Chicago | Reuters — Chicago Mercantile Exchange live cattle fell three per cent on Tuesday, their biggest one-day percentage setback since early May, following the U.S. stock market tumble amid global financial concerns, traders said. Spot-October settled 1.875 cents/lb. lower at 141.325 cents, and December down 1.8 cents at 143.625 cents (all figures US$). Wall
U.S. livestock: CME live cattle take biggest drop in four months
U.S. livestock: CME live cattle fall, hogs rise on month-end trading
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, pressured by weak wholesale beef values and profit-taking on the final trading session of the month, traders said. Spot-August futures, which expired at noon CT, settled 1.025 cents/lb. lower at 145.5 cents (all figures US$). October, the new lead month, ended
U.S. livestock: Cash price sentiments extend CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher for a second straight session on Friday in anticipation of this week’s cash prices, traders said. Spot-August futures, which will expire on Monday, ended 1.875 cents/lb. higher at 146.525 cents, and October up 1.425 cents, at 143.975 cents (all figures US$). “Feedyards and
U.S. livestock: Wall Street surge rallies CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Thursday, prodded by the stock market comeback as data showed better-than-expected second-quarter U.S. economic growth, traders said. Renewed consumer confidence in the economy could support demand for U.S. goods, including meat, they said. Short-covering and bargain hunting furthered CME live cattle market advances
U.S. livestock: Economic fears slam CME live cattle, hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Friday as global economic turmoil sparked fears of a U.S. meat export slowdown, traders and analysts said. Spot-August futures closed 1.05 cents/lb. lower at 145.425 cents, and October 2.475 cents lower at 143.85 cents (all figures US$). “The elephant in the
U.S. livestock: CME live cattle rise with cash bids
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday, supported by short-covering after packers hiked bids for unsold market-ready (cash) cattle, traders said. Spot-August futures closed 1.225 cents/lb. higher at 146.475 cents, and October 1.175 cents higher at 146.325 cents (all figures US$). Processors in Kansas and Texas on Thursday
U.S. livestock: Fallen cash prices rattle CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures suffered their fourth straight day of losses on Wednesday after digesting sharply lower preliminary prices for market-ready (cash) cattle, traders said. Spot-August futures closed down 1.95 cents/lb. to 145.25 cents, and October 2.25 cents lower at 145.15 cents (all figures US$). Earlier on Wednesday, a
U.S. livestock: Cash price caution weakens CME live cattle, hogs
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures lost modest ground on Tuesday, weakened by profit-taking while investors awaited direction from the afternoon’s cash prices, traders said. The spot-October contract closed 0.15 cent/lb. lower at 66.125 cents, and December down 0.05 cent at 62.25 (all figures US$). Prices for market-ready (cash) hogs in
U.S. livestock: Firm cash, pork prices lift CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, supported by the morning’s cash and wholesale pork price gains, traders said. The spot-October contract closed 0.95 cent/lb. higher at 66.275, and December up 0.35 cent at 62.3 cents (all figures US$). Monday morning’s average cash hog price in the western
U.S. livestock: CME live cattle sag with initial cash prices
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Friday after traders pocketed profits following lower preliminary prices for market-ready (cash) cattle, traders said. Spot-August futures closed down 0.4 cent/lb. at 148.45 cents, and October one cent lower at 146.85 cents (all figures US$). Cash cattle traded lightly in Texas at
Cyber-Savvy Farmer
