(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





(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME hogs notch three-month high

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures hit a three-month high on Friday, with help from buy stops and technical buying, traders said. December futures led advances after investors bought the contract and simultaneously sold deferred months. December hogs, which will expire on Wednesday, closed 1.05 cents/lb. higher at 56.725 cents (all […] Read more