Chicago | Reuters –– U.S. live cattle futures surged to the highest levels in 14 months on Wednesday, lifted by investment fund buying and steep gains at a weekly online cash cattle auction, traders and analysts said. Chicago Mercantile Exchange feeder cattle rose by as much as three per cent while lean hogs were mostly […] Read more
U.S. livestock: Live cattle hit 14-month high on cash gains
U.S. livestock: Live cattle hit two-month high on cash optimism
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to two-month highs on Tuesday as wholesale beef prices extended gains, stoking optimism for higher prices this week in Plains cash cattle markets, traders and analysts said. Feeder cattle futures also were higher, while lean hogs fell for the fifth straight session. “There continues […] Read more
U.S. livestock: Deferred cattle hit contract highs
Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mostly higher on Monday, with deferred months for both live and feeder cattle hitting contract highs on spreading and investment fund buying, traders and analysts said. Lean hog futures were largely lower, extending losses to the fourth straight session in a technical selloff. Most-active CME […] Read more
U.S. livestock: Cattle hit new highs on technical buying, beef gains
Chicago | Reuters — U.S. live cattle futures climbed to a fresh seven-week high on Friday while feeder cattle reached the highest levels since August on support from technical buying and gains in wholesale beef prices, traders said. Chicago Mercantile Exchange futures tracked gains earlier this week in Plains cash cattle markets, with meat packers […] Read more
U.S. livestock: Live cattle hit seven-week high on packer margins
CORRECTED, March 17 — Chicago | Reuters — U.S. live cattle futures rose to a seven-week high on Thursday, boosted by recent gains in beef prices that increased profit margins for meat packers, traders and analysts said. Technical buying also was noted, with some investors buying back positions in front-month Chicago Mercantile Exchange April live […] Read more
U.S. livestock: Cattle jump on gains in cash prices, wholesale beef
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose about one per cent on Wednesday, rebounding from declines in the previous session on the back of higher cash cattle trades in the southern U.S. Plains, traders and analysts said. Beef packers paid higher values for cattle to take advantage of big profit margins […] Read more
U.S. livestock: Cattle decline on profit-taking
Chicago | Reuters — U.S. cattle futures declined on Tuesday, with live cattle easing one per cent as traders locked in profits following recent steep gains and amid uncertainty over how cash markets would develop this week, traders and analysts said. Lean hog futures climbed to a three-week high at the Chicago Mercantile Exchange, boosted […] Read more
U.S. livestock: Cattle gain on higher beef prices, lower corn
Chicago | Reuters — U.S. cattle futures rose about one per cent on Friday, with feeder cattle extending gains to the third straight session as wholesale beef prices rose and corn prices fell. Higher prices for meat and lower prices for animal feed boost profits in the cattle sector. Greening pastures also increased demand for […] Read more
Oklahoma wildfires kill thousands of pigs
Reuters — Wildfires devastated a Smithfield Foods hog farm in Laverne, Oklahoma, killing at least several thousand pigs, company and local officials said Friday. The exact number of swine killed in the Oklahoma fire, which began on Monday, was not immediately known. Smithfield did not say how many died in the blaze, but said no […] Read more
U.S. livestock: Feeder cattle up one per cent
Chicago | Reuters — U.S. feeder cattle futures gained one per cent and live cattle futures were narrowly higher on Thursday amid rising demand for animals, especially for grazing, traders and analysts said. Greening pastures in the Plains region boosted demand for lighter-weight cattle to feed on grass, with beef packers aggressively buying slaughter-weight cattle […] Read more
Canadian Cattlemen Presents: Depth of Field
