(Canada Beef Inc. photo)

U.S. livestock: Improved beef prices take CME live cattle higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, helped by rising wholesale beef values, traders said. June ended 0.725 cent per pound higher at 151.45 cents, and August was up 0.775 cent at 149.9 cents (all figures US$). Tuesday morning’s wholesale choice beef price climbed $1.33 per hundredweight (cwt) […] Read more

(Canada Beef Inc. photo)

U.S. livestock: CME live cattle rebound with beef prices

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday, shrugging off Friday’s weakness, helped by short-covering following the turnaround in wholesale beef prices, traders said. Monday morning’s choice wholesale beef price rose $1.70 per hundredweight (cwt) from Friday to $256.34/cwt (all figures US$). Select cuts climbed $1.94, to $245.16, the U.S. […] Read more






(CMEGroup.com)

U.S. livestock: CME hogs end up sixth straight day on cash prices

Chicago | Reuters — Chicago Mercantile Exchange lean hogs gained for a sixth straight day on Thursday with tight supplies boosting cash hog and wholesale pork values, traders said. May closed 1.625 cents per pound higher at 76.95 cents, and June ended up 0.225 cent, to 81.425 cents (all figures US$). The morning’s average market-ready […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs extend gains with cash, pork prices

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs finished higher for a fifth straight session on Wednesday, helped by advances in cash and wholesale pork prices, traders said. May closed 1.575 cents per pound higher at 75.325 cents, and June was up 1.3 cents at 81.2 cents (all figures US$). The morning’s average market-ready […] Read more


(CMEGroup.com)

U.S. livestock: CME live cattle rebound, hogs move up

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Tuesday, erasing Monday’s losses aided by short-covering and futures’ discounts to cash prices a week ago, traders said. April ended up 0.525 cent per pound to 161 cents, and June 0.85 cent higher at 151.125 cents (all figures US$). Last week, market-ready (cash) […] Read more

(USDA.gov via Flickr)

U.S. livestock: CME live cattle retreat after USDA report

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Monday, partly in response to Friday’s bearish U.S. Department of Agriculture monthly Cattle on Feed report, traders said. Friday’s report showed a bigger-than-anticipated movement of cattle into feedlots last month compared to a year ago. March’s increased placements of heavier cattle could […] Read more