Insights and Stories on Beef Cattle

Dec. 11, 2015 at 6:10 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted modest losses on Friday in anticipation of soft cash and wholesale beef values in the weeks ahead, traders said. Spot December ended down 0.1 cent/lb. to 121.45 cents, and February 0.275 cent lower at 126.25 (all figures US$). “Until […]

By Theopolis Waters

Dec. 10, 2015 at 3:34 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts closed higher on Thursday, driven by short-covering that gradually gave way to this week’s lower cash prices and lacklustre wholesale beef demand, traders said. Spot December closed 1.7 cents/lb. higher at 121.55 cents, and February up 2.375 cents, to 126.525 […]

By Theopolis Waters

Dec. 9, 2015 at 3:27 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday tumbled to the lowest level for the life of the contract, hit by slumping prices for market-ready (cash) cattle, traders said. Spot December closed 2.4 cents/lb. lower at 119.85 cents, after marking a fresh contract low of 119.25 […]

By Theopolis Waters

Dec. 8, 2015 at 8:20 pm CST

Western Canadian feeder cattle prices were once again quite volatile this past week as market continues to digest overwhelming fed cattle supplies and lacklustre beef demand. In Alberta, calves under 700 lbs. were steady to $5 lower on average while heavier calves and yearlings were $3 to as much as […]

By Jerry Klassen

Dec. 8, 2015 at 4:09 pm CST

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts landed in negative territory on Tuesday after an up-and-down day of trading stirred by short-covering and uncertainty about near-term cash prices, traders said. Spot December closed up 0.625 cent, to 122.25 cents/lb., February ended down 0.075 cent, to 127.075, […]

By Theopolis Waters