Cattle futures rise again on cash hopes, hogs widely mixed

CHICAGO, Nov 1 (Reuters) – U.S. live cattle futures bounded to life-of-contract highs for the third straight session on Wednesday, rising on expectations that beef packers will continue paying higher prices in Plains cash markets, traders said. About 1,500 cattle sold at the weekly Fed Cattle Exchange online auction at $120 per cwt, which was […] Read more


Cattle futures surge to contract highs on higher cash prices

CHICAGO, Oct 30 (Reuters) – U.S. live cattle and feeder cattle futures contracts surged to lifetime peaks on Monday, boosted by unexpectedly high-priced sales in cash cattle markets that occurred after the futures close on Friday, traders said. Cattle futures on the Chicago Mercantile Exchange surpassed Friday’s highs when trade resumed on Monday and some […] Read more




Hogs rise on stronger cash markets; cattle about flat

CHICAGO, Oct 11 (Reuters) – Chicago Mercantile Exchange lean hogs climbed for the second straight session on Wednesday, buoyed by short-covering and rising cash hog prices, traders and analysts said. Live cattle and feeder cattle futures each were little-changed in relatively light-volume trading in livestock futures ahead of a U.S. Department of Agriculture monthly grain […] Read more


Cattle, hog futures jump on spreading, packer demand

CHICAGO, Oct 10 (Reuters) – U.S. live cattle and lean hog futures rose more than 1 percent on Tuesday, lifted by spreading and investment fund buying backed up by robust demand from meat packers, traders and analysts said. Beef and pork packers were capturing big profit margins given higher meat prices and comparatively lower prices […] Read more



Hog futures plunge on spreading, weaker cash markets

CHICAGO, Oct 6 (Reuters) – Chicago Mercantile Exchange lean hog futures tumbled by about 3 percent on Friday, weighed down by spreading and abundant supplies that pressured cash markets, traders said. Front-month October and most-active December hogs bore the brunt on the selling, while deferred hog contracts were only narrowly lower. CME October hogs dropped […] Read more


U.S. cattle placements spike in August, portending more beef in 2018

CHICAGO, Sept 22 (Reuters) – Ranchers placed 1.93 million cattle in U.S. feedlots in August, the U.S. Department of Agriculture said on Friday, in a stronger-than-expected report likely to weigh on futures early next week. Cattle placements rose about 3 percent from August in 2016, USDA said. Analysts polled by Reuters had predicted a decline […] Read more


CME Oct hog futures fall to contract low on cash declines

CHICAGO, Sept 21 (Reuters) – Chicago Mercantile Exchange October lean hog futures fell sharply to a contract low on Thursday, weighed down by a months-long decline in cash prices and abundant supplies, traders said. Deferred hog futures contracts  as well as most live cattle  and feeder cattle contracts  also eased on technical selling and profit-taking. […] Read more



Live cattle surge on cash optimism, technical buying

CHICAGO, Sept 20 (Reuters) – Chicago Mercantile Exchange live cattle futures notched their biggest gains in 11 months on Wednesday, boosted by optimism for higher cash cattle prices and technical buying, traders and analysts said. Higher cattle sales at a weekly online auction helped to trigger the rally. Feeder cattle and lean hog futures also […] Read more


Feeder cattle hit 2-month high, hogs firm on technical buying

CHICAGO, Sept 19 (Reuters) – U.S. livestock futures gained on technical buying on Tuesday, with feeder cattle rising to a two-month high and lean hogs climbing by as much as 2.6 percent, traders said. Fresh news remained scant, but traders were more optimistic about higher cash prices for both cattle and hogs. Declining prices for […] Read more