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

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

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Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed down slightly on Friday after investors tweaked positions in advance of Friday’s government’s monthly Cattle-On-Feed report at 2 p.m. CT. Analysts expect the report to show fewer cattle entered feedlots last month than in September 2014. “We were getting a bit over-bought and […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle close higher, hogs lower

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained on Thursday in anticipation of an increase in prices for market-ready (cash) cattle by Friday, traders said. Investors adjusted positions before Friday’s U.S. Department of Agriculture monthly Cattle on Feed report. USDA will issue the monthly cold storage report on Thursday at 2 p.m. […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle end mixed, hogs weaker

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished mixed on Wednesday stirred by profit-taking and positioning before the sale of cash cattle as early as Thursday, traders said. Spot October closed 0.275 cent/lb. lower at 139.975, and December down 0.025 cent to 143.15 (all figures US$). February and April closed up 0.275 […] Read more
(Subway.ca)
Beef Cattle, Hogs, Livestock, Markets, Poultry/Eggs, Reuters

Subway shifting all U.S. meat supplies to no antibiotics, ever

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Chicago | Reuters –– Sandwich chain Subway will start serving antibiotic-free chicken and turkey at its U.S. restaurants next year, and within the next nine years will stop selling any meat from animals given antibiotics, the company said Tuesday. Rivals such as Chipotle Mexican Grill and McDonald’s have announced similar supply-chain shifts, adding pressure on […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Higher beef prices extend CME live cattle advances

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures landed in positive territory for a third day in a row on Tuesday, driven by upward-trending wholesale beef values that may bode well for cash prices later this week, traders said. Spot October closed 1.975 cents/lb. higher at 140.25, and December up 1.525 cents, to […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle up again as beef quotes rise

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher for a second straight session Monday, supported by the morning’s wholesale beef price increase, traders said. Spot October closed 2.325 cents/lb. higher at 138.275, and December up 2.225 cents to 141.65 (all figures US$). Monday morning’s wholesale choice beef price, or cutout, climbed […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle limit up on strong cash prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed sharply on Friday, with October settling up the three cents per pound daily price limit, ignited by short-covering after initial cash prices beat expectations. Spot October closed at 135.95 cents/lb. and December rose 2.875 cents, to 139.425 (all figures US$). Live cattle’s trading limit […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price caution undercuts CME live cattle

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Thursday after traders took profits while waiting for this week’s cash cattle trade to develop, traders said. Spot October closed 0.8 cent/lb. lower at 132.95 cents, and December down 0.875 cent, to 136.55 (all figures US$). “It was a quiet day with […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Higher cash price outlook lifts CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday, supported by rising wholesale beef values that could help strengthen cash prices as early as Thursday, traders said. Spot October closed 1.325 cents/lb. higher at 133.75 cents, and December up 0.225 cent to 137.425 (all figures US$). Wednesday afternoon’s wholesale choice beef […] Read more

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