Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday gave back some of Wednesday’s gains, pressured by profit-taking and technical selling, said traders. They said early-session futures […] Read more
Tag Archives feeder cattle
U.S. livestock: CME live cattle turn lower
U.S. livestock: Fund buying rallies live cattle, lean hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday reversed the prior day’s losses, with strength from technical buying and short-covering, said traders. February live cattle closed […] Read more
U.S. livestock: CME lean hogs retreat from four-month high
Chicago | Reuters –– Chicago Mercantile Exchange lean hogs settled lower on Tuesday after profit-taking and fund liquidation dropped futures from an early-session four-month high, said traders. February hogs ended […] Read more
Klassen: Feeder market starts new year on firm tone
February live cattle futures reached six-month highs during the last week of 2016, which quickly spilled over into western Canadian feeder cattle markets. While most auction barns were closed for […] Read more
Klassen: Feeder cattle market stable for year end
Western Canadian feeder cattle prices traded steady with week ago levels. The winter storm forecasted over the holiday season had little influence on buyer behaviour. Limited volumes were noted at […] Read more
U.S. livestock: CME live cattle score four-month high
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday hit their highest level in four months, partly driven by short-covering and cash price optimism for this week, […] Read more
U.S. livestock: CME lean hogs snap four-session win streak
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday settled lower for the first time in five sessions, hit by profit-taking and weaker cash prices before packing plants […] Read more
Klassen: Feeder cattle resume upward trend
Western Canadian feeder cattle prices resumed the upward trend after a brief dip during the first major snowstorm of the year. Feeder cattle weighing above 750 lbs. traded $2-$4 above […] Read more
U.S. livestock: CME live cattle mostly firmer
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mostly higher on Monday after investors sold the December contract and simultaneously bought deferred months in a market strategy […] Read more
U.S. livestock: CME live cattle score 3-1/2 month high
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday reached their highest level since late August, driven by short-covering following the morning’s strong wholesale beef prices, said […] Read more