(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle down, but off seven-week lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle slid to a seven-week bottom on Thursday, led by fund liquidation, traders said. Futures’ discount to this week’s slaughter-ready, or cash, cattle prices freed contracts from session lows, they said. April closed 1.2 cents/lb. at 121.775 cents (all figures US$). June finished 1.55 cents lower at […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Trade war jitters drag on CME hogs

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Wednesday hit a three-month low, partly rattled by talk of a potential trade war if the U.S. tacks higher tariffs on imported steel and aluminum, traders said. Wednesday’s U.S. stock market slumped as U.S. President Donald Trump appears poised to impose steep tariffs this […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Supply buildup fears undercut CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday finished lower as concern about increased supplies ahead yanked the market from early-session highs, traders said. Investors exercised caution while waiting for the bulk of slaughter-ready, or cash, cattle in the U.S. Plains to change hands this week. April ended 0.4 cents/lb. lower […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on technical selling and expectations of a seasonal uptick in beef supplies as the pace of cattle slaughter increases, analysts said. “(There is) a little concern that we might have posted the smallest supply of the year, and now we are facing […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Spot cattle rise, deferreds weak

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with the front-month contract edging higher after hitting a 2-1/2-week low on Wednesday. Deferred cattle contracts were weaker, remaining under pressure from weak cash markets. Strong export data provided support to the nearby contracts. The U.S. Agriculture Department reported weekly beef […] Read more




(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle drop on technical selling

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined for the fourth straight session on Friday, easing on technical selling and bets that cattle prices have likely reached a short-term peak, traders and analysts said. Feeder cattle and lean hog futures were slightly higher, with feeders rebounding from a two-week low. Most-active CME […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle extend losses

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday lost ground for a second day in a row, weighed down by lower cash prices and an increased supply outlook, traders said. They said sell stops and fund liquidation contributed to market declines. Some investors adjusted positions before the U.S. Department of Agriculture (USDA) […] Read more