Insights and Stories on CME

U.S. livestock: CME live cattle gain for fourth straight session

Mar. 13, 2017 at 5:54 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle on Monday rose for a fourth consecutive session, with strength from buy stops and futures’ discounts to last week’s cash prices, said traders. They said profit-taking and caution ahead of this week’s cash returns pulled contracts from session highs. Monday was […]

U.S. livestock: Cattle gain on higher beef prices, lower corn

Mar. 10, 2017 at 5:42 pm CST

By Michael Hirtzer

U.S. livestock: Feeder cattle up one per cent

Mar. 9, 2017 at 4:45 pm CST

By Michael Hirtzer

U.S. livestock: Live cattle sink on technical selling

Mar. 6, 2017 at 4:38 pm CST

By Karl Plume

U.S. livestock: Fallen cash, pork prices slam CME hogs

Mar. 3, 2017 at 4:46 pm CST

By Theopolis Waters

U.S. livestock: Supply growth worries sink CME live cattle

Mar. 2, 2017 at 3:12 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures slumped on Thursday, with pressure from profit-taking partly fueled by increased supply expectations, traders said. April live cattle closed 1.425 cents/lb. lower at 116.15 cents, and June closed 1.075 cents lower at 106.725 cents (all figures US$). “I’m surprised at […]

By Theopolis Waters

U.S. livestock: CME live cattle end mostly firm

Mar. 1, 2017 at 4:16 pm CST

Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle futures closed firmer on Wednesday, after investors sold April futures and simultaneously bought deferred months. Investors held off buying April futures despite strong wholesale beef values and steady-to-better cash price expectations for this week. April live cattle closed 0.35 cent/lb. […]

By Theopolis Waters

U.S. livestock: Funds, beef demand fuel CME live cattle rally

Feb. 28, 2017 at 3:47 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Tuesday, driven by fund buying and brisk wholesale beef demand, said traders. They said deferred-month contracts’ discounts to this week’s expected cash prices provided additional market support. February live cattle, which expired at noon CT, closed […]

By Theopolis Waters

U.S. livestock: CME live cattle futures score 10-month high

Feb. 27, 2017 at 6:07 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures reached their highest since late April 2016, driven by short-covering amid brisk wholesale beef demand, said traders. They said speculators bought deferred cattle contracts after Friday’s U.S. Department of Agriculture monthly Cattle on Feed report proved less bearish than some […]

By Theopolis Waters

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 […]

By Michael Hirtzer