CME December 2018 live cattle, with Bollinger (20,2) bands. (Barchart)

U.S. livestock: CME cattle up on technical buying

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, with the most-active December contract rallying from a one-week low on technical buying and anticipation of strong consumer demand, traders said. The market shook off pressure from bearish data in Monday’s U.S. Department of Agriculture cold storage report, which showed total […] Read more












CME October 2018 live cattle, with 20-day moving average in blue. (Barchart.com)

U.S. livestock: Live cattle end mixed

Chicago | Reuters — U.S. live cattle futures ended mixed on Thursday as nearby contracts were anchored by their premium to cash market prices while deferred months firmed to contract highs on a strong demand outlook, traders said. Feeder cattle futures followed deferred live cattle contracts higher, along with continued support from a slumping corn […] Read more