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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cash prices push CME live cattle higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures moved higher for a fourth straight session on Thursday, driven by this week’s cash price surge, traders said. February live cattle closed 0.75 cent/lb. higher at 121.025 cents, and April closed up 0.475 cent, to 119.875 cents (all figures US$). Both contracts notched 10-month highs […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up for third straight day

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday for a third day in a row, following the  morning’s wholesale beef price upswing and initial cash price strength, traders said. February live cattle closed 0.7 cent/lb. higher at 120.275 cents, and April closed up 0.4 cent to 119.4 cents (all […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

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

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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.)
Livestock, Markets, Reuters

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

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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
(Lisa Guenther photo)
Livestock, Markets, Reuters

U.S. livestock: Cattle ease on technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures fell more than one per cent on Thursday, extending losses to the second straight session on a technical sell-off as wholesale beef prices also continued to lose ground, traders and analysts said. Lean hogs were mixed at the Chicago Mercantile Exchange, with some front-month hog futures contracts rising […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Profit-taking, beef quotes drop CME live cattle

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were pressured on Wednesday by profit-taking, partly in response to sharply lower wholesale beef values, said traders. February live cattle closed 0.4 cent/lb. lower at 119.125 cents (all figures US$). CME live cattle will return to its normal three-cent trading limit on Thursday after failing […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle limit up on technical buying

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures climbed to a nine-month high on Tuesday, extending gains from the previous session on chart-based and investment fund buying, traders and analysts said. Feeder cattle and lean hog futures also rose at the Chicago Mercantile Exchange, with feeders reaching the highest levels since August. Trading limits in […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

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

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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.)
Livestock, Markets, Reuters

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

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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.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle turn lower

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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

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