Tag Archives cattle futures

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled higher on Tuesday after a choppy day, partly supported by rising wholesale beef values, traders said. Tuesday morning’s choice wholesale beef price climbed $1.28 per hundredweight (cwt) from Monday to $260.85/cwt (all figures US$). Select cuts gained 20 cents to $248.30, the U.S. Department […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed up sharply on Friday, fuelled by better-than-expected prices for market-ready cattle, traders said. June ended 2.125 cents higher at 151.5 cents per pound, and August 1.55 cents, to 149.825 cents (all figures US$). On Friday, cash cattle in Kansas and Nebraska traded at $161 […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures finished lower Thursday on profit-taking after three consecutive days of gains, traders said. May hogs closed 0.5 cent per pound lower at 79.85 cents, and June down 0.55 cent to 83.5 cents/lb. (all figures US$). Despite strong pork cutout values, investors were nervous about further […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures gained for a third straight session on Wednesday, backed by rising cash and wholesale pork prices, traders said. May hogs closed 1.35 cents higher at 80.35 cents per pound, and June was up 1.3 cents to 84.05 cents/lb. (all figures US$). Wednesday morning’s average market-ready […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, helped by rising wholesale beef values, traders said. June ended 0.725 cent per pound higher at 151.45 cents, and August was up 0.775 cent at 149.9 cents (all figures US$). Tuesday morning’s wholesale choice beef price climbed $1.33 per hundredweight (cwt) […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday, shrugging off Friday’s weakness, helped by short-covering following the turnaround in wholesale beef prices, traders said. Monday morning’s choice wholesale beef price rose $1.70 per hundredweight (cwt) from Friday to $256.34/cwt (all figures US$). Select cuts climbed $1.94, to $245.16, the U.S. […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs settled lower on Friday, pressured by profit-taking before the weekend that snuffed their six-session rally, traders said. May closed 0.95 cents per pound lower at 76 cents, and June was down 0.175 cent at 81.25 cents (all figures US$). Some prospective buyers were leery of deferred […] Read more