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

U.S. livestock: Live cattle hit two-month high on cash optimism

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to two-month highs on Tuesday as wholesale beef prices extended gains, stoking optimism for higher prices this week in Plains cash cattle markets, traders and analysts said. Feeder cattle futures also were higher, while lean hogs fell for the fifth straight session. “There continues […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Deferred cattle hit contract highs

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mostly higher on Monday, with deferred months for both live and feeder cattle hitting contract highs on spreading and investment fund buying, traders and analysts said. Lean hog futures were largely lower, extending losses to the fourth straight session in a technical selloff. Most-active CME […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle hit new highs on technical buying, beef gains

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Chicago | Reuters — U.S. live cattle futures climbed to a fresh seven-week high on Friday while feeder cattle reached the highest levels since August on support from technical buying and gains in wholesale beef prices, traders said. Chicago Mercantile Exchange futures tracked gains earlier this week in Plains cash cattle markets, with meat packers […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Live cattle hit seven-week high on packer margins

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CORRECTED, March 17 — Chicago | Reuters — U.S. live cattle futures rose to a seven-week high on Thursday, boosted by recent gains in beef prices that increased profit margins for meat packers, traders and analysts said. Technical buying also was noted, with some investors buying back positions in front-month Chicago Mercantile Exchange April live […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle jump on gains in cash prices, wholesale beef

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose about one per cent on Wednesday, rebounding from declines in the previous session on the back of higher cash cattle trades in the southern U.S. Plains, traders and analysts said. Beef packers paid higher values for cattle to take advantage of big profit margins […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

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

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle on Monday rose for a fourth consecutive session, with strength from buy stops and futures’ discounts to last week’s cash prices, said traders. They said profit-taking and caution ahead of this week’s cash returns pulled contracts from session highs. Monday was the final day in which […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle up one per cent

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Chicago | Reuters — U.S. feeder cattle futures gained one per cent and live cattle futures were narrowly higher on Thursday amid rising demand for animals, especially for grazing, traders and analysts said. Greening pastures in the Plains region boosted demand for lighter-weight cattle to feed on grass, with beef packers aggressively buying slaughter-weight cattle […] Read more

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