As with most futures contracts, livestock futures contracts specify the commodity, quantity, and the delivery point. Beyond these, livestock futures also specify the quality of the commodity in particular U.S. grades.
Livestock Futures Markets
- Cattle futures slip as demand forecast to wane (6/3/2013) - Decreased demand pulled down cattle futures on the first trading session of June after the agricultural commodity notched its record-high price last month, according to Bloomberg.
- Cattle futures climb as cookout season dawns (5/2/2013) - The Thursday trading session saw cattle futures surging toward their top climb in about seven days amid indications that demand for U.S. beef was on the rise due to more comfortable weather prompting grilling, according to Bloomberg. The first three days of this week had meat packers process 369,000 cattle during the first three days,... Read More.
- Hog futures drop as demand drops (3/11/2013) - Reduced demand pulled down hog futures on Monday as the livestock reversed three consecutive trade sessions of gains, according to Bloomberg. Stronger weather systems during the past 180 days have warded away many consumers from grocery stores, such as heavy snowfall in Boston and Hurricane Sandy along the Eastern Seaboard in October of last year,... Read More.
- Hog futures slide as Russia, China demand slows (2/21/2013) - Indications about reduced worldwide demand tugged down hog futures on Thursday as the livestock was heading toward its lengthiest bearish run in about 16 months, according to Bloomberg. The U.S. Meat Export Federation said that China, which is the globe's third largest buyer of pork products generated in the U.S., demanded paperwork demonstrating exports were... Read More.
- Strong supplies drag down hog futures (2/19/2013) - Indications about plentiful supplies in the U.S. pulled down hog futures on Tuesday, according to Bloomberg. Demand for the commodity weakened, which also pulled down its price during the Tuesday trade session as cattle futures also lost value. Last week saw meatpackers process 0.3 percent more hogs as compared to the week prior, which amounted... Read More.
- Drought poised to impact cattle futures (2/14/2013) - Cattle futures are likely to be impacted by offshoots of the harsh summer of 2012 in regions of the U.S., which prompted many acres of pasture land to dry, according to Bloomberg. Byproducts of the worst drought in more than 70 years drew down populations of herds of cattle to their smallest numbers since the... Read More.
- Hog futures slide as demand forecast to drop (2/12/2013) - Conjecture about reduced U.S. demand pulled down hog futures to their lowest price in about four weeks on Tuesday, according to Bloomberg. The threat of inclement weather in New York City and regions northeast of the metropolis is fueling the conjecture as it could endure as many as three additional inches of snow. From Friday... Read More.
- Hog futures slip as supplies trump demand (2/5/2013) - Indications about supplies trumping demand pulled down hog futures on Tuesday as the livestock was headed toward its lengthiest run of losses thus far this year, according to Bloomberg. Spot hog futures fell 2.6 percent on Monday, notching the biggest drop since December 10 of last year, according to data released by the U.S. Department... Read More.
- Cattle futures rise amid concerns for supply dearth (1/28/2013) - The prospect of reduced supplies prompted cattle futures to mark their sharpest gains in about 180 days on Monday, according to Bloomberg. Feedlots in the U.S. purchased 0.5 percent less cattle last month as compared to one year prior, the U.S. Department of Agriculture stated late last week. Analysts, anticipating increases, were taken aback by... Read More.
- Cattle futures forecast to climb next year (12/5/2012) - Cattle futures are forecast to surge 20 percent next year and notch a record price after nourishing rains did their part to encourage feeding animals rather than slaughtering them, according to Bloomberg. The rains benefited grazing fields and corn crops to the delight of ranchers from Texas to Nebraska. But reduced processing is forecast to... Read More.