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

U.S. livestock: Cash price unease weakens CME live cattle

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Thursday, pressured by profit-taking as early-week cash price optimism waned, traders said. April closed 0.85 cent/lb. lower at 135.45 cents, and June ended down 0.3 cent, to 125.625 (all figures US$). Packers are dug in with market-ready, or cash, cattle bids in […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Profit-taking drops CME live cattle

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Wednesday, after investors pocketed profits while waiting for market-ready, or cash, cattle to change hands possibly before Friday, traders said. April closed 0.8 cent/lb. lower at 136.3 cents, and June ended 0.425 cent lower at 125.925 (all figures US$). Cash bids in […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cash price optimism nudges CME live cattle upward

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained slightly on Tuesday in anticipation of steady-to-higher prices for market-ready, or cash, cattle possibly before Friday, traders said. April closed 0.125 cent/lb. higher at 137.1 cents, and June ended up 0.175 cent to 126.35 (all figures US$). Cash bids surfaced in Texas and Nebraska […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle dip while awaiting cash prices

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures posted modest losses on Friday, weighed down by profit-taking while waiting for market-ready, or cash, cattle to change hands later on Friday, traders said. Beginning on Monday, CME Globex livestock futures and options hours will be revised to 8:30 a.m. to 1:05 p.m. CT Monday […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cash price outlook boosts CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts climbed on Thursday, propelled by anticipation of firm cash prices by Friday amid improved wholesale beef demand, traders said. The February contract, which will expire on Monday, closed up 0.9 cent/lb. to 137.875 cents (all figures US$). April ended 1.2 cents higher at 137.35 cents. […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: Brisk beef demand pushes CME live cattle higher

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Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts rose on Wednesday, driven by upward-trending wholesale beef values that may underpin prices for market-ready, or cash, cattle by Friday, traders said. Thinly-traded spot February, which will expire on Feb. 29, closed down 0.025 cent/lb. to 136.975 cents (all figures US$). April ended 0.65 […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Surging beef prices float CME live cattle higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday following a steep rise in wholesale beef values that could help underpin cash prices later this week, traders said. February closed 0.525 cent/lb. higher at 136.95 cents, and April ended at 135.5 cents, up 0.875 cent (all figures US$). The morning’s […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Markets

Pork market looks to improve by spring

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CNS Canada — Canadian pork prices are feeling a modest bump upward as healthy U.S. exports clean up some excess North American pork supplies. Canadian slaughter-weight prices hit their lows in November and December — and since then, they have increased about 30 per cent, according to Brad Marceniuk, a livestock economist for Saskatchewan’s agriculture […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle move higher with beef prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled higher on Monday, buoyed by the morning’s wholesale beef price turnaround, traders said. Buy stops and fund buying contributed to CME live cattle futures advances, they said. February closed 1.05 cents/lb. higher at 136.425 (all figures US$). April ended at 134.625 cents, up 0.675 […] Read more

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