Insights and Stories on Cattle Futures

U.S. livestock: CME hogs see biggest one-day loss in three months

Mar. 21, 2016 at 4:03 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday notched their biggest daily loss since last December, hit by technical selling and lower cash price expectations, traders said. April closed 2.1 cents/lb. lower at 69.35 cents, after drifting below the 40-day moving average of 70.31 cents (all […]

U.S. livestock: CME live cattle slump before USDA report

Mar. 18, 2016 at 4:15 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle ease ahead of cash prices, USDA report

Mar. 17, 2016 at 3:42 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle end firm, but off recent peak

Mar. 16, 2016 at 2:46 pm CDT

By Theopolis Waters

U.S. livestock: Surging beef prices push CME live cattle higher

Mar. 15, 2016 at 4:59 pm CDT

By Theopolis Waters

Klassen: Feeder market adjusting to various factors

Mar. 14, 2016 at 11:00 pm CDT

Western Canadian feeder markets experienced a mixed volatile tone over the past week. Replacement cattle over 800 lbs. were $3 lower to $8 higher on average, while lighter weight categories traded $10 lower to $10 higher in comparison to week-ago levels. Larger volumes of backgrounded yearling cattle are coming on […]

By Jerry Klassen

U.S. livestock: CME live cattle close mostly firm

Mar. 14, 2016 at 2:56 pm CDT

Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts gained modestly on Monday, after investors sold April and simultaneously bought deferred months in a strategy known as bear spreading, traders said. April ended 0.5 cents/lb. lower at 139.3. June closed up 0.275 cent/lb. to 128.825 and August finished […]

By Theopolis Waters

U.S. livestock: CME live cattle spike on cash price hopes

Mar. 11, 2016 at 3:21 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures peaked at a four-month high on Friday, fueled by short-covering in anticipation of strong market-ready, or cash, cattle prices later on Friday, traders said. April ended 1.5 cents/lb. higher at 139.8, and June closed up 0.925 cent/lb. to 128.55 (all […]

By Theopolis Waters

U.S. livestock: Cash outlook drives CME live cattle higher

Mar. 10, 2016 at 4:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Thursday, driven by short-covering and recent run up in wholesale beef prices, traders said. April ended 1.525 cents/lb. higher at 138.3, and June closed up 1.325 cents/lb. to 127.625 (all figures US$). The morning’s wholesale choice […]

By Theopolis Waters

U.S. livestock: CME lean hogs surge amid summer grilling questions

Mar. 9, 2016 at 6:37 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures for animals set to be delivered in July and August surged to all-new contract highs on Wednesday, as investors bet on tighter supplies being available for the summer grilling season. Demand from pork packers was a bit hit and miss, […]

By P.J. Huffstutter