Insights and Stories on Beef Cattle

Sep. 30, 2015 at 6:17 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Wednesday drifted to a two-year low, with October down the 4.5-cent daily price limit, as wholesale beef values and preliminary cash prices continued to sag, traders said. Spot-October settled at 124.675 cents/lb. (all figures US$). December ended 3.225 cents […]

By Theopolis Waters

Sep. 29, 2015 at 5:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday fell by their three-cent daily price limit as lower-trending wholesale beef values stirred expectations for another round of weaker cash prices later this week, traders said. Spot-October and December closed at 129.175 and 134.150 cents/lb., respectively (all figures […]

By Theopolis Waters

Sep. 28, 2015 at 7:23 pm CDT

Western Canadian feeder cattle prices traded $3 to $7 lower in comparison to week-ago levels as the market continues to digest the weaker fed market and softer wholesale beef values. Feedlot operators were more cautious, realizing the current prices don’t pencil profitably, while the deferred live cattle futures dropped like […]

By Jerry Klassen

Sep. 28, 2015 at 4:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished mostly firm on Monday after a volatile session stirred by bear spreading as investors sold the October contract and bought deferred months, traders said. They added that negative market fundamentals and anticipation of possible deliveries next Monday (Oct. 5) […]

By Theopolis Waters

Sep. 25, 2015 at 6:30 pm CDT

Reuters — McDonald’s will offer its first-ever 100 per cent organic beef hamburger for a limited time in Germany, as a growing number of global diners demand food that is more natural and less processed. From Oct. 1 to Nov. 18 McDonald’s will offer “McB” burgers, made with organic beef […]

By Lisa Baertlein