Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures climbed to their three cents/lb. daily price limit on Thursday following a turnaround in crude oil prices that helped pare […] Read more
Tag Archives feeder cattle
U.S. livestock: Equities spike drives CME live cattle limit-up
U.S. livestock: Retreating equities undermine CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Wednesday, pressured by falling U.S. stock futures amid the unrelenting slide in crude oil prices, traders said. […] Read more
U.S. livestock: Bargain hunting pares CME live cattle losses
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Tuesday, driven by short-covering and bargain-hunting that helped contracts recover some of their lost ground over the […] Read more
Klassen: Uncertainty causes feeder market volatility
Western Canadian feeder cattle prices traded steady to as much as $10 lower compared to week-ago levels. Feedlot hands are contending with adverse winter conditions and cattle travelling farther distances […] Read more
U.S. livestock: Equities rout plunges CME live cattle limit down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled down by their three-cent/lb. daily price limit on Friday after U.S. stock futures plummeted amid global economic jitters, traders […] Read more
U.S. livestock: CME live cattle sag despite supportive fundamentals
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, dragged down by technical selling that offset higher cash and wholesale beef prices, traders said. February […] Read more
U.S. livestock: Beef price rebound pulls CME live cattle higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts finished moderately higher on Wednesday, helped by short-covering following the day’s turnaround in wholesale beef values, traders said. February live […] Read more
U.S. livestock: Speculative buying rallies CME lean hogs
Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts closed higher on Tuesday, strengthened by short-covering and speculative buying in anticipation of tighter seasonal supplies, traders said. Spot February […] Read more
Klassen: Feeder cattle jump on renewed buying interest
During the first full week of January, western Canadian feeder cattle traded $10-$15 higher compared to late December. In some cases, calves under 600 lbs. were $15-$20 higher. Strength in […] Read more
U.S. livestock: Cash price unease drags on CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower on Monday, pressured by uncertainty over cash prices later this week, traders said. February live cattle closed 0.65 […] Read more
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