Chicago | Reuters — Chicago Mercantile Exchange live cattle finished higher on Monday, buoyed by speculation that cash and wholesale beef prices may bottom out soon, traders said. June closed […] Read more
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Tag Archives beef prices
U.S. livestock: Speculative buying rallies CME live cattle
U.S. livestock: CME live cattle slump with beef prices, but off lows
Chicago | Reuters — Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by profit-taking and a wholesale beef price reversal after Thursday’s spike, traders said. Futures remained undervalued […] Read more
U.S. livestock: CME live cattle jump on beef price turnaround
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Thursday on short-covering after wholesale beef values turned higher, traders said. June closed up 0.725 cent per pound, […] Read more
U.S. livestock: CME live cattle fall as beef demand fades
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday closed lower following sliding wholesale beef prices, traders said. June closed down 0.8 cent per pound to 152.5 […] Read more
U.S. livestock: CME live cattle close mostly weak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures Tuesday settled mostly weaker on profit-taking and the morning’s soft wholesale beef prices, traders said. The reversal of a trading […] Read more
U.S. livestock: Slumping beef prices rattle CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, pulled down by profit-taking in response to the day’s sharp drop in wholesale beef values, traders […] Read more
Klassen: Strong beef prices spill over into feeder market
U.S. wholesale beef prices surged higher this past week as stronger retail and restaurant demand absorbed the larger beef stocks in storage. Alberta packers’ average purchase price was $202.50 and […] Read more
U.S. livestock: CME live cattle rally as beef prices set new high
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures offset recent losses and finished higher on Tuesday, driven by short-covering following the day’s choice wholesale beef price surge to […] Read more
U.S. livestock: Record beef prices extend CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle gained for a third day in a row on Thursday, lifted by record-high prices for choice beef, stoked by grilling demand, […] Read more
Spread between pork, beef prices seen narrowing
CNS Canada — Pork prices in Canada are narrowing the gap with beef prices — but the spread between the two meats remains well above the historical average. “Beef values […] Read more
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