Insights and Stories of Reuters

JBS beats estimates, refinances bank debt

May. 15, 2018 at 1:02 am CDT

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meatpacking company, beat analysts’ estimates for the first quarter and closed a deal to refinance the bulk of its bank debt on Monday. JBS’ net income for the first quarter, 506 million reais (C$179.45 million), was 48 per cent […]

U.S. livestock: CME hogs slump amid fund roll, NAFTA worries

May. 11, 2018 at 3:25 pm CDT

By Reuters

U.S. livestock: Short-covering boosts CME live cattle

May. 10, 2018 at 5:40 pm CDT

By Reuters

El Nino pattern could emerge by 2018-19 winter

May. 10, 2018 at 4:40 pm CDT

By Reuters

U.S. livestock: CME live cattle buckle under big supply worries

May. 9, 2018 at 5:39 pm CDT

By Reuters

U.S. livestock: CME live cattle up on short-covering, fund buying

May. 8, 2018 at 6:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher on Tuesday, helped by short-covering and fund buying that halted the market’s two-session slide, traders said. In a trading strategy known as bull spreads, some investors bought June futures and simultaneously sold deferred months in anticipation of this week’s […]

By Reuters

U.S. livestock: CME live cattle slide

May. 7, 2018 at 5:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Monday lost ground for a second straight session, hit by technical selling and the “roll” by funds out of June into deferred contracts, traders said. Funds in CME’s livestock markets that track the Standard + Poor’s Goldman Sachs Commodity Index […]

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U.S. livestock: CME live cattle sag as funds roll positions

May. 4, 2018 at 4:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday drew pressure from funds that sold, or “rolled,” June positions into back months before similar moves lasting five days beginning on Monday, said traders. Continued uneasiness about burdensome supplies ahead further deterred futures buyers, they said. There may […]

By Reuters

U.S. livestock: Higher cash prices rally CME live cattle

May. 3, 2018 at 7:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday led by better-than-expected cash prices that halted the market’s three-session losing skid, said traders. Fund buying and solid wholesale beef demand contributed to futures advances, they said. Still, cattle trading months slipped from highs amid lingering worries […]

By Reuters

U.S. livestock: CME live cattle sag despite fundamentals

May. 2, 2018 at 5:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday were weakened by funds that sold, or “rolled,” June positions into back months ahead of similar moves early next week, said traders. Nearby market losses trumped futures’ bullish discount to cash prices, strong wholesale beef values and […]

By Reuters