Insights and Stories on CME

U.S. livestock: CME live cattle resume trek to nine-month low

Aug. 23, 2017 at 3:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday hit a nine-month low for the fourth time in the past five sessions, led by seasonally soft wholesale beef demand and lower initial cash prices, said traders. Fund liquidation contributed to declines after deferred contracts slipped below key […]

U.S. livestock: CME live cattle break four-session losing skid

Aug. 22, 2017 at 5:26 pm CDT

By Theopolis Waters

U.S. livestock: Live cattle at nine-month low for third straight session

Aug. 21, 2017 at 4:57 pm CDT

By Theopolis Waters

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

Aug. 18, 2017 at 4:06 pm CDT

By Theopolis Waters

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

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday reversed some of Tuesday’s advances, led by fund liquidation and expectations for softer prices for slaughter-ready, or cash, cattle this week, traders said. “We obviously still see liquidation by funds that are still long the market,” West Oak […]

By Theopolis Waters

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

Aug. 15, 2017 at 4:46 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply higher on Tuesday, ignited by bargain buying after burdensome supplies recently sank the contract to eight-month lows, said traders. “Everybody was just overly bearish and we had lots of long liquidation by funds pushing the market down. So […]

By Theopolis Waters

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

Aug. 14, 2017 at 3:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday on expectations for lower prices for slaughter-ready, or cash, cattle this week amid ample supplies, traders said. The decline triggered pre-determined sell orders, and funds sold the October contract after it slipped beneath its 200-day moving average […]

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