(Photo courtesy Canada Beef Inc.)

U.S. livestock: Profit-taking ends CME live cattle’s win streak

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Monday, hit by profit-taking after gaining five days in a row driven by potential supply shortages as inclement weather moves across the U.S. Plains, traders said. Wintry weather typically slows down cattle weight gains while creating problems for employees and livestock to […] Read more



(Canada Beef Inc. photo)

U.S. livestock: Strong beef prices lift CME live cattle again

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures notched gains for a fifth consecutive session on Thursday, fuelled by the recent rise in wholesale beef prices in anticipation of tight near-term supplies, traders said. CME livestock futures closed at noon CT in observance of the Christmas holiday. Spot December settled 2.5 cents/lb. higher […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rally for fourth straight session

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed for a fourth consecutive session on Wednesday, with December up the three-cent/lb. price limit, as the southern Plains braces for a weekend winter storm that drove cash and wholesale beef prices higher, traders said. Spot December settled limit up at 128.6 cents/lb. (all figures […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live, feeder cattle extend rally

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Monday ended sharply higher, with the February contract up the expanded 4.5-cent/lb. price limit, on more short-covering following Friday’s bullish government cattle report, traders said. The U.S. Department of Agriculture’s Cattle on Feed report on Friday showed the number of cattle placed into U.S. […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rally limit-up before report

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled up by their three-cent/lb. price limit Friday, driven by short-covering and technical buying, traders said. Investors tweaked positions ahead of Friday’s U.S. Department of Agriculture monthly Cattle on Feed report at 2 p.m. CT. Spot December ended at 120.15 cents, and February 125.525 cents, […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle sink to three-year bottom

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday slid to their lowest level in three years, pressured by more losses price-wise for unsold cash cattle, traders said. Spot December ended down 2.825 cents/lb. to 117.15 cents, and made a new contract low of 116.975 (all figures US$). February finished 2.45 cents […] Read more