Insights and Stories on Live Cattle

Nov. 16, 2015 at 6:47 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished Monday’s session down by their three cents/lb. daily price limit after late Friday’s cash prices fell short of expectations, traders and analysts said. Spot December finished at 127.675 cents/lb., and February at 129.65 cents (all figures US$). Live cattle’s […]

By Theopolis Waters

Nov. 13, 2015 at 5:32 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange cattle futures fell sharply on Friday, rounding out the week on a sour note as traders sought cover amid a steep downturn in wholesale beef prices. CME live cattle and feeder cattle futures gave back much of the gains they had made in […]

By P.J. Huffstutter

Nov. 12, 2015 at 6:23 pm CST

Chicago | Reuters — Livestock futures traders continued to hunt for cover on their short positions Thursday, resulting in Chicago Mercantile Exchange cattle futures climbing a second day after prices slid to contract lows earlier this week. The Chicago Mercantile Exchange saw live cattle and feeder cattle futures on Wednesday […]

By P.J. Huffstutter

Nov. 11, 2015 at 4:50 pm CST

Chicago | Reuters — The Chicago Mercantile Exchange saw live cattle and feeder cattle futures bounce back strongly from contract lows on Wednesday, with prices hitting their daily limits as traders snapped up bargains and investors covering their short positions. Meanwhile, CME lean hog futures also saw a turnaround as […]

By P.J. Huffstutter

Nov. 9, 2015 at 5:05 pm CST

Chicago | Reuters –– The Chicago Mercantile Exchange saw all of its live cattle and all but two feeder cattle futures contracts fall by the daily trading limit on Monday, pressured by technical selling and weakening wholesale beef prices, traders and industry analysts said. Meanwhile, CME lean hog contracts continued […]

By P.J. Huffstutter