Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.
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U.S. livestock: Cattle futures lower, hogs mixed on technical trading
Traders expect this week's prices in cash market to be higher than last week
U.S. livestock: CME cattle futures turn lower on profit-taking
Lean hogs also turn lower after recent rally faced fundamental resistance
Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.
U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak
Lean hog futures ended modestly higher; firm cash hog prices lent support
CME April live cattle futures LCJ24 settled down 0.450 cent at 181.225 cents per pound, retreating after rising to 183.450 cents, the contract's highest point since Nov. 7. Last week's firm cash cattle prices and technical buying underpinned the market, traders said.
U.S. livestock: Cattle, hogs sag as traders track US slaughtering
Data largely neutral for cattle futures, analysts say
Chicago Mercantile Exchange cattle futures eased on Friday as the market retreated from November highs, and hog futures also closed lower.
U.S. livestock: Follow-through buying carries CME cattle to eight-week highs
Cattle lighter after severe winter weather traders say
Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.
U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter
Lean hogs ended slightly up after early plunge
Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.
U.S. livestock: live cattle, lean hogs fall amid weather, demand woes
Feeder cattle firmed amid dropping corn futures
Chicago Mercantile Exchange lean hog and live cattle futures were mostly down on Friday as concerns about winter weather and sluggish export demand had some investors shedding their positions.
U.S. livestock: Cattle futures rise as icy weather threatens US herds
Lean hog futures also finished higher
Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.
U.S. livestock: Live cattle dip in nearby contract; US beef plants reopen
Deferred live cattle futures and feeder cattle futures finished stronger
Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.
U.S. livestock: CME live cattle retreat from one-month high, traders eye US weather
Lean hogs rose on hopes that U.S. cash prices had reached bottom
Live cattle futures on Monday rose to their highest level in more than a month before retreating as traders waited to see the impact of wintry weather on livestock in the central U.S.