(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle finish mostly weak

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed weak on Thursday, after investors sold deferred months and bought February in anticipation of at least steady cash prices by Friday, traders said. Packers in Kansas and Texas on Thursday bid $138/cwt for market-ready, or cash, cattle, which matched last week’s sales, said […] Read more




(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end higher after rocky session

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained moderately on Monday, following an up-and-down session that was ultimately supported by last week’s cash price strength, traders said. February live cattle closed up 0.375 cent/lb., to 135.675 cents, and April ended 0.425 cent higher at 134.425 (all figures US$). “It is a tough […] Read more








(CMEGroup.com)

U.S. livestock: Market uncertainty reverses CME live cattle gains

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, erasing Friday’s advances after investors struggled to find clear direction amid a host of market influences, traders said. February live cattle closed down 0.65 cent/lb. to 131.425 cents, and April ended 0.85 cent lower at 132.225 (all figures US$). “Uncertainty is […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rally ahead of USDA report

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained for a second day in row on Friday, supported by follow-through buying after contracts settled up by their 3-cent-per-lb daily price limit on Thursday, said traders. Investors also tweaked positions before Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report at 2 p.m. CT. At […] Read more