(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle hold modest gains

Chicago | Reuters — Chicago Mercantile Exchange nearby live cattle contracts on Monday settled with modest gains, supported by their discounts to last week’s futures prices and robust wholesale beef demand, said traders. They said profit-taking, after futures spiked to new highs earlier in the session, capped nearby market advances and pressured other trading months. […] Read more

U.S. livestock: Live cattle hit one-year high on fund buying

U.S. livestock: Live cattle hit one-year high on fund buying

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Friday notched a one-year high for a third straight day, with strength from fund buying during the month’s final trading session, traders said. They said brisk wholesale beef demand and deferred-month futures’ discounts to this week’s cash prices helped drive contracts to fresh highs. Funds […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cash prices propel live cattle to one-year high

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Wednesday reached its highest level in a year, ignited by short-covering and futures’ discounts to initial cash prices, traders said. They said bargain buying briefly sent some deferred live cattle months to fresh highs and up their three-cents-per-pound daily price limit (all figures US$). April […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Strong beef demand lifts live cattle to one-year high

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Tuesday spiked to their highest since mid-April 2016, driven by improved wholesale beef demand that may underpin cash prices this week, said traders. They said profit-taking pulled back-month futures down from new contract highs achieved earlier in the session. April live cattle closed 0.35 cent/lb. […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle climb seventh straight session

Chicago | Reuters — Chicago Mercantile Exchange live cattle rose on Monday for the seventh consecutive session, boosted by improved wholesale beef demand and futures’ discounts to recent cash prices, traders said. They said speculative buying and buy stops drove deferred contracts to fresh highs. April live cattle closed 1.05 cents/lb. higher at 126.425 cents […] Read more






(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle up for fourth straight session

Chicago | Reuters — Chicago Mercantile Exchange live cattle rose for a fourth consecutive session on Monday, fueled by short-covering and futures’ discounts to last week’s cash prices, said traders. Last weekend’s news that China offered to lift its ban on U.S. beef helped spike Chicago Mercantile Exchange over one per cent on Monday. But, […] Read more