Tag Archives CME

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs finished higher for a fifth straight session on Wednesday, helped by advances in cash and wholesale pork prices, traders said. May closed 1.575 cents per pound higher at 75.325 cents, and June was up 1.3 cents at 81.2 cents (all figures US$). The morning’s average market-ready […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Tuesday, erasing Monday’s losses aided by short-covering and futures’ discounts to cash prices a week ago, traders said. April ended up 0.525 cent per pound to 161 cents, and June 0.85 cent higher at 151.125 cents (all figures US$). Last week, market-ready (cash) […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Monday, partly in response to Friday’s bearish U.S. Department of Agriculture monthly Cattle on Feed report, traders said. Friday’s report showed a bigger-than-anticipated movement of cattle into feedlots last month compared to a year ago. March’s increased placements of heavier cattle could […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed up the three-cent-per-pound price limit Thursday, on higher wholesale beef values and better-than-expected subsequent cash prices, traders said. April and June ended at 159.3 cents and 149.025 cents per pound (all figures US$). CME’s live cattle trading limit will be expanded to 4.5 cents […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished higher on Tuesday, supported by short-covering in the wake of recent market losses, traders said. CME live cattle discounts to last week’s prices for market-ready (cash) cattle provided more support, they said. April closed 0.95 cent per pound higher at 156.3 cents, and June ended […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted steep losses for a second straight session on Monday, partly due to fund liquidation after contracts fell through key technical support levels, traders said. April closed 2.45 cents per pound lower at 155.35 cents (all figures US$). It dropped below the 100-day and 40-day […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell by the three-cent-per-pound price limit Friday on profit-taking and lower cash prices, traders said. April and June closed at 157.8 cents and 149 cents, respectively (all figures US$). CME’s live cattle trading limit will be expanded to 4.5 cents on Monday following futures’ limit-down settlement […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained for the fourth day in a row on Thursday, again helped by their discounts to cash prices, traders said. April ended up 0.075 cent per pound at 160.8 cents and June, 0.325 cent higher at 152 cents (all figures US$). “There was too much […] Read more