(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle, hogs close higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle hit a two-week high Thursday, driven by short-covering and futures’ discounts to this week’s prices for slaughter-ready, or cash, cattle, said traders. Remaining cash prices in parts of the northern U.S. Plains might benefit from tight cattle supplies along with forecasts for heavy snow and high […] Read more

(Lisa Guenther photo)

U.S. livestock: CME live cattle, hogs end mostly firmer

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed firmer on Wednesday as investors digested initial prices for slaughter-ready, or cash, cattle while bracing for hefty supplies ahead, said traders. Market participants are also monitoring forecasts for a weekend snowstorm in the northern U.S. Plains that could disrupt livestock production in the […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle snap back on bargain hunting

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Friday, after short-covering and bargain buying pulled contracts up from Thursday’s seven-week low, said traders. Bullish investors were further drawn to futures’ price value compared to this week’s prices for slaughter-ready, or cash, cattle. April live cattle closed 1.35 cents/lb. higher at 123.125 […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle drop on technical selling

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined for the fourth straight session on Friday, easing on technical selling and bets that cattle prices have likely reached a short-term peak, traders and analysts said. Feeder cattle and lean hog futures were slightly higher, with feeders rebounding from a two-week low. Most-active CME […] Read more


U.S. livestock: Cattle stumble on profit-taking, lower cash trades

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures notched their largest daily losses in nearly a month on Wednesday, pressured by profit-taking and weaker trades in U.S. Plains cash cattle markets, traders said. Feeder cattle futures fell nearly two per cent and lean hogs ebbed from their session highs, with each easing in […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle rally on stronger Plains cash market

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to fresh three-month highs on Friday as firming beef packer bids at U.S. Plains feedlot markets fueled expectations of higher cash cattle sales this week. Tighter supplies of market-ready cattle on feedlot showlists this week helped to support the cash market. Trading later developed […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle advance, anticipating firm cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Wednesday, supported by lagging cattle weights and expectations for higher cash market prices this week. Packers will be battling for a smaller number of market-ready cattle on showlists after recent frigid weather in the U.S. Plains and heavy snow in Iowa impeded […] Read more