Insights and Stories on Wholesale

Apr. 20, 2021 at 7:14 pm CDT

Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday for the first time in nine sessions as brisk demand for beef and a rally in lean hog futures prompted a round of bargain-buying, traders said. Chicago Mercantile Exchange June live cattle settled up 0.6 cent at 119.2 […]

By Julie Ingwersen

Apr. 19, 2021 at 7:07 pm CDT

Chicago | Reuters — CME Group live cattle futures fell on Monday, extending their slide to eight straight sessions on long liquidation and signs that surging wholesale beef prices may have reached a seasonal top, analysts said. Feeder cattle futures felt additional pressure from a jump in Chicago Board of […]

By Julie Ingwersen

Jan. 29, 2021 at 7:13 pm CST

Chicago | Reuters — U.S. live cattle futures closed lower on Friday as traders booked profits at the end of the week and month, and as Wall Street equity markets declined, traders said. Lower-than-expected cash cattle trades added to bearish sentiment. Market-ready cattle traded in the cash market as high […]

By Julie Ingwersen

Jan. 28, 2021 at 7:06 pm CST

Chicago | Reuters — U.S. live cattle futures closed narrowly mixed on Thursday, with the benchmark April contract inching higher as strong wholesale beef prices continued to support the market, traders said. Chicago Mercantile Exchange April live cattle settled up 0.075 cent at 122.7 cents/lb. (all figures US$). But front-month […]

By Julie Ingwersen

Jan. 27, 2021 at 7:30 pm CST

Chicago | Reuters — U.S. live cattle futures fell on Wednesday in a light profit-taking setback following a four-session climb, and on spillover weakness from declines in Wall Street equity markets, traders said. However, continued strength in wholesale beef prices and expectations of higher cash cattle prices this week underpinned […]

By Julie Ingwersen