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Tag Archives live cattle

(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cash price optimism nudges CME live cattle upward

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained slightly on Tuesday in anticipation of steady-to-higher prices for market-ready, or cash, cattle possibly before Friday, traders said. April closed 0.125 cent/lb. higher at 137.1 cents, and June ended up 0.175 cent to 126.35 (all figures US$). Cash bids surfaced in Texas and Nebraska […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle close mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mixed on Monday, helped by last Friday’s steady-to-better cash prices but pressured by profit-taking on the last trading day of the month, traders said. The February contract, which expired on Monday at noon CT, closed up 1.95 cents/lb. at 139.5 cents (all figures US$). […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: Brisk beef demand pushes CME live cattle higher

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Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts rose on Wednesday, driven by upward-trending wholesale beef values that may underpin prices for market-ready, or cash, cattle by Friday, traders said. Thinly-traded spot February, which will expire on Feb. 29, closed down 0.025 cent/lb. to 136.975 cents (all figures US$). April ended 0.65 […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle move higher with beef prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled higher on Monday, buoyed by the morning’s wholesale beef price turnaround, traders said. Buy stops and fund buying contributed to CME live cattle futures advances, they said. February closed 1.05 cents/lb. higher at 136.425 (all figures US$). April ended at 134.625 cents, up 0.675 […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle close mostly weak before USDA report

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Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts settled lower on Friday, after investors tweaked positions ahead of the afternoon’s U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, traders said. February closed up 0.225 cent/lb. to 135.375 cents, April ended 0.425 cent lower at 133.95 cents and […] Read more

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