(Photo courtesy Canada Beef Inc.)

U.S. livestock: Supply buildup fears undercut CME live cattle

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday finished lower as concern about increased supplies ahead yanked the market from early-session highs, traders said. Investors exercised caution while waiting for the bulk of slaughter-ready, or cash, cattle in the U.S. Plains to change hands this week. April ended 0.4 cents/lb. lower […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end lower

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on technical selling and expectations of a seasonal uptick in beef supplies as the pace of cattle slaughter increases, analysts said. “(There is) a little concern that we might have posted the smallest supply of the year, and now we are facing […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Spot cattle rise, deferreds weak

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with the front-month contract edging higher after hitting a 2-1/2-week low on Wednesday. Deferred cattle contracts were weaker, remaining under pressure from weak cash markets. Strong export data provided support to the nearby contracts. The U.S. Agriculture Department reported weekly beef […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle climb on technical buying

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher Tuesday on technical buying, halting a four-session slide that drove the benchmark April contract to a two-week low a day earlier. But the contract closed well off its session high, paring gains as cattle traders reacted to a firmer U.S. dollar and declines […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle down on bearish placements data

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, with the benchmark April contract touching a two-week low following Friday’s bearish Cattle on Feed report from the U.S. Department of Agriculture, traders said. The government on Friday reported that 2.068 million head of cattle were placed on feed last month, up […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle drop on technical selling

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined for the fourth straight session on Friday, easing on technical selling and bets that cattle prices have likely reached a short-term peak, traders and analysts said. Feeder cattle and lean hog futures were slightly higher, with feeders rebounding from a two-week low. Most-active CME […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle extend losses

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday lost ground for a second day in a row, weighed down by lower cash prices and an increased supply outlook, traders said. They said sell stops and fund liquidation contributed to market declines. Some investors adjusted positions before the U.S. Department of Agriculture (USDA) […] Read more


U.S. livestock: Cattle stumble on profit-taking, lower cash trades

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures notched their largest daily losses in nearly a month on Wednesday, pressured by profit-taking and weaker trades in U.S. Plains cash cattle markets, traders said. Feeder cattle futures fell nearly two per cent and lean hogs ebbed from their session highs, with each easing in […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs rally from four-month lows on fund buying

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hogs climbed 1.7 per cent on Tuesday, rallying on technical and investment fund buying after falling to more than four-month lows last week, traders and analysts said. Rising wholesale pork prices also bolstered hog futures amid expectations the meat was becoming more competitive with more pricier beef cuts. Live […] Read more