(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle tumble in technical selloff after contract highs

Chicago | Reuters — U.S. live cattle futures fell more than one per cent on Tuesday, reversing from earlier life-of-contract highs on pressure from investment fund and technical selling, traders and analysts said. Feeder cattle futures declined by their daily price limit of 4.5 cents/lb. while lean hog futures were mostly one per cent higher […] Read more


(Canada Beef Inc. photo)

U.S. livestock: Cattle extend gains as beef prices rise

Chicago | Reuters — U.S. cattle futures climbed about one per cent on Monday, with several deferred live cattle contracts notching lifetime highs and front-month feeders hitting a 15-month peak on investment fund buying tied to gains in beef prices. Some cattle futures contracts reversed from earlier small losses at midday, boosted by U.S. Department […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle climb to one-month top

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts hit a one-month high on Friday, driven by fund buying and short-covering, said traders. Futures’ discounts to this week’s better-than-anticipated cash prices generated more buying. June closed 3.4 cents/lb. higher at 130.825 cents, and August 1.35 cents higher at 126.05 cents (all figures US$). Live […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle limit up on strong cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled up their three cent per pound daily price limit on Thursday, fueled by short-covering following stronger-than-expected cash prices, said traders. Fund buying and futures’ discounts to this week’s cash returns enhanced market gains, they said. June and August closed limit up at 127.425 and 124.7 […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Fund buying extends live cattle gains

Chicago | Reuters — The previous session’s Chicago Mercantile Exchange live cattle advances carried over into Wednesday, with support from fund buying and short-covering on the final trading session of the month, said traders. Futures’ discounts to this week’s initial cash prices provided additional market support, they said. June ended up 1.45 cents/lb. to 124.425 […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle recoup some recent losses

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Tuesday reversed some of their recent losses, helped by short-covering and futures’ discounts to this week’s expected cash prices, said traders. They said some investors sold June futures and simultaneously bought deferred months ahead of the first notice day for June cattle deliveries on Monday. […] Read more