U.S. livestock: Cattle ease on technical selling ahead of storm

U.S. livestock: Cattle ease on technical selling ahead of storm

Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Thursday, with live cattle prices easing from recent contract highs on technical selling ahead of a major winter storm forecast to hit U.S. cattle country, traders said. Feeder cattle futures fell to a roughly 1-1/2 week low, pressured in part by rising corn […] Read more






U.S. livestock: Live cattle hit contract highs on storm forecast

U.S. livestock: Live cattle hit contract highs on storm forecast

Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more