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
Tag Archives feeder cattle
U.S. livestock: CME live cattle spike on cash price hopes
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
U.S. livestock: Live cattle rise as traders exit nearby positions
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, after traders exited nearby positions to avoid taking delivery and packers seemed to be bidding more […] Read more
U.S. livestock: CME live cattle end lower as funds roll long positions
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, after funds sold, or rolled, their April long positions and simultaneously bought deferred months, traders said. […] Read more
U.S. livestock: Cash price unease weakens CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Thursday, pressured by profit-taking as early-week cash price optimism waned, traders said. April closed 0.85 cent/lb. lower […] Read more
U.S. livestock: Profit-taking drops CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Wednesday, after investors pocketed profits while waiting for market-ready, or cash, cattle to change hands possibly before […] Read more
Klassen: Feeder cattle steady but demand remains sluggish
Western Canadian feeder cattle prices traded in line with week-ago levels on average, though the market was quite variable across the Prairies. Favourable temperatures in southern Alberta enhanced demand on […] Read more
U.S. livestock: Cash price optimism nudges CME live cattle upward
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained slightly on Tuesday in anticipation of steady-to-higher prices for market-ready, or cash, cattle possibly before Friday, traders said. April […] Read more