Insights and Stories of Meredith Davis

Apr. 1, 2015 at 4:17 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange front-month live cattle closed higher on Wednesday, supported by the anticipation of steady to higher cash trade later this week, traders said. April closed 0.5 cents per pound higher at 161.825 cents and June closed 0.05 cent lower at 152.275 cents (all figures […]

By Meredith Davis

Mar. 16, 2015 at 5:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs ended slightly higher on Monday, ending a seven-day losing streak, supported by stronger wholesale pork product prices while cash hog prices weighed, traders said. April closed just 0.1 cent per pound higher at 62.2 cents, while May ended unchanged at 71.425 […]

By Meredith Davis

Dec. 15, 2014 at 6:20 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended lower on Monday on fund liquidation and bearish fundamentals, traders said. December ended down 0.075 cent per pound at 161.975 cents and February ended 0.425 cent/lb. lower at 161.75 cents (all figures US$). Even though the overall supply of […]

By Meredith Davis

Dec. 12, 2014 at 6:24 pm CST

Chicago | Reuters — CME live cattle ended lower Friday as fund selling and weak cash cattle prices weighed, traders said. Lower U.S. stocks and weak crude oil also pressured the overall livestock futures market, said Lane Broadbent of KIS Futures. “We are in a tough time of the year […]

By Meredith Davis

Oct. 31, 2014 at 4:44 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by lower cash cattle prices and weaker overall commodities market, traders said. “The morning beef prices were not good, but commodities in general had a rough day and cattle aren’t immune to those changes,” said Dominic Varricchio, commodities broker at Schwieterman, […]

By Meredith Davis