Insights and Stories on Beef

U.S. livestock: CME cattle gain for second straight day after selloff

Nov. 29, 2023 at 5:07 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for a second consecutive session on Wednesday on short covering and follow-through technical and bargain buying after the market plunged to multi-month lows to start the week. Improving packer margins and futures’ steep discount to cash cattle prices also supported […]

U.S. livestock: CME cattle up on short covering, discount to cash

Nov. 28, 2023 at 7:27 pm CST

By Karl Plume

U.S. livestock: Fund selling sends CME cattle to multi-month lows

Nov. 27, 2023 at 6:35 pm CST

By Karl Plume

U.S. livestock: CME cattle collapse to March lows

Nov. 24, 2023 at 7:50 pm CST

By Tom Polansek

U.S. livestock: CME lean hogs mixed after approaching four-week low

Nov. 22, 2023 at 7:20 pm CST

By Tom Polansek

U.S. livestock: CME lean hogs near four-week low amid large supply

Nov. 21, 2023 at 7:49 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest price in nearly four weeks on Tuesday as large supplies hung over the market. Technical selling added pressure on prices as December hogs dropped below 70 cents/lb. for the first time since Nov. 1, analysts said […]

By Tom Polansek

cme january 2024 feeder cattle, nov 20 2023

U.S. livestock: Feeder cattle top one-week high

Nov. 20, 2023 at 7:20 pm CST

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures finished higher on Monday after the government reported placements in feedlots were lower than analysts expected last month. The U.S. Department of Agriculture, in monthly data issued after the close of trading on Friday, said producers placed […]

By Reuters Tom Polansek

U.S. livestock: CME cattle rise ahead of bullish data

Nov. 17, 2023 at 7:29 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures ended higher on Friday as livestock traders adjusted positions in the markets. After the close of trading, the U.S. Department of Agriculture issued monthly data that showed producers placed 3.8 per cent more cattle into feedlots in […]

By Tom Polansek

U.S. livestock: CME cattle futures extend gains, await U.S. data

Nov. 15, 2023 at 4:21 pm CST

U.S. cattle futures extended gains on Wednesday as traders adjusted positions after steep losses last week and ahead of monthly supply data due on Friday.

By Reuters Tom Polansek

U.S. livestock: Short-covering boosts CME cattle after recent decline

Nov. 14, 2023 at 5:36 pm CST

Chicago | Reuters — Short-covering lifted Chicago Mercantile Exchange live cattle and feeder futures on Tuesday, analysts said, extending a recovery from springtime lows reached last week. The markets were due to rise after recent fund liquidation and technical selling left the market oversold, analysts said. “The main thing is […]

By Tom Polansek