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Tag Archives CME


File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: CME livestock futures turn higher amid rising wholesale prices

By P.J. Huffstutter, Reuters, GFM Network News April 9, 2024
Chicago Mercantile Exchange (CME) cattle futures turned higher on Tuesday, as continued strength in wholesale prices eased concerns about consumer demand - even as investors grew nervous about ongoing inflationary concerns and rising consumer prices, traders said.

Photo: Canada Beef Inc.
Markets, Reuters

U.S. livestock: CME live cattle futures rise on wholesale prices, technical trade

By P.J. Huffstutter, Reuters, GFM Network News April 8, 2024
Chicago Mercantile Exchange (CME) live futures turned higher on Monday, as a flurry of technical trading and strength in wholesale prices helped contracts rebound off recent months' lows, traders said.


(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle tumble ahead of weekend on bird flu fears

By Karl Plume, Reuters, GFM Network News April 5, 2024
Chicago Mercantile Exchange live cattle futures plunged on Friday to the lowest point since mid-January as concerns about beef demand amid reports of avian influenza in cattle sparked fund long liquidation ahead of the weekend.

(Sierrarat/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Live cattle end firm as bird flu selloff seen overdone

By Karl Plume, Reuters, GFM Network News April 5, 2024
Chicago Mercantile Exchange live cattle futures firmed on Thursday in a bargain-buying rebound from the prior session's two-month lows, as some investors deemed the recent drop in prices to be overdone.


Photo: File
Markets, Reuters

U.S. grains: Cattle end lower on beef demand concerns, hogs higher

By Karl Plume, Reuters, GFM Network News April 3, 2024
Chicago Mercantile Exchange live cattle futures fell to a fresh two-month low on Wednesday on technical selling and fund liquidation, as investors gauged whether beef demand would suffer amid recent news of avian influenza in dairy cattle.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle claw back some losses after bird flu selloff

By Karl Plume, Reuters, GFM Network News April 2, 2024
Chicago Mercantile Exchange cattle futures rebounded on Tuesday as traders reassessed the market after worries about cattle infected with avian influenza had triggered a sharp selloff a day earlier.


Photo: Stefanlinton/iStock/Getty Images
Markets, Reuters

U.S. livestock: CME cattle plunge as bird flu fears spark speculative selloff

By Karl Plume, Reuters, GFM Network News April 1, 2024
Chicago Mercantile Exchange live and feeder cattle futures plunged on Monday on market uncertainty following news of a human case of avian influenza in a person who had contact with infected dairy cows.

Prices for feed barley and feed wheat in Alberta are higher than last year.  Photo: Canada Beef
Markets, Reuters

U.S. livestock: CME cattle futures slide to two-month lows

Data signals producers still sending cattle to slaughter instead of rebuilding the U.S. herd

By Reuters, Tom Polansek, GFM Network News March 26, 2024
Chicago Mercantile Exchange cattle futures tanked on Tuesday on fund selling and as markets remained under pressure from bigger-than-expected U.S. feedlot placements, brokers said.


Photo: File
Markets, Reuters

U.S. livestock: CME live cattle reach 5-month peak, end lower in technical setback

By Karl Plume, Reuters, GFM Network News March 14, 2024
Chicago Mercantile Exchange (CME) live cattle futures ended lower on Thursday in a technical and profit-taking setback after rising to five-month highs on firm cash cattle prices, traders said.

Photo: Canada Beef Inc.
Markets, Reuters

U.S. livestock: Cattle futures extend rally on cash market hopes; hogs lower

By P.J. Huffstutter, Reuters, GFM Network News March 13, 2024
Chicago Mercantile Exchange (CME) cattle futures extended their rally on Wednesday, as market hopes for continued gains in the cash market gave prices a strong boost, market analysts said.


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