Insights and Stories on Pork

U.S. livestock: Cattle futures firm as corn prices fall

Apr. 27, 2023 at 5:46 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended firm on Thursday as corn futures sank to a nine-month low. Falling corn prices raised prospects for reduced feeding costs, traders said. Hog futures weakened, pressured by a round of profit taking after hitting their highest since April 4. The […]

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

Apr. 26, 2023 at 4:44 pm CDT

By Reuters

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

Chicago | Reuters — The Chicago Mercantile Exchange’s cattle futures saw a second day of volatile trading on Thursday, with wide trading ranges and weaker technicals resulting in the spot live cattle contract turning lower, analysts said. One key reason, traders said, is that a white-hot cash market may have […]

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