(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle up fourth straight day

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended a winning streak to four sessions on Thursday with help from better-than-expected cash prices and firm wholesale beef values, traders said. June live cattle, which expired at noon CT, closed 1.1 cents/lb. higher at 120 cents (all figures US$). Most actively traded August ended […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle up on short-covering, hogs mostly higher

Chicago | Reuters — U.S. live cattle futures gained for the second straight session on Tuesday, rising on short-covering and bull-spreading amid expectations for gains in cash cattle prices this week, traders and analysts said. A rebound in stock markets following declines tied to Britain’s decision in a referendum last week to exit the European […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle tumble, hogs decline on liquidation after Brexit

Chicago | Reuters –– U.S. live cattle tumbled more than two per cent on Friday, extending the week’s losses to the largest in about two months, as investors liquidated holdings following Britain’s referendum vote to exit the European Union, traders and analysts said. Feeder cattle futures also fell sharply while lean hogs notched smaller declines […] Read more



U.S. livestock: Hogs tumble most since March

Chicago | Reuters — U.S. lean hog futures plummeted by two per cent or more on Wednesday, notching their largest daily declines since March on technical selling and investment fund liquidation, traders and analysts said. Traders also were taking profits in hogs following their 1-1/2-year highs touched last week and ahead of a quarterly U.S. […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Technical buying rallies CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday reversed some of Monday’s losses, aided by short-covering and technical buying, traders said. Prior to Tuesday’s session, CME live cattle showed a Relative Strength Index (RSI) of 28. A reading below 30 suggests a market is technically oversold and subject to an upward […] Read more