Insights and Stories on Cutout

May. 29, 2018 at 5:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a five-week high on Tuesday, bolstered by technical buying and gains in prices for cash hogs and pork, traders said. Live cattle futures were lower, easing on chart-based selling. Feeder cattle were higher, supported in part by lower […]

By Michael Hirtzer

Apr. 6, 2018 at 11:45 pm CDT

CNS Canada — Representatives from the two largest pork-exporting states in the U.S. were in Winnipeg Thursday to take in the Manitoba Pork Council’s general meeting. The delegates, who hailed from Iowa and Minnesota, talked about the various challenges facing their industry. In 2017, over a quarter of the U.S. […]

By Dave Sims

Jan. 18, 2017 at 6:43 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday for a third day in a row, following the  morning’s wholesale beef price upswing and initial cash price strength, traders said. February live cattle closed 0.7 cent/lb. higher at 120.275 cents, and April closed up 0.4 […]

By Theopolis Waters

Jan. 17, 2017 at 4:55 pm CST

Chicago | Reuters — Chicago Mercantile Exchange nearby live cattle contracts on Tuesday climbed to their highest level in 10 months after investors digested last week’s better-than-expected cash prices, traders said. February live cattle closed 1.05 cents/lb. higher at 119.575 cents, and April up 1.075 cents, to 119 cents. “It […]

By Theopolis Waters

Oct. 6, 2015 at 3:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished up their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and bargain hunting following the spike in wholesale beef prices, traders said. Spot October and December finished at 125.125 and 133.225 cents, respectively (all figures US$). Live cattle’s trading […]

By Theopolis Waters