Reading Time: < 1 minute Chicago cattle futures fell on Thursday but to a lesser degree compared to Wednesday’s limit-down drop. Most-active December live cattle closed down 1.750 cents to 218.775 cents per pound. February contracts settled at 216.750 cents a pound, down 1.375 cents. Most-active January feeder contracts closed down 4.375 cents at 315.600 cents a pound. March contracts […] Read more
U.S. livestock: Cattle futures slow descent
U.S. livestock: Cattle futures post limit-down losses
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were down by their daily limits on Wednesday, with speculative long liquidation a feature. The December live cattle contract lost 7.250 cents per pound at 220.525 cents. Feeder cattle were down 9.250 cents in the January contract at 319.975 cents per pound. U.S. Agriculture Secretary Brooke Rollins met […] Read more
U.S. livestock: Cattle fall back, hogs continue slide
Reading Time: < 1 minute Chicago cattle futures fell back on Tuesday. Hogs continued to slide. Most-active December live cattle futures closed at 227.775 cents a pound, down 4.425 cents. February contracts lost 5.025 cents to settle at 225.375 cents per pound. Most-active January feeder contracts lost 7.300 cents to close at 329.225 cents a pound. March feeders settled at […] Read more
U.S. livestock: Cattle rally, hogs slide
Reading Time: < 1 minute Chicago cattle futures regained a ground on Monday to maintain a fairly level trajectory after last week’s fall.
U.S. livestock: Cattle slip back, hogs gain
Reading Time: < 1 minute Chicago cattle futures slipped back on Friday after Thursday’s pause. Hog futures crept upward. Most-active December live cattle futures closed at 229.675 cents a pound, down 1.425 cents. February contracts closed at 227.675 cents per pound, down 1.825 cents. Most-traded January feeder cattle futures settled at 331.900 cents per pound, down 2.325 cents. March feeders […] Read more
U.S. livestock: CME cattle futures take a pause after recent slides
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures took a breather on Thursday after falling hard recently on concerns over President Donald Trump’s push to lower U.S. beef prices, traders said. Ranchers continued to oppose Trump’s plan to boost the country’s imports of Argentine beef to reduce U.S. prices and […] Read more
U.S. livestock: Cattle regain ground, hogs dip
Reading Time: < 1 minute Chicago cattle futures regained ground on Wednesday after falling off a cliff late last week. Most-active December live cattle contracts closed at 230.900 cents a pound, up 4.325 cents. February futures settled at 229.450 cents, up 5.350 cents per pound. Most-traded January feeder cattle futures gained 9.150 cents to close at 334.025 cents per pound. […] Read more
U.S. livestock: Feeders continue to fall; live cattle level out
Reading Time: 2 minutes Chicago live cattle futures leveled out to finish on either side of unchanged, Tuesday, after days of precipitous declines. Feeders continued to fall. Most-active December live cattle contracts closed at 226.575 cents a pound, down 0.600 cents. February contracts rose by 0.100 cents to settle at 224.100 cents per pound. Most-traded January feeder cattle futures […] Read more
U.S. livestock: Cattle futures sink on concerns over Trump’s push to lower prices
Reading Time: 2 minutes Chicago | Reuters – U.S. cattle futures tumbled on Monday, extending a steep slide after President Donald Trump complained last week that prices were too high. Traders said they were increasingly expecting that Trump’s administration will encourage more imports of beef and cattle in a bid to offset tight U.S. supplies and bring down prices […] Read more
U.S. livestock: Cattle futures plunge daily limits on beef price fears
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