Photo: Geralyn Wichers

U.S. livestock: Live cattle hit contract highs on cash market strength

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed to fresh contract highs on Thursday as a firm cash market and stabilizing beef prices supported the market, analysts said. Feeder cattle were flat to higher, with nearby contracts consolidating after recent strong gains, although the market remains well supported by tight supplies. Beef […] Read more



Photo: Geralyn Wichers

U.S. livestock: Cattle mixed on technicals, profit taking after tight supply rally

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as tight supplies and higher choice beef values supported the market before profit taking and technical selling clipped gains, analysts said. Live and feeder cattle futures both notched contract highs in the previous session following nearly two straight weeks of daily advances. […] Read more



(Geralyn Wichers file photo)

U.S. livestock: Feeder cattle rise to new highs on tight supply, strong cash prices

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures rallied on Thursday to a record high on strong cash market prices and tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border. Live cattle followed feeders higher, posting new contract highs in deferred contract […] Read more