(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle finish mostly higher

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts landed in positive territory on Monday, after investors bought deferred months and simultaneously sold June futures in a trading strategy known as bear spreading, traders said. June live cattle closed down 0.4 cent/lb. at 123.025 cents (all figures US$). August ended up 0.75 cent, […] Read more






(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle climb for sixth straight session

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday stretched their consecutive win streak to six sessions, helped by optimism for cash prices by late afternoon that offset stagnant wholesale beef demand, traders said. June live cattle closed 1.1 cents/lb. higher at 120.725 cents, and August ended up 0.475 cent at 117.9 […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rally fifth day in a row

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher for a fifth successive session on Thursday, driven by lighter cattle weights and the morning’s firm wholesale beef prices, traders said. June live cattle closed 2.175 cents/lb. higher at 119.625 cents, and August ended up 2.125 cents at 117.425 cents (all figures US$). […] Read more