Insights and Stories on Cattle Futures

Fewer cattle placed in U.S. feedlots in May than anticipated

Jun. 19, 2015 at 6:38 pm CDT

Chicago | Reuters –– The number of cattle placed in U.S. feedlots last month was lower than anticipated, a government report showed on Friday, reflecting healthy pastures that allowed ranchers to grow livestock longer outside of feedyards, said analysts. Producers retained more heifers to help restore the U.S. cattle herd, […]

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

Jun. 19, 2015 at 3:36 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle down sixth straight day

Jun. 18, 2015 at 5:17 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle ease while awaiting cash prices

Jun. 17, 2015 at 4:26 pm CDT

By Theopolis Waters

Klassen: Drier conditions soften feeder market

Jun. 16, 2015 at 8:00 pm CDT

By Jerry Klassen

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

Jun. 16, 2015 at 6:30 pm CDT

Chicago | Reuters — For a second straight session most Chicago Mercantile Exchange live cattle contracts finished in modest positive territory on Tuesday pegged to bear spreading and speculative buying, traders said. The spreads consisted of traders who sold June futures ahead of its expiration on June 30 and simultaneously […]

By Theopolis Waters

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

Jun. 15, 2015 at 4:31 pm CDT

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts gained modestly on Monday, supported by short-covering and futures’ discounts to last week’s cash prices, traders said. Investors bought deferred contracts and simultaneously sold June ahead of its expiration on June 30, they said. June closed down 0.275 cent […]

By Theopolis Waters

U.S. livestock: Lower cash prices sink CME live cattle

Jun. 12, 2015 at 3:33 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell hard Friday, pressured by lower prices for market-ready (cash) cattle, traders said. June closed 2.775 cents per pound lower, at 152.45 cents, and August down 2.125 cents, to 150.8 cents (all figures US$). A moderate number of cash cattle […]

By Theopolis Waters

U.S. livestock: Profit-taking undercuts CME live cattle

Jun. 11, 2015 at 3:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures snapped a three-day win streak on Thursday, pressured by profit-taking and a wholesale beef price downturn, traders said. June closed down 0.575 cent per pound, to 155.225 cents, and August 0.6 cent lower at 152.925 cents (all figures US$). Thursday […]

By Theopolis Waters

U.S. livestock: CME live cattle spike to five-month high

Jun. 10, 2015 at 5:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures peaked at five-month highs on Wednesday, sparked by short-covering and Tuesday’s steep climb in the wholesale beef (cutout) price, traders said. Profit-taking and Wednesday morning’s modest cutout gains pulled futures from session highs, they said. June closed up 0.725 cent […]

By Theopolis Waters