Insights and Stories on Cattle Futures

U.S. livestock: Live cattle again sink to nine-month bottom, but off lows

Aug. 18, 2017 at 4:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures pared losses on Friday after falling to their lowest level in nine months, led by this week’s steep cash price drop and seasonally downward-trending wholesale beef values, said traders. Bargain buying and traders covering their short positions lifted contracts from […]

U.S. livestock: CME live cattle hit nine-month low

Aug. 17, 2017 at 6:34 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle give back Tuesday’s gains

Aug. 16, 2017 at 3:23 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rebound after bargain hunters step in

Aug. 15, 2017 at 4:46 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle retreat on softer cash price outlook

Aug. 14, 2017 at 3:32 pm CDT

By Theopolis Waters

U.S. livestock: Bargain buying pares some live cattle losses

Aug. 11, 2017 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange contracts on Friday landed in positive territory for the first time in five sessions, helped by short-covering and bargain buying, said traders. “We’ve had a big down week. I think this a kind of dead cat technical bounce (temporary recovery) ahead of the […]

By Theopolis Waters

U.S. livestock: Supply jitters extend CME live cattle futures losses

Aug. 10, 2017 at 4:22 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures fell for a fourth straight session on Thursday, dragged down by growing worries about hefty near-term supplies, traders said. “We’ve got more numbers (cattle) out here and more numbers coming, and that’s just a Damocles sword over this market,” said Top Third […]

By Theopolis Waters

U.S. livestock: Live cattle hits 8-month low on cash prices

Aug. 9, 2017 at 3:26 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures tumbled to the lowest level in eight months, led by fund liquidation and weaker-than-expected prices for cattle ready for processing, traders said. August ended 2.475 cents per pound lower at 110.000 cents, and October closed 2.550 cents lower at 108.050 cents. Packers […]

By Theopolis Waters

U.S. livestock: Market uncertainty weighs on CME live cattle futures

Aug. 8, 2017 at 3:59 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were weakened on Tuesday by uncertainty over how much packers will pay for cattle this week and whether the seasonal lull in wholesale beef demand has ended, traders said. Futures remained at a steep discount, or undervalued, compared with this week’s expected […]

By Theopolis Waters

U.S. livestock: Lean hog futures turn higher on cash discounts

Aug. 4, 2017 at 3:34 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange lean hogs settled higher on Friday, with buyers attracted to futures that remained undervalued compared to prices paid by packers for market-ready, or cash, hogs, traders said. CME’s hog index, a barometer for cash prices, for Aug. 2 was 87.11 per cwt. Bargain buying after […]

By Theopolis Waters