(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cash prices boost live cattle to 10-month high

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange nearby live cattle contracts on Tuesday climbed to their highest level in 10 months after investors digested last week’s better-than-expected cash prices, traders said. February live cattle closed 1.05 cents/lb. higher at 119.575 cents, and April up 1.075 cents, to 119 cents. “It was a good cash market […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle rally on fund buying, cash optimism

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Friday, rallying from losses in the previous session on the back of investment fund buying and optimism for higher prices in U.S. Plains cash cattle markets, traders said. Feeder cattle prices rose while lean hogs were mostly higher, underpinned […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle gain on bargain-buying

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures gained about one per cent on Monday, rebounding from earlier losses on support from a round of bargain buying, traders and analysts said. Feeders fell to a 3-1/2-week low before reversing higher, while live cattle tested Friday’s multiweek low and then turned higher […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle futures mostly firmer

Reading Time: 2 minutes Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts gained modestly on Friday after some investors sold February futures and bought deferred months prior to similar moves next week, said traders. Monday begins the first of five days in which funds that track the Standard + Poor’s Goldman Sachs Commodity Index sell, or […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle turn lower

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday gave back some of Wednesday’s gains, pressured by profit-taking and technical selling, said traders. They said early-session futures buying subsided after investors digested this week’s cash prices. February live cattle closed 0.6 cent/lb. lower at 115.075 cents (all figures US$). April ended down […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Fund buying rallies live cattle, lean hogs

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday reversed the prior day’s losses, with strength from technical buying and short-covering, said traders. February live cattle closed 0.8 cent/lb. higher at 115.675 cents (all figures US$). April ended up 0.775 cent at 114.725 cents and above the 10-day moving average of 114.547 […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME lean hogs retreat from four-month high

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hogs settled lower on Tuesday after profit-taking and fund liquidation dropped futures from an early-session four-month high, said traders. February hogs ended 2.65 cents/lb. lower at 63.5 cents (all figures US$). April closed down 1.175 cents, to 66.9 cents. Both contracts finished below their respective 10-day moving […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Cattle, hog futures mixed on end-of-year positioning

Reading Time: 2 minutes Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash markets underpinned prices. But some investors took profits after most-active February futures hit an eight-month high before turning slightly lower. Despite the recent rally, cattle […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle score four-month high

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday hit their highest level in four months, partly driven by short-covering and cash price optimism for this week, said traders. December live cattle closed up 1.175 cents/lb. to 113.275 cents (all figures US$). Most actively-traded February ended up 0.725 cent, to 116.225 cents. […] Read more