Insights and Stories on Cattle Futures

Jan. 19, 2016 at 5:04 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Tuesday, driven by short-covering and bargain-hunting that helped contracts recover some of their lost ground over the past two sessions, traders said. February live cattle ended 1.75 cents/lb. higher at 129.3 cents, and April closed up 1.65 […]

By Theopolis Waters

Jan. 15, 2016 at 5:52 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled down by their three-cent/lb. daily price limit on Friday after U.S. stock futures plummeted amid global economic jitters, traders said. February live cattle and April closed at 127.55 cents and 128.5 cents, respectively (all figures US$). Live cattle’s trading […]

By Theopolis Waters

Jan. 14, 2016 at 8:12 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, dragged down by technical selling that offset higher cash and wholesale beef prices, traders said. February live cattle closed 1.55 cents/lb. lower at 130.55 cents, and April had fallen 1.525 cents, to 131.5 cents (all figures […]

By Theopolis Waters

Jan. 13, 2016 at 5:09 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts finished moderately higher on Wednesday, helped by short-covering following the day’s turnaround in wholesale beef values, traders said. February live cattle closed 0.5 cent/lb. higher at 132.1 cents, and April ended up 0.325 cent, to 133.025 cents (all figures US$). […]

By Theopolis Waters

Jan. 12, 2016 at 5:38 pm CST

During the first full week of January, western Canadian feeder cattle traded $10-$15 higher compared to late December. In some cases, calves under 600 lbs. were $15-$20 higher. Strength in the nearby fed cattle market, along with the firmer tone to live cattle futures, set a positive tone. Alberta packers […]

By Jerry Klassen