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U.S. livestock: Cattle, hogs rise on investment fund buying

Chicago | Reuters –– U.S. livestock futures rose on Wednesday, with lean hogs bouncing from Tuesday’s roughly three-week low on technical and investment fund buying, traders and analysts said. Live cattle futures climbed to a 1-1/2 week high at the Chicago Mercantile Exchange, further buoyed by positioning ahead of a monthly U.S. Department of Agriculture […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle surge on technical buying, packer demand

Chicago | Reuters — Cattle futures jumped the most in more than a month on Monday, buoyed by technical short covering and optimism that demand from beef packers that resulted in last week’s large cattle slaughter will continue this week, traders and analysts said. Front-month June live cattle futures briefly rose by their daily three-cent […] Read more




(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle drop on weak cash prices, big supply

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped for a third straight session on Wednesday on weakening cash cattle prices and plentiful supplies of market-ready animals, traders said. Actively traded CME August live cattle futures settled 1.35 cents lower at 99.05 cents/lb., its lowest since April 4 (all figures US$). June cattle […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle slump again on falling cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell sharply for a second straight session on Tuesday, pressured by technical selling and weakening cash cattle prices, traders said. Large numbers of slaughter-ready cattle are expected to continue flooding the market over near term and futures prices have slumped in anticipation of a cash […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: June live cattle limit down in technical selloff

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures tumbled two per cent or more on Monday, with the front-month June contract falling by its three-cents per pound daily limit in a technical selloff, traders said. Sufficient cattle supplies and weaker trades last week in U.S. Plains cash steer markets also weighed on futures. […] Read more