Insights and Stories on Cattle Futures

U.S. livestock: Profit-taking pressures cattle futures, boosts hogs

Feb. 24, 2017 at 4:04 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly lower on Friday while lean hog futures gained sharply as investors took profits in each livestock contract, traders and analysts said. Cattle fell after Thursday’s nearly four-week high and hogs rebounded from a roughly two-month low. “It’s just […]

U.S. livestock: Hogs extend losses on cash expectations

Feb. 23, 2017 at 6:40 pm CST

By Michael Hirtzer

U.S. livestock: Hogs tumble on pork price declines

Feb. 22, 2017 at 4:50 pm CST

By Michael Hirtzer

U.S. livestock: Cattle hit four-week high on beef gains

Feb. 21, 2017 at 5:02 pm CST

By Michael Hirtzer

Klassen: Feeder cattle drop on cautious feedlot demand

Feb. 20, 2017 at 9:33 pm CST

By Jerry Klassen

U.S. livestock: CME live cattle rebound on cash, beef prices

Feb. 17, 2017 at 3:06 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures halted a two-day slide on Friday, sparked by improved wholesale beef values and better-than-expected cash prices, said traders. They said buy stops and technical buying furthered live cattle market advances. CME livestock markets will be closed on Monday in observance […]

By Theopolis Waters

U.S. livestock: Cash price unease pressures CME live cattle

Feb. 16, 2017 at 4:41 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday slipped for a second straight day, amid investor caution while waiting for remaining cash cattle to change hands by Friday, said traders. Short-covering and futures’ discounts to early-week cash returns provided downside market support, they said. February live […]

By Theopolis Waters

U.S. livestock: CME live cattle, hogs slump on profit-taking

Feb. 15, 2017 at 4:44 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday bowed to profit-taking, prompted by softer wholesale beef values and uncertainty about cash prices this week, traders said. Technical selling contributed to market losses, they noted. February live cattle closed 0.6 cent/lb. lower at 116.775 cents, and below […]

By Theopolis Waters

U.S. livestock: Firmer beef quote rallies CME live cattle

Feb. 14, 2017 at 4:03 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted strong gains on Tuesday, reversing Monday’s selloff, fueled by short-covering and wholesale beef price rebound, said traders. Technical buying ensued after investors bought the February contract and simultaneously sold deferred months in a trading strategy known as bull spreads. […]

By Theopolis Waters

U.S. livestock: CME live cattle brace for possible weak cash prices

Feb. 13, 2017 at 7:49 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures sagged on Monday in advance of potentially lower cash prices this week as packers attempt to recover lost profits, said traders. February live cattle closed down 0.475 cent/lb. at 115.925 cents, and April was 0.625 cent lower at 112.525 cents […]

By Theopolis Waters