Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed weaker on Thursday as investors wait for remaining slaughter-ready, or cash, cattle to change hands by Friday, traders said. […] Read more
Tag Archives feeder cattle
U.S. livestock: Cash price caution pressures CME live cattle
U.S. livestock: CME live cattle slip on cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts finished in bearish territory on Wednesday, weakened by profit-taking and disappointing early-week cash prices, traders said. December live cattle closed […] Read more
U.S. livestock: Fund buying drives CME live cattle higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained for a second day in a row on fund buying and higher wholesale beef prices, traders said. […] Read more
Klassen: Winter conditions weigh on feeder market
Western Canadian feeder cattle prices traded steady to $3 lower compared to seven days earlier. The market tends to soften during the first major snowstorm each year, but the established […] Read more
U.S. livestock: CME live cattle climb ahead of arctic blast
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Monday, partly in anticipation of bone-chilling temperatures in the U.S. Plains and Midwest by week’s end, said […] Read more
U.S. livestock: CME hogs notch three-month high
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures hit a three-month high on Friday, with help from buy stops and technical buying, traders said. December futures led advances […] Read more
U.S. livestock: Hogs up again on cash prices, fund buying
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied for a fourth consecutive session on Thursday, spurred by higher cash prices and technical buying, said traders. December hogs, […] Read more
U.S. livestock: Higher cash, pork prices extend hogs’ rally
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a third straight day on Wednesday, led by upward-trending cash and wholesale pork prices, said traders. December hogs […] Read more
U.S. livestock: Cash, pork prices drive hogs to two-month high
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures on Tuesday reached their highest level in two months, fueled by rising cash prices and decent pork demand, said traders. […] Read more
Klassen: Positive margins support feeder cattle market
Alberta packers were buying fed cattle at $150 this past week, which was $5 above breakeven pen closeout values. This rally in the fed cattle market was a long time […] Read more