(Photo courtesy Canada Beef Inc.)

U.S. livestock: Beef quotes send CME live cattle higher

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained after triggering buy stops, spurred by the morning’s wholesale beef price rebound, traders said. Firmer wholesale beef values stirred bull spreads, in which traders bought February futures and simultaneously sold deferred months. February live cattle finished 1.175 cents/lb. higher at 124.725 cents […] Read more

(Lisa Guenther photo)

U.S. livestock: Weather, cash prices rally CME live cattle

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned higher on Monday, spurred by last Friday’s strong cash prices and the start this week of another round of wintry weather in parts of the northern U.S. Plains, traders said. February live cattle finished 1.65 cents/lb. at 123.55 cents (all figures US$). April ended […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle futures sag

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle futures edged lower on Friday to snap a five-session climb, pressured by technical selling and uncertainty about cash price direction, given that cash cattle did not trade ahead of the closing bell, brokers said. However, after the futures market closed, fed cattle traded lightly in cash markets […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle extend climb to five sessions

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday for a fifth straight session, buoyed by higher wholesale beef prices and technical buying including short-covering, traders said. Retailers are buying beef to feature during the second half of the month, when consumers may have paid off year-end holiday debt and have more […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle jump on short-covering

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle futures surged on Wednesday on technical buying and short-covering, spurred in part by higher-than-expected prices at a weekly cattle sale, traders said. Animals at Wednesday’s Fed Cattle Exchange brought $119.75/cwt, up from $119 a week earlier (all figures US$). “I guess people thought it would be closer […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME nearby hogs hit contract high

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange February lean hog futures rose nearly three per cent on Tuesday and set a contract high, buoyed by firmer cash hog prices and spreading against cattle futures, traders said. Wholesale pork fetched $80.71/cwt, down 38 cents from Monday (all figures US$). But lean hogs in the top cash […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs turn up on short-covering, bargain buying

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Friday after short covering and bargain buying pared some of the market’s recent losses tied to fears about NAFTA negotiations, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement, following Canadian government worries that the U.S. […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Fund selloff, NAFTA concerns extend hog losses

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower for a second straight day on Thursday, pressured by fund liquidation and jitters about NAFTA talks, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement (NAFTA) if the U.S. exits trade talks with Canada. Mexico is the […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: NAFTA worries drag CME hogs from one-year high

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday slid from a one-year top earlier in the session, rattled by fund selling and Canadian government concerns over NAFTA talks with the U.S., said traders. Canada is increasingly convinced that President Donald Trump will soon announce the U.S. intends to pull out of the […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle mount late-session rally

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle closed moderately higher on Tuesday, following late-day short-covering and bargain hunting after three sessions of losses, said traders. Futures initially drew more support from their lower price compared to last week’s slaughter-ready, or cash, cattle returns. Market advances were limited by funds in CME’s livestock markets […] Read more