Insights and Stories on CME

Jun. 3, 2016 at 4:28 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished firm on Friday in anticipation of better cash prices than last week, traders said. June live cattle closed 0.275 cent/lb. higher at 122 cents, and August ended up 0.15 cent to 117.8 cents (all figures US$). After futures closed, […]

By Theopolis Waters

Jun. 2, 2016 at 3:02 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted slight gains on Thursday in anticipation of packers paying the same or more for supplies than last week, traders said. June live cattle closed 0.3 cent/lb. higher at 121.725 cents, and August ended up 0.2 cent, to 117.65 cents […]

By Theopolis Waters

Jun. 1, 2016 at 7:01 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished mixed on Wednesday after the morning’s higher wholesale beef prices prompted traders to buy the June contract and simultaneously sell August, traders said. June live cattle closed up 0.325 cent/lb. to 121.425 cents, and August ended 0.6 cent lower […]

By Theopolis Waters

May. 27, 2016 at 5:30 pm CDT

Chicago | Reuters — A U.S. watchdog agency will launch a review of cattle pricing, including the impact of high-frequency trading on futures, after ranchers complained about a sharp price drop last year. The U.S. Government Accountability Office (GAO) has accepted a request from the Senate judiciary committee to study […]

By Tom Polansek

May. 26, 2016 at 4:44 pm CDT

Chicago | Reuters –– U.S. lean hog futures rose as much as two per cent on Thursday, rallying to the highest levels in a week on gains in pork prices and as investors exited short positions ahead of a long holiday weekend, traders said. Most-active July hogs settled 1.45 cents […]

By Michael Hirtzer