beef prices Archives | Page 5 of 16

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Surging cash prices, easing trade fears boost CME hogs

By Reuters June 8, 2018

Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed higher on Friday fueled by rising prices for market-ready, or cash, hogs and less concern about U.S. pork trade with Mexico, said traders. On Thursday the Mexican government said it would allow some U.S. pork into the country duty-free under an import quota despite retaliatory […] Read more

Livestock, Markets

U.S. beef packer margins soar as cattle prices fall

By Theopolis Waters May 23, 2018

Chicago | Reuters — U.S. beef packers including Tyson Foods and Cargill are racking up historically high margins, thanks to slumping cattle prices amid a supply glut and as Americans turn to beef for their backyard summer barbecues. Supermarkets are stocking up on steaks, hot dogs and hamburgers for the May 26 U.S. Memorial Day […] Read more

Livestock, Markets

U.S. livestock: Live cattle drop on weak cash prices, big supply

By Karl Plume May 16, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped for a third straight session on Wednesday on weakening cash cattle prices and plentiful supplies of market-ready animals, traders said. Actively traded CME August live cattle futures settled 1.35 cents lower at 99.05 cents/lb., its lowest since April 4 (all figures US$). June cattle […] Read more

Livestock, Markets

U.S. livestock: Short-covering boosts CME live cattle

By Reuters May 10, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday after short-covering and fund buying reversed the previous session’s losses, said traders. In a trading strategy known as bull spreads, traders bought June and simultaneously sold deferred months, stirred by firmer wholesale beef values and future’s discount to expected cash prices […] Read more

Livestock, Markets

U.S. livestock: CME live cattle buckle under big supply worries

By Reuters May 9, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle prices on Wednesday felt pressure from softer wholesale beef prices and concerns about a looming supply buildup, traders said. Future’s steep discount to this week’s expected prices for slaughter-ready, or cash, cattle limited June market losses, they said. June live cattle closed down 0.625 cent/lb. at […] Read more

Livestock, Markets

Klassen: Seasonable temperatures enhance feeder market

By Jerry Klassen May 9, 2018

Western Canadian yearling markets were actively trading $2-$5 above week-ago levels while prices in the Lethbridge area were up a solid $5 to as much as $10 in some cases. Improving pen conditions, along with a stronger fed cattle market, resulted in a surge of buying interest from southern Alberta operations. Orders from Feedlot Alley […] Read more

Livestock, Markets

U.S. livestock: Live cattle rally on Plains cash prices

By Karl Plume April 27, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday as cash cattle at U.S. Plains feedlot markets traded at higher prices amid rising beef values and robust packer margins, traders said. Milder temperatures around much of the country following an unusually chilly stretch of early spring weather is lifting demand for […] Read more

Livestock, Markets

U.S. livestock: Cattle advance as beef prices push higher

By Karl Plume April 25, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed on Wednesday as rising beef prices bolstered beef packer margins and fueled expectations for higher cash cattle prices this week, traders said. CME April live cattle closed 0.825 cent/lb. higher at 121.925 cents, June futures were up 0.525 cent at 105.575 cents and August […] Read more

Livestock, Markets

U.S. livestock: Cattle futures jump on firm cash, higher beef prices

By Karl Plume April 23, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed on Monday in response to higher cash cattle prices late last week and rising beef prices, traders said. Supplies of cattle remain large, but demand for market-ready stock is likely to remain strong due to profitable packer margins and milder weather around the U.S. […] Read more

Livestock, Markets

U.S. livestock: CME live cattle end mixed as market weighs big supply

By Karl Plume April 11, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Tuesday as the spot contract rose on its discount to the cash market while deferred months drifted lower under heavy supplies of cattle, traders said. CME April live cattle closed up 0.775 cent/lb. at 112.8 cents, edging up ahead of the contract’s […] Read more

Tag Archives beef prices — page 5

U.S. livestock: Surging cash prices, easing trade fears boost CME hogs

U.S. beef packer margins soar as cattle prices fall

U.S. livestock: Live cattle drop on weak cash prices, big supply

U.S. livestock: Short-covering boosts CME live cattle

U.S. livestock: CME live cattle buckle under big supply worries

Klassen: Seasonable temperatures enhance feeder market

U.S. livestock: Live cattle rally on Plains cash prices

U.S. livestock: Cattle advance as beef prices push higher

U.S. livestock: Cattle futures jump on firm cash, higher beef prices

U.S. livestock: CME live cattle end mixed as market weighs big supply

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