Insights and Stories on Cash Cattle

Jul. 28, 2020 at 5:36 pm CDT

Chicago | Reuters – U.S. live cattle futures rose on Tuesday, supported by expectations of higher prices this week in the cash market for slaughter-ready cattle, traders said. “Cash could be steady to $1 to $2 (per cwt) better this week. Some of the show lists are smaller than last […]

By Julie Ingwersen

Jul. 27, 2020 at 5:05 pm CDT

Chicago | Reuters – U.S. live cattle futures opened firm on Monday but retreated from session highs on technical selling and lingering concerns about cattle supply backups in the wake of recent packing plant closures due to coronavirus infections among workers. Prices climbed at Monday’s open in reaction to Friday’s […]

By Karl Plume

Jun. 1, 2020 at 7:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell Monday on worries that deteriorating relations between the United States and China, the world’s biggest pork importer, could inhibit U.S. pork sales to the Asian nation, traders said. China told state-owned firms to halt purchases of soybeans and […]

By Julie Ingwersen

May. 8, 2020 at 7:27 pm CDT

Chicago | Reuters — U.S. live cattle futures rose on Friday along with cash prices as the federal government probed the beef market. The price of cattle in the cash market has rebounded since U.S. President Donald Trump on Wednesday said he had urged the federal Justice Department to look […]

By Tom Polansek

May. 7, 2020 at 7:13 pm CDT

Chicago | Reuters — U.S. live cattle futures surged by their daily trading limits for a second straight session on Thursday on soaring beef prices and concerns about meat shortages because of recent packing plant closures due to the coronavirus. Shuttered slaughterhouses across North America due to the pandemic have […]

By Karl Plume