Beef Cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby trading months settled up their three-cent-per-pound daily price limit on Tuesday, partly fuelled by short-covering and futures’ discounts to last week’s cash prices, traders said. October and December live cattle ended at 143.475 and 145.775 cents, respectively (all figures US$). CME’s live cattle trading limit […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle slumped on Friday before the Labour Day holiday, due to lower prices for market-ready (cash) cattle, traders said. CME live cattle were further weakened by Wall Street’s tumble on uncertainty whether the Federal Reserve will raise rates by mid-September. October live cattle ended down 1.125 cents/lb. […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished moderately higher on Thursday, at first lifted by short-covering and technical buying that later gave way to initial lower cash prices, traders said. October ended up 0.375 cent/lb. at 141.6 cents, and December 0.55 cent higher at 143.875 cents. Earlier on Thursday, a small number […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed up more than two per cent Wednesday on short-covering after a third straight session of wholesale pork price gains, traders said. Spot October closed 1.8 cents/lb. higher at 69.775 cents, and December up 1.7 cents at 64.675 (all figures US$). Wednesday morning’s wholesale pork price […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle fell three per cent on Tuesday, their biggest one-day percentage setback since early May, following the U.S. stock market tumble amid global financial concerns, traders said. Spot-October settled 1.875 cents/lb. lower at 141.325 cents, and December down 1.8 cents at 143.625 cents (all figures US$). Wall […] Read more