Insights and Stories on Cattle Futures

U.S. livestock: Short-covering boosts CME live cattle

May. 10, 2018 at 5:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday after short-covering and fund buying reversed the previous session’s losses, said traders. In a trading strategy known as bull spreads, traders bought June and simultaneously sold deferred months, stirred by firmer wholesale beef values and future’s […]

U.S. livestock: CME live cattle buckle under big supply worries

May. 9, 2018 at 5:39 pm CDT

By Reuters

U.S. livestock: CME live cattle up on short-covering, fund buying

May. 8, 2018 at 6:38 pm CDT

By Reuters

U.S. livestock: CME live cattle slide

May. 7, 2018 at 5:18 pm CDT

By Reuters

U.S. livestock: CME live cattle sag as funds roll positions

May. 4, 2018 at 4:38 pm CDT

By Reuters

U.S. livestock: Higher cash prices rally CME live cattle

May. 3, 2018 at 7:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday led by better-than-expected cash prices that halted the market’s three-session losing skid, said traders. Fund buying and solid wholesale beef demand contributed to futures advances, they said. Still, cattle trading months slipped from highs amid lingering worries […]

By Reuters

U.S. livestock: CME live cattle sag despite fundamentals

May. 2, 2018 at 5:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday were weakened by funds that sold, or “rolled,” June positions into back months ahead of similar moves early next week, said traders. Nearby market losses trumped futures’ bullish discount to cash prices, strong wholesale beef values and […]

By Reuters

U.S. livestock: Supply growth worries extend CME live cattle losses

May. 1, 2018 at 7:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished lower for a second consecutive day on Tuesday amid concerns about increased supplies ahead, said traders. “Everybody keeps talking about this wall of cattle coming. But, feedyards moved a lot of cattle ahead of schedule to avoid lower prices later, […]

By Reuters

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

Apr. 30, 2018 at 6:41 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed lower on Monday, pressured by profit-taking after three consecutive days of market advances, said traders. Worries about burdensome supplies in the coming weeks further weighed on live cattle futures, they said. “We’ve got a lot of cattle coming, but the […]

By Reuters

U.S. livestock: Live cattle rally on Plains cash prices

Apr. 27, 2018 at 6:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday as cash cattle at U.S. Plains feedlot markets traded at higher prices amid rising beef values and robust packer margins, traders said. Milder temperatures around much of the country following an unusually chilly stretch of early spring […]

By Karl Plume