Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower for a fourth straight session on Wednesday as they marked new lows, hit by softer initial cash prices, […] Read more
Tag Archives feeder cattle
U.S. livestock: Weak cash prices extend live cattle losses
U.S. livestock: Cattle fall to six-year low on long liquidation
Chicago | Reuters –– U.S. cattle futures fell to six-year lows on Tuesday, adding to steep losses from the previous session as investors liquidated holdings amid ample animal and meat […] Read more
U.S. livestock: CME live cattle slump limit down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday settled down by their three cents/lb. daily price limit, on sell stops and fund liquidation after some contracts […] Read more
Klassen: Patient buyers await lower feeder market
Patience is a virtue, the old saying goes. Unlike the past few years, feedlot operators have been rewarded for waiting and there is no clear signal the market has any […] Read more
U.S. livestock: CME live cattle close weak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished weaker on Friday on weekend positioning after traders sold nearby contracts and bought deferred months in a strategy known […] Read more
U.S. livestock: CME lean hogs rebound on bargain buying
Chicago | Reuters –– Chicago Mercantile Exchange lean hogs closed higher on Thursday on short-covering and bargain buying after futures tumbled to a seven-year low on Wednesday, traders said. CME […] Read more
U.S. livestock: Burdensome supplies slam lean hog futures
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell sharply on Wednesday, with some contracts posting new lows, led by profit-taking and seasonally rising hog numbers, traders said. […] Read more
U.S. livestock: Live cattle post biggest daily percentage gain in a year
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures surged about three per cent on Tuesday to their best one-day performance since October 2015, sparked by short-covering and technical […] Read more
Klassen: Prolonged negative margins weigh on feeder market
Western Canadian feeder cattle prices traded $5-$10 lower last week, with certain auction barns experiencing a week-over-week decline of $15. After 15 months of devastating margins, feedlots have thrown in […] Read more
U.S. livestock: Bargain buying rallies CME lean hogs
Chicago | Reuters — Most Chicago Mercantile Exchange lean hog contracts ended sharply higher on Monday, fueled by bargain buying following futures’ plunge by their three-cent/lb. price limit on Friday, […] Read more
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