Insights and Stories on Beef Cattle

Apr. 17, 2015 at 4:05 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell by the three-cent-per-pound price limit Friday on profit-taking and lower cash prices, traders said. April and June closed at 157.8 cents and 149 cents, respectively (all figures US$). CME’s live cattle trading limit will be expanded to 4.5 cents on […]

By Theopolis Waters

Apr. 17, 2015 at 12:10 pm CDT

Sydney | Reuters — Exports of Australian beef are likely to fall faster than previously expected as slaughter rates drop off as a two-year drought eases, threatening to add fuel to a rally in U.S. beef prices. A record slaughter rate has dropped nearly a fifth in the last two […]

By Colin Packham

Apr. 16, 2015 at 4:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained for the fourth day in a row on Thursday, again helped by their discounts to cash prices, traders said. April ended up 0.075 cent per pound at 160.8 cents and June, 0.325 cent higher at 152 cents (all figures […]

By Theopolis Waters

Apr. 15, 2015 at 4:46 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained for a third straight day on Wednesday, driven by their discounts to recent prices for market-ready or cash cattle, traders said. April ended up 1.125 cents/lb., to 160.725 cents, and June 1.25 cents higher, at 151.675 cents (all figures […]

By Theopolis Waters

Apr. 14, 2015 at 3:56 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday, led partly by the day’s wholesale beef price upswing, traders said. April ended up 0.775 cent per pound at 159.6 cents, and June 1.475 cents higher at 150.425 cents (all figures US$). Tuesday morning’s choice wholesale […]

By Theopolis Waters