Tag Archives cattle futures

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday stretched their consecutive win streak to six sessions, helped by optimism for cash prices by late afternoon that offset stagnant wholesale beef demand, traders said. June live cattle closed 1.1 cents/lb. higher at 120.725 cents, and August ended up 0.475 cent at 117.9 […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher for a fifth successive session on Thursday, driven by lighter cattle weights and the morning’s firm wholesale beef prices, traders said. June live cattle closed 2.175 cents/lb. higher at 119.625 cents, and August ended up 2.125 cents at 117.425 cents (all figures US$). […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday gained for a fourth day in a row, after technical buying and futures’ discounts to last week’s cash prices offset early-session selling, traders said. June live cattle closed 1.075 cents/lb. higher at 117.45 cents, and August ended up 0.95 cent at 115.3 cents […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday reversed some of Thursday’s steep losses, helped by short-covering after investors squared positions on the last trading session for the month, traders said. April live cattle, which expired at noon CT, settled 0.25 cent/lb. higher at 123.1 cents (all figures US$). June, the […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled lower on Wednesday after sluggish wholesale beef demand renewed expectations for weak cash prices by Friday, traders said. Short-covering and bargain hunting freed contracts from session lows, they said. April live cattle, which will expire on Friday, closed 0.8 cent/lb. higher at 126 cents, […] Read more