Insights and Stories on Beef Prices

Apr. 25, 2018 at 7:37 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed on Wednesday as rising beef prices bolstered beef packer margins and fueled expectations for higher cash cattle prices this week, traders said. CME April live cattle closed 0.825 cent/lb. higher at 121.925 cents, June futures were up 0.525 cent […]

By Karl Plume

Apr. 23, 2018 at 6:03 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed on Monday in response to higher cash cattle prices late last week and rising beef prices, traders said. Supplies of cattle remain large, but demand for market-ready stock is likely to remain strong due to profitable packer margins and […]

By Karl Plume

Apr. 11, 2018 at 3:02 am CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Tuesday as the spot contract rose on its discount to the cash market while deferred months drifted lower under heavy supplies of cattle, traders said. CME April live cattle closed up 0.775 cent/lb. at 112.8 cents, edging […]

By Karl Plume

Feb. 20, 2018 at 2:26 am CST

Feeder cattle markets came alive last week as fed cattle prices took a fortuitous bounce. Alberta packers were buying fed cattle in the range of $276-$279 on a dressed basis, up approximately $4 from week-ago levels. Improving beef demand enhanced wholesale beef prices, which quickly spilt over into the cattle […]

By Jerry Klassen

Jan. 24, 2018 at 6:34 pm CST

Chicago | Reuters — Live cattle futures climbed to a near two-month high on Wednesday, rising for the third straight session on firm beef prices and investment fund buying, traders and analysts said. A reduced rate of cattle slaughter following a winter storm in the U.S. Plains that disrupted the […]

By Michael Hirtzer