Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday following a steep rise in wholesale beef values that could help underpin cash prices later this […] Read more
Tag Archives feeder cattle

U.S. livestock: Surging beef prices float CME live cattle higher

Klassen: Buyers risk-averse on feeder cattle
Western Canadian feeder cattle markets were trading $5-$10 below values seven days earlier. Sharper declines were noted on heavier replacements over 800 lbs., which at times sold for $15 below […] Read more

U.S. livestock: CME live cattle move higher with beef prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled higher on Monday, buoyed by the morning’s wholesale beef price turnaround, traders said. Buy stops and fund buying contributed […] Read more

U.S. livestock: CME live cattle close mostly weak before USDA report
Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts settled lower on Friday, after investors tweaked positions ahead of the afternoon’s U.S. Department of Agriculture’s monthly Cattle on […] Read more

Cattle placed in U.S. feedlots in January dip from last year
Chicago | Reuters — The number of cattle moved into U.S. feedlots in January slipped one per cent from last year, according to a government report on Friday, nearly matching […] Read more

U.S. livestock: Cash price outlook extends CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose for a third consecutive day on Thursday, with help from fund buying and anticipation of strong cash prices by […] Read more

U.S. livestock: CME live cattle charge upward
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose for a second straight day on Wednesday, after more fund buying lifted futures which could lend support to cash […] Read more

Klassen: Lower fed cattle market pressures feeders
Western Canadian feeder cattle prices were trading $5-$10 below week-ago levels on average last week. Fully weaned vaccinated calves were trading down $5-$8 while semi-weaned bawlers were down a solid […] Read more

U.S. livestock: Fund buying boosts CME live cattle limit-up
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled up by their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and fund buying, traders said. February and […] Read more

U.S. livestock: CME live cattle fade before holiday
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell modestly on Friday, following this week’s cheaper cash prices and the potential for further declines next week, traders said. […] Read more