(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rebound

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday after short-covering and fund buying pared Wednesday’s losses, said traders. Expectations for steady to weaker prices for slaughter-ready, or cash, cattle by Friday pulled futures from morning highs, they said. December live cattle finished up 0.625 cent/lb. at 116.275 cents, and […] Read more

(File photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle give back some Tuesday gains

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Wednesday after softer wholesale beef demand and this week’s expectations for steady-to-lower cash prices erased some of Tuesday’s rally, said traders. Technical selling further weighed on CME’s live cattle market, they said. December live cattle finished down 0.5 cent/lb. to 115.65 cents […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle extend slide on long liquidation

Chicago | Reuters –– Chicago Mercantile Exchange February live cattle futures fell on Friday for a seventh straight session on technical selling including fund long liquidation and uncertainty about near-term beef demand, traders said. “We have a lot of protein around right now. We have a few holidays later this month to move some of […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle sag for sixth straight session

Chicago | Reuters — Chicago Mercantile Exchange February live cattle futures fell Thursday for a sixth straight session, pressured by fund-driven long liquidation, falling cash cattle prices and softening wholesale beef demand, traders said. “Fund liquidation continues be a factor in the meat complex, although lower product prices are adding justification for the selling at […] Read more


A bacon-wrapped pork chop. (PorkBeInspired.com)

U.S. livestock: Lower cash, pork prices pull down CME hogs

Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished lower on Wednesday, pressured by weaker cash and wholesale pork prices, said traders. Fund liquidation further weighed on the market, they said. December hogs, which will expire on Dec. 14, ended down 0.45 cent/lb. at 63.825 cents (all figures US$). Most actively-traded February closed 1.55 […] Read more