(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end higher after rocky session

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained moderately on Monday, following an up-and-down session that was ultimately supported by last week’s cash price strength, traders said. February live cattle closed up 0.375 cent/lb., to 135.675 cents, and April ended 0.425 cent higher at 134.425 (all figures US$). “It is a tough […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle sag, but off lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures lost ground on Friday, pressured by sell stops and fund liquidation before giving way to cash price optimism that lifted contracts from session lows, traders said. The U.S. Department of Agriculture will issue the twice-annual cattle inventory report on Friday at 2 p.m. CT. February […] Read more


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U.S. cattle herd growth to five-year high spells cheaper beef ahead

Chicago | Reuters — Beef prices will keep trending lower, analysts said after the government’s semi-annual cattle inventory report on Friday showed the U.S. cattle herd as of Jan. 1 grew three per cent from a year ago, to a five-year high. Healthy pastures, more-affordable grain and record-high cattle prices a year ago encouraged ranchers […] Read more



U.S. livestock: Cash price caution weighs on CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures sagged on Thursday on profit-taking and uncertainty over the price of cash cattle on Friday, traders said. February live cattle closed down 0.3 cent/lb. at 135.425 cents, and April ended 0.725 cent lower at 134.525 (all figures US$). Market-ready, or cash, cattle bids in Texas […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cash price optimism lifts CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday, driven by short-covering and expectations that some processors by Friday might pay the same or more for cash cattle than last week, traders said. February live cattle closed 2.7 cents/lb. higher at 135.725 cents, and April ended up 1.85 cents to […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Equities upswing pulls CME live cattle higher

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished higher on Tuesday, with strength from the U.S. stock market rally that was partly fueled by the rebound in crude oil prices, traders said. February live cattle closed up 1.6 cents/lb. to 133.025 cents, and April ended 1.175 cents higher at 133.4 (all figures […] Read more



(CMEGroup.com)

U.S. livestock: Market uncertainty reverses CME live cattle gains

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, erasing Friday’s advances after investors struggled to find clear direction amid a host of market influences, traders said. February live cattle closed down 0.65 cent/lb. to 131.425 cents, and April ended 0.85 cent lower at 132.225 (all figures US$). “Uncertainty is […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rally ahead of USDA report

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained for a second day in row on Friday, supported by follow-through buying after contracts settled up by their 3-cent-per-lb daily price limit on Thursday, said traders. Investors also tweaked positions before Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report at 2 p.m. CT. At […] Read more