Insights and Stories on Fed Cattle Exchange

Jul. 6, 2017 at 7:49 pm CDT

Chicago | Reuters — U.S. live cattle futures gained more than one per cent on Thursday, rebounding from a two-month low on chart-based technical buying and slightly firmer trades in cash cattle markets, traders said. Most-active CME August live cattle knocked out Wednesday’s session low early in Thursday’s session but […]

By Michael Hirtzer

Jun. 28, 2017 at 5:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher on Wednesday after bargain buying and short-covering offset early-session selling following Tuesday’s heavy losses, said traders. They said discounts in deferred months to this week’s expected cash prices contributed to market advances. June, which will expire on Friday, […]

By Theopolis Waters

Jun. 27, 2017 at 5:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday bowed to fund liquidation that wiped out Monday’s sharp gains, including the August contract’s settlement up its three-cent per pound daily price limit, traders said. They attributed further selling on lower wholesale beef values that could weigh on […]

By Theopolis Waters

Jun. 26, 2017 at 5:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply higher on Monday, with the August contract up the three-cent per pound daily price limit, helped by buy stops and fund buying, said traders. They said Monday morning’s wholesale beef price upswing and back-month futures’ discounts to last […]

By Theopolis Waters

Jun. 14, 2017 at 6:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday finished down their three cents/lb. daily price limit, hit by fund liquidation and lower preliminary cash prices, said traders. June and August closed limit down at 124.5 cents and 117.875 cents, respectively. Both contracts ended below their […]

By Theopolis Waters