Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures tipped lower on Thursday as falling wholesale boxed beef prices and long liquidation pressured the market, analysts said. A decline in boxed beef prices has made meatpackers, whose margins continue to remain in the red, less willing to pay up for cattle. “The […] Read more
U.S. livestock: Cattle futures lower on falling beef prices, selling
U.S. livestock: Hogs, cattle fall
Reading Time: < 1 minute Chicago Mercantile Exchange livestock futures fell across the board on Wednesday. Most-active February live cattle futures closed at 229.550 cents a pound, down 1.150 cents. April contracts also fell by 1.150 cents to settle at 229.125 cents. Most-active January feeder cattle contracts closed at 341.525 cents per pound, a loss of 1.800 cents. March futures […] Read more
U.S. livestock: Cattle rise, hogs recoup losses
Reading Time: < 1 minute Chicago live and feeder cattle futures rose on Tuesday while hog contracts regained Monday’s losses. Most-active February live cattle futures closed at 230.700 cents a pound, up 0.150 cents. June live cattle settled up 0.275 cents at 223.700 cents per pound. Most-traded January feeder cattle gained 3.400 cents to close at 343.325 cents a pound […] Read more
U.S. livestock: Cattle make small gains, hogs fall
Reading Time: < 1 minute Chicago cattle futures made modest gains on Monday while hogs pulled back. Most-active February live cattle closed at 230.550 cents a pound, up 1.000 cents. April contracts gained 0.625 cents to settle at 230.025 cents a pound. Most-active January feeder cattle futures settled at 339.925 cents a pound, up 0.825 cents. March contracts gained 0.775 […] Read more
U.S. livestock: CME cattle futures end lower, hogs mostly lower
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Friday on profit taking, inflation concerns and mixed wholesale prices, brokers said. Feeder cattle futures fell during the trading session, after cattle futures jumped to their highest levels on Thursday since late October – following a jump in cash prices for slaughter-ready […] Read more
U.S. livestock: Chicago cattle, hogs rise
Reading Time: < 1 minute Chicago cattle and hog futures closed higher on Thursday. Most-active February live cattle futures settled at 230.950 cents a pound, up 2.245 cents. April contracts closed up 2.300 cents at 230.675 cents per pound. Most-active January feeder cattle contracts closed at 343.400 cents per pound, up 5.025 cents. March futures settled at 337.675 cents a […] Read more
U.S. livestock: Cattle, hogs mostly up
Reading Time: < 1 minute Chicago cattle futures ended mostly up on Wednesday while hogs also gained ground. Most-active April live cattle closed at 228.375 cents a pound, up 1.475 cents. December futures edged down 0.025 cents to close at 226.800 cents a pound. Most-traded January feeder cattle futures settled at 338.375 cents a pound, up 2.875 cents. March contracts […] Read more
U.S. livestock: Hog futures sink, cattle mixed
Reading Time: < 1 minute Chicago hog futures fell on Tuesday while cattle futures ended the day mixed. Most-active February live cattle contracts closed at 226.950 cents a pound, up 0.275 cents. April live cattle settled up 0.200 cents at 226.900 cents per pound. Most-traded January feeder cattle futures settled down 0.150 cents at 335.500 cents per pound. March contracts […] Read more
U.S. livestock: Cattle mostly lower Monday
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mostly lower Monday, seeing a modest correction to start the week after rising in early December. The February live cattle contract lost 0.475 cents per pound at 226.675 cents. Feeder cattle were down 2.875 cents in the March contract at 330.425 cents per pound. An estimated 600,000 […] Read more
U.S. livestock: Cattle extend gains on improving cash prices, packer demand
Reading Time: 2 minutes Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high and feeder cattle hit their highest level in five weeks on Friday as cash prices rose and demand improved from meatpackers, brokers said. The markets advanced for the fourth consecutive session as prices recovered from a steep slide that began in October after […] Read more