Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Friday ahead of the bulk of this week’s cash sales, later in the afternoon, and the government’s monthly […] Read more
Tag Archives feeder cattle
U.S. livestock: CME live cattle slump before USDA report
U.S. livestock: CME live cattle ease ahead of cash prices, USDA report
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, weakened by profit-taking as investors wait for market-ready, or cash, cattle to change hands by Friday, […] Read more
U.S. livestock: CME live cattle end firm, but off recent peak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished moderately higher on Wednesday as the steep climb in wholesale beef values fueled expectations for strong cash prices by […] Read more
U.S. livestock: Surging beef prices push CME live cattle higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday, driven by a recent surge in wholesale beef prices that stirred optimism for cash prices later […] Read more
Klassen: Feeder market adjusting to various factors
Western Canadian feeder markets experienced a mixed volatile tone over the past week. Replacement cattle over 800 lbs. were $3 lower to $8 higher on average, while lighter weight categories […] Read more
U.S. livestock: CME live cattle close mostly firm
Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts gained modestly on Monday, after investors sold April and simultaneously bought deferred months in a strategy known as bear […] Read more
U.S. livestock: CME live cattle spike on cash price hopes
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures peaked at a four-month high on Friday, fueled by short-covering in anticipation of strong market-ready, or cash, cattle prices later […] Read more
U.S. livestock: Cash outlook drives CME live cattle higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Thursday, driven by short-covering and recent run up in wholesale beef prices, traders said. April ended […] Read more
U.S. livestock: CME lean hogs surge amid summer grilling questions
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures for animals set to be delivered in July and August surged to all-new contract highs on Wednesday, as investors bet […] Read more
Klassen: Uncertain beef demand weighs on feeder market
The prolonged period of negative feeding margins continues to set a tone in the feeder market. Alberta packers were buying limited numbers of fed cattle this past week with dressed […] Read more
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