Insights and Stories on Labour Day

Aug. 18, 2017 at 4:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures pared losses on Friday after falling to their lowest level in nine months, led by this week’s steep cash price drop and seasonally downward-trending wholesale beef values, said traders. Bargain buying and traders covering their short positions lifted contracts from […]

By Theopolis Waters

Sep. 2, 2016 at 7:01 am CDT

Singapore/Paris | Reuters, 7:01 a.m. CT –– Chicago wheat futures prices rose for a second session on Friday with short-covering ahead of the Labour Day holiday weekend supporting prices, although the trend was set for a second week of declines amid plentiful world supplies. Corn was up for a second […]

By Naveen Thukral, Sybille De La Hamaide

Sep. 1, 2016 at 6:03 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Thursday to their lowest level in five years following this week’s weaker cash prices on anticipation of increased supplies over the next few months, traders said. October live cattle ended down by the three cents/lb. daily price limit, […]

By Theopolis Waters

Aug. 23, 2016 at 2:37 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures’ losing streak stretched to a seventh consecutive session on Tuesday in anticipation of softer cash prices by Friday, traders said. August live cattle ended down 0.175 cent/lb. to 113.25 cents (all figures US$). Most actively traded October closed 0.625 cent […]

By Theopolis Waters

Aug. 22, 2016 at 4:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a sixth day in a row on Monday, pressured by supply worries implied by last Friday’s U.S. Department of Agriculture monthly Cattle on Feed report, traders said. The report showed two per cent more cattle placed in U.S. […]

By Theopolis Waters