(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle close weak; hogs higher

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed down slightly on Friday after investors digested this week’s prices for market-ready or cash cattle, traders said. October closed down 0.2 cent per pound to 165.05 cents, and December 0.25 cent lower at 165.05 cents (all figures US$). Cash cattle this week sold steady […] Read more

(CMEGroup.com)

U.S. livestock: CME live cattle rally as stock market improves

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply higher on Thursday, partly fueled by Wall Street’s recovery from session lows, traders said. U.S. stocks edged higher in afternoon trading on Thursday, rebounding from earlier declines, as a flurry of positive economic reports eased fears about the potential impact of a weakening […] Read more


(CMEGroup.com)

U.S. livestock: CME live cattle end mostly lower as stocks slide

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts slumped on Friday, pressured by triple-digit Wall Street losses and a firmer U.S. dollar, traders said. U.S. stocks fell on Friday, with the tech sector weighing the most after a chip maker warned of a major pullback in the industry. Continued broader market liquidation […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle fall from record high as stocks plunge

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, off an earlier record high, pressured by profit-taking following Wall Street’s tumble, traders said. U.S. stocks fell nearly two per cent on concerns over the pace of economic growth. Consumer caution about the economy could hurt demand for U.S. goods, including […] Read more