Hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled lower on Friday, pressured by profit-taking ahead of the U.S. Department of Agriculture’s monthly Cattle-On-Feed report, traders said. Most analysts expect Friday’s report at 2 p.m. CT to show placements of cattle in U.S. feedyards likely grew last month compared with a year ago. […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures touched a new high on Thursday in response to record-high prices for market-ready, or cash, cattle, traders said. Cash cattle in Texas and Kansas fetched $170 per hundredweight (cwt), up $6 from last week, and surpassed an all-time high of $166 set in parts of […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday erased Tuesday’s losses, aided by short-covering and the upswing in wholesale beef prices, traders said. October closed up 1.5 cents, to 168.05 cents per pound, and December was 1.05 cents higher at 168.1 cents/lb. (all figures US$). Wednesday morning’s choice wholesale beef price […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Tuesday on profit-taking after hitting an all-time high earlier in the session, traders said. October closed down 1.35 cents to 166.55 cents per pound, and December was 0.975 cents lower at 167.05 cents/lb. (all figures US$). Upward CME live cattle momentum stalled […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed down slightly on Friday after investors digested this week’s prices for market-ready or cash cattle, traders said. October closed down 0.2 cent per pound to 165.05 cents, and December 0.25 cent lower at 165.05 cents (all figures US$). Cash cattle this week sold steady […] Read more