Insights and Stories on Lean Hog

Dec. 16, 2015 at 4:50 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Wednesday, weighed down by investor caution while waiting for the remainder of cash cattle to change hands, traders said. Spot December ended down 0.325 cent/lb., to 119.975 cents, and February 0.55 cent lower at 124.925 (all figures US$). […]

By Theopolis Waters

Dec. 15, 2015 at 4:31 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished moderately higher on Tuesday, after uneasiness about cash prices later this week pulled contracts from initial short-covering highs, traders said. Spot December ended up 0.775 cent/lb. to 120.3 cents, and February 1.125 cents higher at 125.525. Those who had […]

By Theopolis Waters

Dec. 14, 2015 at 4:44 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures suffered sizable losses on Monday, with slumping wholesale beef values increasing the possibly of further cash price weakness ahead, traders said. Spot December ended down 1.925 cents/lb., to 119.525 cents, and February 1.85 cents lower at 124.4 (all figures US$). […]

By Theopolis Waters

Dec. 10, 2015 at 3:34 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts closed higher on Thursday, driven by short-covering that gradually gave way to this week’s lower cash prices and lacklustre wholesale beef demand, traders said. Spot December closed 1.7 cents/lb. higher at 121.55 cents, and February up 2.375 cents, to 126.525 […]

By Theopolis Waters

Dec. 9, 2015 at 3:27 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday tumbled to the lowest level for the life of the contract, hit by slumping prices for market-ready (cash) cattle, traders said. Spot December closed 2.4 cents/lb. lower at 119.85 cents, after marking a fresh contract low of 119.25 […]

By Theopolis Waters