.S. livestock: Live cattle, hogs mostly weaker

Apr. 25, 2023 at 3:29 pm CDT

By Reuters

U.S. livestock: Feeder cattle fall after USDA report

Apr. 24, 2023 at 6:23 pm CDT

By Reuters

U.S. livestock: CME cattle mixed, cash-futures spread remains wide

Apr. 21, 2023 at 8:15 pm CDT

By P.J. Huffstutter

U.S. livestock: Volatility roils CME cattle market

Apr. 20, 2023 at 6:16 pm CDT

By P.J. Huffstutter

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

Apr. 19, 2023 at 4:49 pm CDT

Chicago | Reuters — Choppy trade roiled the Chicago Mercantile Exchange’s livestock markets on Wednesday, while bountiful pork supplies and questions over consumer demand sent five of lean hog contracts slumping to new contract lows. The hog market turned sharply down, traders said, as the sector continues to wrestle with […]

By P.J. Huffstutter

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

Apr. 18, 2023 at 4:54 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange’s April and May feeder cattle futures hit fresh contract highs on Tuesday on tight supplies, as analysts said they expected cattle placements to continue to trend down, traders said. Meanwhile, CME May lean hogs hit a contract low of 78.5 cents/lb., before closing […]

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

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures hit new all-time highs in the nearby contracts on Monday, as bidding wars continue to rally cash prices as more producers show interest in expanding their herds, traders said. The rally helped give a boost to the pork market, where […]

By P.J. Huffstutter

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

Apr. 14, 2023 at 7:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Friday after racing to all-time highs during the previous three sessions as tightening U.S. supplies rallied cash prices. Profit-taking and technical pressured futures following the surge, though the market could still post new highs moving forward, analysts said. […]

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