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 and pork prices climbed ahead
U.S. livestock: Cattle hit two-week high on cash discount, bear-spreading
U.S. livestock: Hogs, cattle rise on technical buying
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 roughly two-week low reached on
U.S. livestock: Cattle rebound on technical buying, lower animal weights
Chicago | Reuters –– U.S. cattle futures climbed on Thursday, rising on technical buying and lower animal weights that suggested feedlots were aggressively marketing cattle to meet strong beef packer demand, traders and analysts said. Both Chicago Mercantile Exchange live and feeder cattle futures were technically oversold after steep losses during the past two weeks.
U.S. livestock: Hogs end mixed on profit-taking
Chicago | Reuters — U.S. lean hog futures jumped to the highest levels in three months on Wednesday, rising alongside wholesale pork prices before some hog contracts turned lower on profit-taking, traders and analysts said. Chicago Mercantile Exchange cattle futures were mostly higher, buoyed by expectations that U.S. consumers will buy more meat for outdoor
U.S. livestock: Cattle futures ease in technical selloff
Chicago | Reuters –– U.S. cattle futures eased on Monday, with live cattle shedding two per cent and feeders dropping for the fourth time in the last five sessions in a technical selloff, traders and analysts said. Investors continued to take profits on long positions as cattle declined from their more than one-year highs on
U.S. livestock: Cattle fall on profit-taking reversal
Chicago | Reuters — U.S. live cattle and feeder cattle futures declined two per cent or more on Tuesday, reversing from earlier gains as traders took profits on concern that surging prices could hurt beef demand, traders and analysts said. Lean hog futures were higher at the Chicago Mercantile Exchange but finished well off their
U.S. livestock: Cattle mostly sharply higher on roll, beef gains
Chicago | Reuters — U.S. live cattle futures were mostly sharply higher on Monday, rising as investors rolled positions forward and as wholesale beef prices extended gains, traders and analysts said. Feeder cattle and lean hogs also climbed at the Chicago Mercantile Exchange, with all three recouping a portion of the losses notched on Friday
U.S. livestock: Cattle firm on discount to cash trades
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a roughly 1-1/2 year high on Thursday, boosted by gains in cash cattle prices that widened futures’ discount to the cash market, dealers said. Feedlots bought a small number of cattle in Nebraska at $128/cwt, up $2 from last week (all figures US$).
U.S. livestock: Cattle extend gains on fund buying
Chicago | Reuters — U.S. cattle futures extended gains on Wednesday, with most live and feeder cattle contracts hitting lifetime highs on investment fund buying as wholesale beef prices also climbed, traders said. The higher cattle prices came despite expectations for weaker trades this week in U.S. Plains cash cattle markets as some beef packers
U.S. livestock: Cattle hit 2-1/2-week highs
Chicago | Reuters — U.S. live cattle futures jumped to a 2-1/2 week peak on Tuesday while lean hogs were mostly higher on support from investment fund buying linked to big gains in wholesale beef prices, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle futures gained for the fifth straight session, settling
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