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(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Sluggish beef demand takes down CME live cattle

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower for a second day in a row on Thursday, pressured by lacklustre wholesale beef demand that could drag down this week’s cash prices, traders said. August closed 0.525 cent/lb. lower at 146.5 cents, and October down 0.8 cent at 149.425 cents (all figures […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower cash-price sentiment weakens CME live cattle

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Chicago | Reuters –– After gaining for the first time in five days on Tuesday, Chicago Mercantile Exchange live cattle futures resumed their downward trend on Wednesday, pressured by expectations for lower cash prices this week, traders said. August closed 0.125 cent/lb. lower at 147.025 cents, and October down 0.1 cent at 150.225 cents (all […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Beef price upswing snaps skid for live cattle

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Chicago | Reuters — For the first time in five sessions Chicago Mercantile Exchange live cattle futures landed in positive territory on Tuesday, helped by the turnaround in wholesale beef values, traders said. August closed 0.55 cent/lb. higher at 147.15 cents, and October up 0.6 cent to 150.325 cents (all figures US$). Tuesday morning’s wholesale […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle down fourth straight session

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Chicago | Reuters — Monday saw Chicago Mercantile Exchange live cattle futures slide for a fourth consecutive session, dragged down by slumping seasonal beef demand that could again pressure cash prices for this week, traders said. August closed down 0.875 cent/lb. to 146.625 cents, and October 0.7 cent lower at 149.75 cents (all figures US$). […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Fundamental woes extend losses for CME live cattle

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Chicago | Reuters — A selloff of Chicago Mercantile Exchange live cattle futures carried over into the third straight session on Friday, pressured by diminished seasonal beef demand and sentiment that cash prices may have topped out, traders said. August closed down one cent per pound at 147.475 cents, and October fell 1.375 cents, to […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted losses on Thursday, hit by slumping wholesale beef demand and initial technical selling, traders said. But, short-covering and hopes of steady-to-better cash prices than last week for unsold cattle freed contracts from morning lows, they said. August closed down 0.525 cent/lb. to 148.475 cents, […] Read more
(Photo courtesy Canada Beef Inc.)
Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle end higher after wild ride

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled higher on Tuesday after a choppy session in which anticipation of stronger cash prices overshadowed slack wholesale beef demand, traders said. August closed up 0.575 cent/lb. at 151.075 cents, and October 0.55 cent higher at 154.025 cents (all figures US$). Fewer market-ready (cash) cattle […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog supplies, post-holiday slump cool CME futures

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Chicago | Reuters — U.S. livestock futures remained mostly sluggish on Monday at the Chicago Mercantile Exchange as traders wrestled with strengthening grain prices, tight supplies of market-ready cattle, and visions of a glut of hogs straining U.S. slaughterhouse capacity in the coming months. Livestock futures trading was relatively light on an historic day at […] Read more

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