(CMEGroup.com)

U.S. livestock: CME live cattle limit down as funds sell

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell hard on Friday, with the April contract down by its three-cent-per-pound price limit, on fund selling and anticipation of further weakness in cash values, traders said. April ended three cents/lb. lower at 158.8 cents/lb., and June was down 2.775 cents to 148.8 cents (all […] Read more



(CMEGroup.com)

U.S. livestock: CME live cattle shrug off early losses, hogs mixed

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained slightly on Thursday, reversing initial selling aided short-covering and futures’ discounts to last week’s cash prices, traders said. April ended 0.25 cent per pound higher at 161.8 cents, and June finished up 0.125 cent at 151.575 cents (all figures US$). On Thursday, a packer […] Read more

bulls feeding

Canada’s First Look at Residual Feed Intake EPDs

Canadian Hereford breeders have long believed in the breed’s feed efficiency and now they’re collecting the numbers to back up that claim. Exceptional breeder participation in the Canadian Hereford Association’s (CHA) residual feed intake (RFI) research project has led to Canada’s first-ever expected progeny differences (EPD) for RFI and a related trait called residual intake […] Read more


(CMEGroup.com)

U.S. livestock: CME live cattle retreat while awaiting cash trade

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Wednesday after investors pocketed profits while waiting for this week’s prices for market-ready (cash) cattle, traders said. April closed 1.45 cents per pound lower at 161.55 cents, and June was down 0.875 cent at 151.45 cents (all figures US$). Cash cattle bids surfaced […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle futures buck early losses, hogs wilt

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Tuesday following improved wholesale beef values and futures’ discount to last week’s cash prices, traders said. April closed 0.55 cent per pound higher at 163 cents, and June was up 0.575 cent at 152.325 cents (all figures US$). Tuesday morning’s choice wholesale beef […] Read more