Insights and Stories on CME

Dec. 12, 2014 at 6:24 pm CST

Chicago | Reuters — CME live cattle ended lower Friday as fund selling and weak cash cattle prices weighed, traders said. Lower U.S. stocks and weak crude oil also pressured the overall livestock futures market, said Lane Broadbent of KIS Futures. “We are in a tough time of the year […]

By Meredith Davis

Dec. 9, 2014 at 7:10 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday on short-covering, ending five straight losing sessions, led by bearish fundamentals, traders said. December live cattle closed 0.95 cent per pound higher at 162.4 cents, and February was at 163.05 cents, up 1.175 cents (all figures […]

By Theopolis Waters

Dec. 8, 2014 at 6:01 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell almost two per cent on Monday, their biggest daily percentage loss since early October, partly pressured by bearish fundamentals, traders said. Sell stops and active fund selling accelerated losses that dropped December and February by their maximum three cents […]

By Theopolis Waters

Oct. 27, 2014 at 4:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher on Monday, fueled by the rebound in wholesale beef prices that helped erase Friday’s market losses, traders said. October closed 1.3 cents per pound higher at 169.55 cents, and December was 0.925 cents higher at 167.825 cents (all […]

By Theopolis Waters

Oct. 14, 2014 at 5:06 pm CDT

CME Group, the world’s top derivatives marketplace, has announced plans to cut about 150 jobs, or five per cent of its staff worldwide, mainly from its technology department. The staff cuts come as part of the company’s previously announced restructuring, which included a decision earlier this month to cut its […]

By Staff