Insights and Stories on Cattle Futures

Nov. 17, 2014 at 5:39 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher Monday, helped by the morning’s strong wholesale beef values and last week’s record-high cash prices, traders said. Monday morning’s choice wholesale beef price jumped $2.03 per hundredweight (cwt) from Friday to $254.19 (all figures US$). Select climbed $1.53 […]

By Theopolis Waters

Nov. 14, 2014 at 2:36 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained modestly on Friday while anticipating strong prices for market-ready or cash cattle this week, traders said. December closed 0.55 cents per pound higher at 170.2 cents, and February at 171.275 cents up 0.25 cents (all figures US$). Processors are […]

By Theopolis Waters

Nov. 13, 2014 at 3:35 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher Thursday in anticipation of steady or better prices for slaughter-ready or cash cattle this week, traders said. December closed 2.175 cents per pound higher at 169.925 cents, and February at 171.025 cents/lb. up 1.45 cents (all figures US$). […]

By Theopolis Waters

Nov. 12, 2014 at 4:17 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday following a snapback in wholesale beef prices, traders said. December closed up 0.5 cent per pound at 167.75 cents, and February 1.175 cents higher at 169.575 cents (all figures US$). The morning’s choice wholesale beef price […]

By Theopolis Waters

Nov. 11, 2014 at 6:59 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Tuesday in response to the morning’s wholesale pork price bounce, traders said. December and February closed up 0.35 cent per pound at 89.9 cents and 89.45 cents, respectively (all figures US$). Tuesday morning’s wholesale pork price jumped $2.97 […]

By Theopolis Waters