Chicago | Reuters — Chicago Mercantile Exchange live cattle slid to a seven-week bottom on Thursday, led by fund liquidation, traders said. Futures’ discount to this week’s slaughter-ready, or cash, […] Read more
Tag Archives feeder cattle
U.S. livestock: CME live cattle down, but off seven-week lows
U.S. livestock: Trade war jitters drag on CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Wednesday hit a three-month low, partly rattled by talk of a potential trade war if the U.S. tacks higher […] Read more
U.S. livestock: Supply buildup fears undercut CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday finished lower as concern about increased supplies ahead yanked the market from early-session highs, traders said. Investors exercised […] Read more
Klassen: Feeder cattle prices gaining momentum
Compared to last week, western Canadian yearling prices were steady to $4 higher while calves and grass cattle markets were relatively unchanged. Once again, there was a wide range of […] Read more
U.S. livestock: Pork demand, wintry weather boost CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose for a second straight session on Monday, driven by improved wholesale pork prices and a winter storm churning in […] Read more
U.S. livestock: CME live cattle end lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on technical selling and expectations of a seasonal uptick in beef supplies as the pace of cattle […] Read more
U.S. livestock: Spot cattle rise, deferreds weak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with the front-month contract edging higher after hitting a 2-1/2-week low on Wednesday. Deferred cattle contracts […] Read more
U.S. livestock: Live cattle climb on technical buying
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher Tuesday on technical buying, halting a four-session slide that drove the benchmark April contract to a two-week low […] Read more
Klassen: Feeder cattle markets absorbing price uncertainty
Western Canadian feeder cattle markets were quite variable throughout the week due to the uncertain price structure in the deferred position. Yearling prices differentiated by nearly $15 across the Prairies […] Read more
U.S. livestock: Live cattle down on bearish placements data
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, with the benchmark April contract touching a two-week low following Friday’s bearish Cattle on Feed report from […] Read more
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