Daily Network News

More News →

Tag Archives live cattle

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

U.S. livestock: Cattle extend gains on fund buying

By
Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures extended gains on Wednesday, with most live and feeder cattle contracts hitting lifetime highs on investment fund buying as wholesale beef prices also climbed, traders said. The higher cattle prices came despite expectations for weaker trades this week in U.S. Plains cash cattle markets as some beef packers […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle hit 2-1/2-week highs

By
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures jumped to a 2-1/2 week peak on Tuesday while lean hogs were mostly higher on support from investment fund buying linked to big gains in wholesale beef prices, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle futures gained for the fifth straight session, settling […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up for fourth straight session

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle rose for a fourth consecutive session on Monday, fueled by short-covering and futures’ discounts to last week’s cash prices, said traders. Last weekend’s news that China offered to lift its ban on U.S. beef helped spike Chicago Mercantile Exchange over one per cent on Monday. But, […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle extend gains as funds buy

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle rose for a third straight day on Friday with support from fund buying and futures’ discounts to late-afternoon cash price expectations, said traders. They said some market participants sold April futures and simultaneously bought deferred months in a trading strategy known as bear spreading. April live […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Bargain buying rallies CME hogs

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday after bargain buying lifted futures from four-month lows, said traders. They said buy stops and deferred-month technical buying furthered market advances. April hogs ended up 0.3 cent/lb. to 63.925 cents, and May 1.2 cents higher at 69.55 cents (all figures US$). “We […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle end firmer despite cash pessimism

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained modestly on Wednesday, aided by their discounts to this week’s cash price expectations, said traders. They said sufficient supplies and seasonally tepid wholesale beef demand capped market advances. April live cattle closed up 0.05 cent/lb. to 118.275 cents, and June up 0.125 cent to […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures slump on pork demand fears

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Monday, pressured by concerns that the seasonal bump in supplies might further hurt cash prices and curb retail pork buying, said traders. They said sell stops and fund liquidation hastened hog market losses. April hogs ended 0.875 cent/lb. lower at 64.8 cents, and […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cash discounts lift live cattle

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed firmer on Wednesday, with support from short-covering tied to futures’ discounts to preliminary cash prices, said traders. April live cattle closed 0.575 cent/lb. higher at 121.35 cents, and June up 0.25 cent to 111.85 cents (all figures US$). Market-ready, or cash, cattle at Wednesday […] Read more

Latest Market News

More Market News →