Insights and Stories on Cash Cattle

May. 17, 2018 at 5:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures bounced on Thursday on technical buying and short-covering following three days of steep declines that had sliced prices by more than five per cent, traders said. Optimism that a deal on a revamped North American Free Trade Agreement (NAFTA) could […]

By Karl Plume

May. 16, 2018 at 6:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped for a third straight session on Wednesday on weakening cash cattle prices and plentiful supplies of market-ready animals, traders said. Actively traded CME August live cattle futures settled 1.35 cents lower at 99.05 cents/lb., its lowest since April 4 […]

By Karl Plume

Apr. 27, 2018 at 6:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday as cash cattle at U.S. Plains feedlot markets traded at higher prices amid rising beef values and robust packer margins, traders said. Milder temperatures around much of the country following an unusually chilly stretch of early spring […]

By Karl Plume

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