Tag Archives cattle futures

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher for a fifth successive session on Thursday, driven by lighter cattle weights and the morning’s firm wholesale beef prices, traders said. June live cattle closed 2.175 cents/lb. higher at 119.625 cents, and August ended up 2.125 cents at 117.425 cents (all figures US$). […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday gained for a fourth day in a row, after technical buying and futures’ discounts to last week’s cash prices offset early-session selling, traders said. June live cattle closed 1.075 cents/lb. higher at 117.45 cents, and August ended up 0.95 cent at 115.3 cents […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday reversed some of Thursday’s steep losses, helped by short-covering after investors squared positions on the last trading session for the month, traders said. April live cattle, which expired at noon CT, settled 0.25 cent/lb. higher at 123.1 cents (all figures US$). June, the […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled lower on Wednesday after sluggish wholesale beef demand renewed expectations for weak cash prices by Friday, traders said. Short-covering and bargain hunting freed contracts from session lows, they said. April live cattle, which will expire on Friday, closed 0.8 cent/lb. higher at 126 cents, […] Read more