Insights and Stories on Live Cattle

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 […]

U.S. livestock: Cattle futures continue climbing

Apr. 11, 2023 at 7:54 pm CDT

By Dave Bedard

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

Apr. 6, 2023 at 4:18 pm CDT

By Tom Polansek

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

Apr. 5, 2023 at 7:04 pm CDT

By Tom Polansek

U.S. livestock: CME cattle slide on profit-taking

Apr. 4, 2023 at 7:09 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle down off highs on profit-taking

Apr. 3, 2023 at 7:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Monday as profit-taking dragged prices down after the market set new contract highs, traders said. CME June live cattle ended down 0.9 cent at 161.225 cents/lb., after reaching a high of 162.525 cents/lb. (all figures US$). That exceeded […]

By Tom Polansek

U.S. livestock: CME hogs up in deferred months

Mar. 31, 2023 at 6:42 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a […]

By Tom Polansek

U.S. livestock: CME live cattle set contract high as cash prices jump

Mar. 30, 2023 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Thursday, with the front-month contract setting a new high, as cash prices climbed. Cash cattle trades of around $170-$171/cwt in western Nebraska and around $172/cwt in northwest Iowa ignited the rally in futures, analysts said (all figures US$). […]

By Tom Polansek

U.S. livestock: CME live cattle hit three-week peak on tightening U.S. supply

Mar. 29, 2023 at 5:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures marched to a three-week high on Wednesday on expectations for tighter U.S. supplies, analysts said. Feeder cattle futures also advanced, while lean hogs softened. Technical buying helped support live cattle, analysts said, after a drop near eight-week lows last week […]

By Tom Polansek

U.S. livestock: CME live cattle futures top two-week highs

Mar. 28, 2023 at 7:50 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped another two-week high on Tuesday before finishing slightly firmer, while lean hog futures ended lower. Technical buying helped support gains in cattle, as the market has rebounded after nearing a two-month low last week, brokers said. A smaller U.S. […]

By Tom Polansek