(CMEGroup.com)

U.S. livestock: CME live cattle retreat while awaiting cash trade

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Wednesday after investors pocketed profits while waiting for this week’s prices for market-ready (cash) cattle, traders said. April closed 1.45 cents per pound lower at 161.55 cents, and June was down 0.875 cent at 151.45 cents (all figures US$). Cash cattle bids surfaced […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle futures buck early losses, hogs wilt

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Tuesday following improved wholesale beef values and futures’ discount to last week’s cash prices, traders said. April closed 0.55 cent per pound higher at 163 cents, and June was up 0.575 cent at 152.325 cents (all figures US$). Tuesday morning’s choice wholesale beef […] Read more

(CMEGroup.com)

U.S. livestock: CME live cattle futures end down, hogs up

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed lower on Monday pressured by concerns about consumer demand and a seasonal uptick in supply, while last week’s higher cash trade limited losses, analysts and traders said. April closed 0.575 cent per pound lower at 162.45 cents and June closed 1.625 cents/lb. lower at 151.75 […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end up, hogs mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday as expectations of steady-to-higher cash trade later this week lifted futures, traders said. April closed 1.225 cents per pound higher at 163.025 cents and June closed 1.15 cents/lb. higher at 153.375 cents (all figures US$). “The market is anticipating better cash cattle […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

Que. conciliator to meet with striking Olymel staff

A conciliator with Quebec’s provincial labour ministry is set to meet Friday with striking employees from meat packer Olymel’s Beauce-region hog slaughter plant. The Vallee-Jonction plant’s 940-odd employees represented by CSN (Confederation des syndicats nationaux) walked off the job on March 18. Union and company officials have been in talks with the provincial conciliator, Jean […] Read more




(CMEGroup.com)

U.S. livestock: CME hogs close firm after USDA report

Chicago | Reuters — Chicago Mercantile Exchange lean hogs gained modestly on Monday, helped by short-covering and deferred-month buying pegged to Friday’s U.S. Department of Agriculture quarterly hog report, traders said. Last Friday’s report showed active herd expansion during the December-February quarter that slowed as producer profits waned. Nearby hog futures bounced around throughout the […] Read more