(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle extend slide

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, extending their slide to four straight sessions on declining cash prices and expectations of rising cattle supplies in the next few months. Cash cattle traded lightly in Texas and Kansas, down $1 from last week’s trade, brokers said (all figures US$). “We […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle hit two-month low

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday for a third straight session, pressured by fund-driven long liquidation and expectations of rising supplies ahead based on the U.S. Department of Agriculture’s most recent monthly cattle report, traders said. Declines on Wall Street added to bearish sentiment. The S+P and Nasdaq […] Read more