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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

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

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Chicago | Reuters — U.S. livestock futures were mostly higher on Friday, with cattle prices stabilizing after Thursday’s multiweek lows and hogs consolidating in the middle of their recent trading ranges. Most-active Chicago Mercantile Exchange August live cattle settled 0.675 cents higher at 118.175 cents/lb. (all figures US$). June live cattle futures finished 0.8 cent […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle tumble limit down

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Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday finished down their three cents/lb. daily price limit, hit by fund liquidation and lower preliminary cash prices, said traders. June and August closed limit down at 124.5 cents and 117.875 cents, respectively. Both contracts ended below their respective 40-day moving averages of […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures ease on fund selling

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Chicago | Reuters –– U.S. cattle and hog futures fell one per cent or more on Monday, pressured by chart-based and investment fund selling, traders and analysts said. Lower-than-expected prices in cash cattle markets late last week further weighed on futures, even as rising U.S. wholesale beef prices suggested meat demand remained strong. Chicago Mercantile […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle close mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mixed on Thursday after an up-and-down session, supported by futures’ discounts to preliminary cash prices but pressured by profit-taking, traders said. June closed up 0.175 cent/lb. at 131.375 cents, and August down 0.15 cent at 124.025 cents (all figures US$). On Thursday, a small […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle tumble in technical selloff after contract highs

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Chicago | Reuters — U.S. live cattle futures fell more than one per cent on Tuesday, reversing from earlier life-of-contract highs on pressure from investment fund and technical selling, traders and analysts said. Feeder cattle futures declined by their daily price limit of 4.5 cents/lb. while lean hog futures were mostly one per cent higher […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: Cattle extend gains as beef prices rise

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Chicago | Reuters — U.S. cattle futures climbed about one per cent on Monday, with several deferred live cattle contracts notching lifetime highs and front-month feeders hitting a 15-month peak on investment fund buying tied to gains in beef prices. Some cattle futures contracts reversed from earlier small losses at midday, boosted by U.S. Department […] Read more

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