Tag Archives cattle futures

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained moderately on Monday, following an up-and-down session that was ultimately supported by last week’s cash price strength, traders said. February live cattle closed up 0.375 cent/lb., to 135.675 cents, and April ended 0.425 cent higher at 134.425 (all figures US$). “It is a tough […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures lost ground on Friday, pressured by sell stops and fund liquidation before giving way to cash price optimism that lifted contracts from session lows, traders said. The U.S. Department of Agriculture will issue the twice-annual cattle inventory report on Friday at 2 p.m. CT. February […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday, driven by short-covering and expectations that some processors by Friday might pay the same or more for cash cattle than last week, traders said. February live cattle closed 2.7 cents/lb. higher at 135.725 cents, and April ended up 1.85 cents to […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished higher on Tuesday, with strength from the U.S. stock market rally that was partly fueled by the rebound in crude oil prices, traders said. February live cattle closed up 1.6 cents/lb. to 133.025 cents, and April ended 1.175 cents higher at 133.4 (all figures […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, erasing Friday’s advances after investors struggled to find clear direction amid a host of market influences, traders said. February live cattle closed down 0.65 cent/lb. to 131.425 cents, and April ended 0.85 cent lower at 132.225 (all figures US$). “Uncertainty is […] Read more