Chicago Mercantile Exchange live cattle futures on Tuesday closed higher after wholesale beef prices notched another record high fueled by grilling demand and tight supplies, said traders and analysts. Supermarkets […] Read more
U.S. live cattle jump with new beef price record
U.S. cattle placements rise in April as feed costs subside
The number of cattle placed in U.S. feedlots last month was up 15 per cent from a year earlier, a government report showed Friday, and analysts said reduced feed costs […] Read more
U.S. live cattle futures sag ahead of USDA report
Chicago Mercantile Exchange live cattle futures closed lower on Friday as traders adjusted positions ahead of the U.S. Department of Agriculture monthly cattle-on-feed report that was released after the futures […] Read more
U.S. hog futures climb with rising pork prices
Chicago Mercantile Exchange hog futures closed higher on Thursday, lifted by strong wholesale pork values in tight seasonal supplies, analysts and traders said. CME June hogs settled up 0.95 cent […] Read more
U.S. live cattle futures fall despite record beef prices
Chicago Mercantile Exchange (CME) live cattle futures on Wednesday fell for a fourth straight session as lower cash cattle prices weighed on the market despite record-high beef values, traders and […] Read more
Most U.S. hog futures gain as funds roll positions
Chicago Mercantile Exchange (CME) hog futures settled mostly firm on Tuesday as funds sold the spot-June contract and bought deferred months as dictated by the Goldman Sachs Commodity Index roll. […] Read more
U.S. live cattle futures slump on fund liquidation
Chicago Mercantile Exchange live cattle futures turned sharply lower on Friday pulled down by fund liquidation, traders and analysts said. They said futures felt more pressure from profit-taking after recent […] Read more
U.S. live cattle climb as beef demand surges
Chicago Mercantile Exchange live cattle futures moved higher on Thursday as wholesale beef prices approached an all-time high, fueled by growing grilling demand, said analysts and traders. The wholesale price […] Read more
Higher beef prices lift U.S. live cattle futures
Chicago Mercantile Exchange live cattle futures rallied Wednesday as the wholesale beef price, or cutout, moved sharply higher, said analysts and traders. Wednesday’s beef cutout value jumped to a 10-year […] Read more
Fund selling pulls down most U.S. live cattle futures
Aside from the April contract, Chicago Mercantile Exchange (CME) live cattle futures slumped Tuesday on late-session fund liquidation, traders and analysts said. Futures losses mounted as investors took profits on […] Read more