Chicago | Reuters — Chicago Mercantile Exchange live cattle losses lingered into a fifth straight session on Wednesday, led by chart-related selling and anticipation of weaker cash prices by Friday, […] Read more
Tag Archives feeder cattle
U.S. livestock: Lower cash price outlook sends CME live cattle lower
U.S. livestock: CME live cattle slump fourth straight day
Chicago | Reuters — Chicago Mercantile Exchange live cattle settled in bearish territory for a fourth straight session, on leftover selling and fund liquidation after contracts dropped below technical support […] Read more
Klassen: Feeder cattle mixed across the Prairies
Market sentiment can be extremely variable and this week, we saw a large divergence in the price structure across the Prairies. Alberta feeder cattle prices were generally $3 to $6 […] Read more
U.S. livestock: CME hogs see biggest one-day loss in three months
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday notched their biggest daily loss since last December, hit by technical selling and lower cash price expectations, traders […] Read more
U.S. livestock: CME live cattle slump before USDA report
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
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