(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rise with cash bids

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday, supported by short-covering after packers hiked bids for unsold market-ready (cash) cattle, traders said. Spot-August futures closed 1.225 cents/lb. higher at 146.475 cents, and October 1.175 cents higher at 146.325 cents (all figures US$). Processors in Kansas and Texas on Thursday […] Read more

(Photo courtesy Canada Beef Inc.)

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

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled mixed on Wednesday after investors bought the August contract and sold deferred months prompted by the morning’s wholesale beef price increase, traders said. Spot-August futures closed 0.45 cent/lb. higher at 148.675 cents, and October was down 0.025 cent at 148.175 cents (all figures US$). Wednesday […] Read more


U.S. livestock: Burdensome supply worries drag down CME hog futures

Chicago/Reuters – Chicago Mercantile Exchange lean hogs closed lower on Friday as hefty supplies continued to pressure cash and wholesale pork values, traders and analysts said. August ended down 1.175 cents per lb at 78.500 cents, and October 1.975 cents lower at 63.725 cents. Market-ready, or cash, hogs in the western Midwest sold at $73.63 per […] Read more

U.S. livestock: CME live cattle futures finish mostly weak; hogs lower

Chicago/Reuters – Most Chicago Mercantile Exchange live cattle contracts ended weak on Thursday, after investors sold deferred months and bought August led by near-term bullish fundamentals, traders said. August closed up 0.300 cent per lb at 145.225 cents, October down 0.025 cent at 146.450 cents and December 0.150 cent lower at 148.125 cents. Market-ready, or […] Read more


U.S. livestock: CME live cattle futures weak ahead of cash prices

U.S. livestock: CME live cattle futures weak ahead of cash prices

Chicago/Reuters – Chicago Mercantile Exchange live cattle closed down slightly on Wednesday as investors await this week’s cash sales, traders said. August closed down 0.125 cent per lb at 144.925 cents, and October 0.325 cent lower at 146.475 cents. Bids for market-ready, or cash, cattle in Kansas and Texas were at $143 per cwt versus […] Read more

U.S. livestock: Beef price turnaround rallies CME live cattle futures

U.S. livestock: Beef price turnaround rallies CME live cattle futures

Feeder cattle futures close sharply higher, strong lean hog futures settlement

Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts finished in positive territory on Tuesday for the first time in five sessions, fuelled by active short-covering following the recent wholesale beef price rise, traders and analysts said. August closed 2.025 cents per lb higher at 145.050 cents, and October 2.825 cents at 146.800 cents. The morning’s […] Read more


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U.S. livestock: CME live cattle finish flat-lower after choppy session

Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts settled flat to moderately lower following an up-and-down day on Monday, after traders sold deferred contracts and bought August because of its discount to last week’s cash prices, traders and analysts said. Short-covering and the morning’s wholesale beef price uptick at times helped underpin the nearby trading […] Read more

U.S. livestock: CME live cattle futures extend losses ahead of USDA reports

U.S. livestock: CME live cattle futures extend losses ahead of USDA reports

Chicago/Reuters – Chicago Mercantile Exchange live cattle stretched their losing streak to four days on Friday after investors tweaked positions before the government cattle reports due later in the afternoon, traders said. The U.S. Department of Agriculture’s monthly Cattle-On-Feed report was due at 2 p.m. CDT (1900 GMT). At the same time, USDA will issue […] Read more


Photo: File

U.S. livestock: Lower cash prices sink CME live cattle for 3rd straight day

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures slid for a third day in a row on Thursday, hitting 13-month lows in those sessions, following preliminary cash price weakness, traders said. August closed 1.150 cents per lb lower at 143.350 cents, and October was down 1.800 cents at 144.650 cents. On Thursday, market-ready, or cash, […] Read more

Photo: Thinkstock

U.S. Livestock: CME live cattle again sag to 13-month low as beef demand fades

Chicago/Reuters – Chicago Mercantile Exchange live cattle sank to a 13-month low for a second straight session on Wednesday as wholesale beef demand continued to flounder seasonally, traders said. August closed 0.650 cent per lb lower at 144.500 cents, and October down 0.825 cent at 146.450 cents. Wednesday morning’s wholesale choice beef price, or cutout, […] Read more