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Tag Archives cash cattle — page 31

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle, feeder cattle slump limit down

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday fell by their three-cent daily price limit as lower-trending wholesale beef values stirred expectations for another round of weaker cash prices later this week, traders said. Spot-October and December closed at 129.175 and 134.150 cents/lb., respectively (all figures US$). Live cattle’s trading limit […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live, feeder cattle sink to new contract lows

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped to fresh contract lows on Wednesday, and October dropped by the three-cent-per-pound daily price limit, on liquidation ahead of possibly lower cash prices later this week, traders said. Spot-October closed at 137.6 cents, its new contract low (all figures US$). December ended at 139.475 […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Short-covering pares early CME live cattle losses

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday after short-covering trumped follow-through selling that initially pressed futures to a 15-month low, traders said. Spot-October closed up 0.875 cent/lb. at 141.475 cents, and December was 0.8 cent higher at 143.175 cents (all figures US$). October was further supported by fewer cattle […] Read more
Livestock, Markets

U.S. livestock: Drops in cash, beef prices topple CME live cattle futures

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures at one point on Friday matched their 15-month low, responding to slumping prices for wholesale beef and market-ready, or cash, cattle, traders said. Spot-October closed down 2.350 cents per lb to 140.600 cents, and December was 2.325 cents lower at 142.375 cents. This week, cash cattle in […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle rise with cash bids

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday, supported by short-covering after packers hiked bids for unsold market-ready (cash) cattle, traders said. Spot-August futures closed 1.225 cents/lb. higher at 146.475 cents, and October 1.175 cents higher at 146.325 cents (all figures US$). Processors in Kansas and Texas on Thursday […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle close mixed, hogs lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle settled mixed on Wednesday after investors bought the August contract and sold deferred months prompted by the morning’s wholesale beef price increase, traders said. Spot-August futures closed 0.45 cent/lb. higher at 148.675 cents, and October was down 0.025 cent at 148.175 cents (all figures US$). Wednesday […] Read more
Livestock, Markets

U.S. livestock: CME live cattle futures finish mostly weak; hogs lower

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Chicago/Reuters – Most Chicago Mercantile Exchange live cattle contracts ended weak on Thursday, after investors sold deferred months and bought August led by near-term bullish fundamentals, traders said. August closed up 0.300 cent per lb at 145.225 cents, October down 0.025 cent at 146.450 cents and December 0.150 cent lower at 148.125 cents. Market-ready, or […] Read more
U.S. livestock: Beef price turnaround rallies CME live cattle futures
Livestock, Markets

U.S. livestock: Beef price turnaround rallies CME live cattle futures

Feeder cattle futures close sharply higher, strong lean hog futures settlement

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Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts finished in positive territory on Tuesday for the first time in five sessions, fuelled by active short-covering following the recent wholesale beef price rise, traders and analysts said. August closed 2.025 cents per lb higher at 145.050 cents, and October 2.825 cents at 146.800 cents. The morning’s […] Read more

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