Insights and Stories on Pork

U.S. livestock: CME live cattle ease on weak cash market

Jul. 6, 2023 at 6:22 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Thursday as a weak tone to the cash market and worries about slowing beef demand weighed on prices, traders said. Livestock traders were monitoring cash market activity at Plains feedlots, where fed cattle were lightly bid at $178/cwt, […]

U.S. livestock: Cattle futures turn lower

Jul. 5, 2023 at 9:58 pm CDT

By Dave Bedard

U.S. livestock: CME feeder cattle firm on choppy corn trade

Jul. 3, 2023 at 5:25 pm CDT

By P.J. Huffstutter

U.S. livestock: CME cattle up as corn prices slide

Jun. 30, 2023 at 7:24 pm CDT

By Julie Ingwersen

U.S. livestock: CME nearby hog futures up ahead of herd data

Jun. 29, 2023 at 7:05 pm CDT

By Julie Ingwersen

U.S. livestock: Live cattle climb on firm cash markets

Jun. 28, 2023 at 7:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher for a second session on Wednesday, lifted by strength in the cash market tied to tightening U.S. cattle supplies, traders said, while tumbling corn prices lifted feeder cattle futures. CME August live cattle futures settled up 1.375 cents at […]

By Julie Ingwersen

U.S. livestock: Live cattle end higher, lean hogs mixed

Jun. 27, 2023 at 8:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday, rallying after a two-session slide as corn prices dropped and feeder cattle surged, but softening wholesale beef prices hung over the market, traders said. Benchmark CME August live cattle futures settled up 1.9 cents, at 172.5 cents/lb. […]

By Julie Ingwersen

U.S. livestock: Live cattle weak on large May placements

Jun. 26, 2023 at 7:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended flat to lower on Monday on larger-than-expected feedlot placements in May and expectations for slower demand for beef for outdoor grilling following the U.S. Independence Day holiday. Sharply higher feed corn prices early in Monday’s trading session weighed on […]

By Karl Plume

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 […]

By Mark Weinraub

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

Jun. 22, 2023 at 5:31 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures firmed on Thursday, rebounding from a sharp decline a day earlier on support from weakness in the corn market. Live cattle futures also closed higher but hog contracts weakened, extending a sell-off that started on Wednesday as traders said the […]

By Mark Weinraub