Insights and Stories on Live Cattle

Jul. 11, 2024 at 5:23 pm CDT

Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.

By Heather Schlitz, Reuters

Jul. 10, 2024 at 4:20 pm CDT

CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.

By Heather Schlitz, Reuters

Jul. 9, 2024 at 4:07 pm CDT

CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.

By Heather Schlitz, Reuters

Jul. 8, 2024 at 4:43 pm CDT

Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.

By P.J. Huffstutter, Reuters

Jul. 5, 2024 at 3:27 pm CDT

Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.

By Heather Schlitz, Reuters