Insights and Stories on Pork

Aug. 2, 2024 at 4:31 pm CDT

Chicago Mercantile Exchange (CME) cattle futures plunged sharply on Friday, with back-month feeder cattle contracts setting new lows, as signs of a weakening U.S. economy spurred market participants to unwind long positions and seek cover, traders said.

By P.J. Huffstutter, Reuters

Aug. 1, 2024 at 4:45 pm CDT

Chicago Mercantile Exchange (CME) cattle futures turned lower on Thursday, with the most-active feeder cattle contract FCU24 falling more than two per cent, amid a flurry of fund selling and signs of weakening consumer demand.

By Heather Schlitz, Reuters

Jul. 31, 2024 at 4:41 pm CDT

Chicago Mercantile Exchange (CME) lean hog futures firmed on technical trading and weaker wholesale prices on Wednesday, while live cattle futures ended lower on a day of choppy trade, market analysts said.

By P.J. Huffstutter, Reuters

Jul. 30, 2024 at 4:27 pm CDT

Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Tuesday as the cash cattle market remained strong, while lean hogs turned lower as traders anticipated slowing ham sales.

By Heather Schlitz, Reuters

Jul. 29, 2024 at 4:22 pm CDT

Chicago Mercantile Exchange (CME) livestock futures turned lower on Monday, as cattle futures fell on signs of profit taking, a steady cattle cash market and uncertainty about consumer demand for beef this fall, market analysts said.

By P.J. Huffstutter, Reuters