(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle turn lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday gave back some of Wednesday’s gains, pressured by profit-taking and technical selling, said traders. They said early-session futures buying subsided after investors digested this week’s cash prices. February live cattle closed 0.6 cent/lb. lower at 115.075 cents (all figures US$). April ended down […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Fund buying rallies live cattle, lean hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday reversed the prior day’s losses, with strength from technical buying and short-covering, said traders. February live cattle closed 0.8 cent/lb. higher at 115.675 cents (all figures US$). April ended up 0.775 cent at 114.725 cents and above the 10-day moving average of 114.547 […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME lean hogs retreat from four-month high

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs settled lower on Tuesday after profit-taking and fund liquidation dropped futures from an early-session four-month high, said traders. February hogs ended 2.65 cents/lb. lower at 63.5 cents (all figures US$). April closed down 1.175 cents, to 66.9 cents. Both contracts finished below their respective 10-day moving […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Cattle, hog futures mixed on end-of-year positioning

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash markets underpinned prices. But some investors took profits after most-active February futures hit an eight-month high before turning slightly lower. Despite the recent rally, cattle […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle mostly firmer

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mostly higher on Monday after investors sold the December contract and simultaneously bought deferred months in a market strategy known as bear-spreading, said traders. The spreads, along with modest positioning before Friday’s U.S. Department of Agriculture monthly Cattle on Feed report, lifted some back-months […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle score 3-1/2 month high

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday reached their highest level since late August, driven by short-covering following the morning’s strong wholesale beef prices, said traders. Buy stops and technical buying enhanced market advances, they said. December live cattle closed 1.6 cents/lb. higher to 112.325 cents, after breaking through the […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cash price caution pressures CME live cattle

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed weaker on Thursday as investors wait for remaining slaughter-ready, or cash, cattle to change hands by Friday, traders said. December live cattle closed down 0.375 cent/lb. at 110.725 cents, and February was 0.425 cent lower at 113.275 cents (all figures US$). Packers may resist […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle slip on cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts finished in bearish territory on Wednesday, weakened by profit-taking and disappointing early-week cash prices, traders said. December live cattle closed down 0.025 cent/lb. to 111.1 cents, and February down 0.275 cent to 113.7 cents (all figures US$). Cattle at Wednesday morning’s Fed Cattle Exchange (FCE) […] Read more