Insights and Stories on Live Cattle

Feb. 5, 2016 at 5:46 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts closed lower on Friday, weighed by cash price caution and heavy U.S. stock market losses, traders said. The day’s firm U.S. dollar and the plunge in equities tied to disappointing jobs data pulled most commodity prices lower, they said. Altin […]

By Theopolis Waters

Feb. 4, 2016 at 6:36 pm CST

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed weak on Thursday, after investors sold deferred months and bought February in anticipation of at least steady cash prices by Friday, traders said. Packers in Kansas and Texas on Thursday bid $138/cwt for market-ready, or cash, cattle, which […]

By Theopolis Waters

Feb. 3, 2016 at 6:38 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained for a third straight day on Wednesday, with packers eyeing fewer available cattle as the U.S. Plains digs out from wintry weather, traders said. They said that while some processors have resumed normal operations, others still found it difficult […]

By Theopolis Waters

Feb. 2, 2016 at 4:29 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose modestly on Tuesday, helped by inclement weather in the western corn belt that delayed delivery of livestock to packing plants, said traders. Blizzard conditions in the central U.S. shut down some Cargill and Tyson Foods beef and pork processing […]

By Theopolis Waters

Feb. 1, 2016 at 5:02 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained moderately on Monday, following an up-and-down session that was ultimately supported by last week’s cash price strength, traders said. February live cattle closed up 0.375 cent/lb., to 135.675 cents, and April ended 0.425 cent higher at 134.425 (all figures […]

By Theopolis Waters