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(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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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)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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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
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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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.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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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
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures end down, hogs up

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed lower on Monday pressured by concerns about consumer demand and a seasonal uptick in supply, while last week’s higher cash trade limited losses, analysts and traders said. April closed 0.575 cent per pound lower at 162.45 cents and June closed 1.625 cents/lb. lower at 151.75 […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday as expectations of steady-to-higher cash trade later this week lifted futures, traders said. April closed 1.225 cents per pound higher at 163.025 cents and June closed 1.15 cents/lb. higher at 153.375 cents (all figures US$). “The market is anticipating better cash cattle […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock

Que. conciliator to meet with striking Olymel staff

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A conciliator with Quebec’s provincial labour ministry is set to meet Friday with striking employees from meat packer Olymel’s Beauce-region hog slaughter plant. The Vallee-Jonction plant’s 940-odd employees represented by CSN (Confederation des syndicats nationaux) walked off the job on March 18. Union and company officials have been in talks with the provincial conciliator, Jean […] Read more

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