Reading Time: < 1 minute Reuters — Most Chicago Mercantile Exchange live cattle and feeder cattle futures contracts fell their respective daily limits on Friday, as efforts by the U.S. to lower historically high beef prices appeared to spark a round of long liquidation by speculators, analysts said. CME benchmark December live cattle futures were down their daily maximum of […] Read more
U.S. livestock: Cattle futures plunge daily limits on beef price fears
U.S. livestock: Cattle futures mixed
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, after dropping sharply the previous session. The December live cattle contract was up by 1.350 cents per pound at 241.175 cents. However, more deferred months were lower. Feeder cattle saw a continuation of Wednesday’s selloff, with the November contract down 2.775 cents at 361.450 […] Read more
U.S. livestock: Live cattle continue higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, seeing a continuation of Monday’s gains as values remain near record highs. The ongoing shutdown of the United States government will likely delay the publication of monthly cattle on feed data scheduled to come out on Friday. However, market expectations are for a […] Read more
U.S. livestock: Live cattle correct higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Monday, taking back some of Friday’s losses amid ideas the declines were overdone. Cattle futures posted limit-down losses on Friday following comments from United States President Donald Trump that he would lower beef prices. Trump also said over the weekend that beef purchases from […] Read more
U.S. livestock: Cattle at fresh highs, hogs weaken
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more
U.S. livestock: Cattle markets up ahead of report
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, with positioning ahead of the U.S. Department of Agriculture’s latest cattle on feed report behind much of the activity. The report came out after the markets closed, with placements in August down 10 per cent on the year at 1.78 million head and marketings […] Read more
U.S. livestock: Cattle markets mostly higher
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mostly higher on Monday, although the nearby October live cattle contract settled with small losses at the final bell. The October live cattle contract lost 0.175 cents per pound at 235.800 cents while the December contract was up 0.125 cents at 237.575 cents. October feeder cattle futures […] Read more
U.S. livestock: Cattle futures climb higher to end week
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, finding some support from fresh details on the U.S. Department of Agriculture’s plans to deal with new world screwworm.
U.S. livestock: Cattle prices down, hogs rise again
Reading Time: < 1 minute Live and cattle futures on the Chicago Mercantile Exchange retreated for a second session, while lean hogs extended their rally. The August live cattle contract declined by 12.5 U.S. cents per hundredweight to end the day at US$223.550 and showing a weekly gain of US$1.350. October live cattle lost 50 cents/cwt. to close at US$219.825, […] Read more
U.S. livestock: Cattle futures down, hogs rise
Reading Time: < 1 minute Live and feeder cattle futures on the Chicago Mercantile Exchange showed small losses on Thursday, while lean hog futures made gains in consecutive sessions. The August live cattle contract declined 22.5 U.S. cents per hundredweight to end the day at US$223.675. Meanwhile, October live cattle dropped 42.5 U.S. cents/cwt to close at US$220.325. August and […] Read more
A message from April Stewart, Country Guide's Associate Editor
