Insights and Stories on Cash Cattle

Feb. 25, 2016 at 5:42 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts climbed on Thursday, propelled by anticipation of firm cash prices by Friday amid improved wholesale beef demand, traders said. The February contract, which will expire on Monday, closed up 0.9 cent/lb. to 137.875 cents (all figures US$). April ended 1.2 […]

By Theopolis Waters

Jan. 4, 2016 at 6:49 pm CST

Alberta fed cattle prices jumped to three-month highs, reaching $174 over the past week, setting a positive tone for feeders to start off the New Year. Retailers appear to be featuring beef at discounted prices, alleviating the bloated beef pipeline. Wholesale prices also ratcheted higher, reflecting the improving demand. While […]

By Jerry Klassen

Dec. 30, 2015 at 3:42 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished well into positive territory on Wednesday, led by the steep climb in prices for cash cattle, traders said. Spot December, which will expire on Thursday, closed 2.8 cents/lb. higher at 133 cents, and February ended 1.2 cents higher at […]

By Theopolis Waters

Nov. 4, 2015 at 2:51 pm CST

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures settled down by their 3-cents per lb daily price limit on Wednesday, in anticipation of weaker prices for market-ready, or cash cattle, traders said. Spot December and February finished at 137.225 and 139.650 cents per lb, respectively. Live cattle’s trading limit will be […]

By Theopolis Waters

Nov. 3, 2015 at 3:00 pm CST

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures fell on Tuesday, weakened by lower wholesale beef prices that could pressure cash values later this week, traders said. Spot December closed 1.450 cents per lb lower at 140.225 cents, and February 1.050 cents lower at 142.650 cents. Tuesday morning’s wholesale choice […]

By Theopolis Waters