Insights and Stories on Live Cattle

May. 25, 2017 at 7:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday reversed some of their recent losses, stirred by fund buying and bargain hunting as the U.S. Memorial Day holiday approaches, said traders. They said futures’ discounts to this week’s cash prices attracted would-be buyers. June closed 1.8 cents/lb. higher […]

By Theopolis Waters

May. 24, 2017 at 4:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts slumped on Wednesday, pulled down by technical selling and lower preliminary cash prices, said traders. June closed 0.95 cent/lb. lower at 122.125 cents (all figures US$). August closed 1.4 cents lower at 119.925 cents, and below the 10-day moving average […]

By Theopolis Waters

May. 23, 2017 at 6:06 pm CDT

Chicago | Reuters — U.S. lean hog futures rose to a three-month high on Tuesday while live cattle declined as some investors unwound hog-cattle spreads, traders and analysts said. Traders locked in profits on long cattle-short hog spreads, with Chicago Mercantile Exchange live cattle declining for the first time in […]

By Michael Hirtzer

May. 22, 2017 at 5:49 pm CDT

Chicago | Reuters — U.S. live cattle futures extended gains to a nearly two-week high on Monday, lifted by bear-spreading and futures’ discount to trades in the cash steer market, traders said. Feeder cattle futures jumped two per cent and lean hog futures hovered near three-month highs while wholesale beef […]

By Michael Hirtzer

May. 19, 2017 at 6:43 pm CDT

Chicago | Reuters — U.S. cattle and hog futures gained about one per cent on Friday, lifted by technical buying despite declines this week in wholesale prices for beef and pork, traders and analysts said. Live cattle gained for the second straight session as futures continued to recover from the […]

By Michael Hirtzer