Cattle futures climbed to an all-time high for the fifth straight session as supplies of beef shrink in the U.S., the world’s biggest producer of the meat. Hog prices fell.
Corn futures rose for the fifth time in six sessions on signs of increasing demand for shipments from the U.S., the world’s biggest producer. Wheat and soybean prices also advanced.
Cattle futures fell to the lowest price in almost two weeks on speculation that U.S. beef production is outpacing demand. Hog prices rose.
Cattle futures, trading little changed in Chicago, may rise for a second consecutive day on signs of declining U.S. beef production amid rising meat demand. Hog prices advanced.
Hog futures fell, heading for the first two-day slump since last month, on signs of increasing U.S. pork supplies. Cattle prices rose.
Feeder-cattle futures rose to a record for the second straight day on speculation that demand from U.S. ranchers will increase as feed costs decline. Hogs dropped.
Cattle futures rose for the second time in three sessions on mounting concern that U.S. beef output is dropping as demand increases. Hog prices increased.
Hog futures climbed for the first time in four sessions on speculation that demand for U.S. pork is rising. Cattle prices fell.
Hog futures headed for the biggest gain in more than a week on signs of climbing demand for U.S. pork amid limited supplies. Cattle prices also rose.
Hog futures declined for the first time in four sessions on concern that a plunge in the cost of livestock feed will spur an increase in U.S. pork supplies. Cattle prices gained.