Chicago/Reuters – Chicago Mercantile Exchange live cattle closed down slightly on Wednesday as investors await this week’s cash sales, traders said. August closed down 0.125 cent per lb at 144.925 cents, and October 0.325 cent lower at 146.475 cents. Bids for market-ready, or cash, cattle in Kansas and Texas were at $143 per cwt versus
U.S. livestock: CME live cattle futures weak ahead of cash prices
U.S. livestock: Beef price turnaround rallies CME live cattle futures
Feeder cattle futures close sharply higher, strong lean hog futures settlement
Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts finished in positive territory on Tuesday for the first time in five sessions, fuelled by active short-covering following the recent wholesale beef price rise, traders and analysts said. August closed 2.025 cents per lb higher at 145.050 cents, and October 2.825 cents at 146.800 cents. The morning’s
U.S. livestock: CME live cattle finish flat-lower after choppy session
Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts settled flat to moderately lower following an up-and-down day on Monday, after traders sold deferred contracts and bought August because of its discount to last week’s cash prices, traders and analysts said. Short-covering and the morning’s wholesale beef price uptick at times helped underpin the nearby trading
U.S. livestock: CME live cattle futures extend losses ahead of USDA reports
Chicago/Reuters – Chicago Mercantile Exchange live cattle stretched their losing streak to four days on Friday after investors tweaked positions before the government cattle reports due later in the afternoon, traders said. The U.S. Department of Agriculture’s monthly Cattle-On-Feed report was due at 2 p.m. CDT (1900 GMT). At the same time, USDA will issue
U.S. livestock: Lower cash prices sink CME live cattle for 3rd straight day
Chicago/Reuters – Chicago Mercantile Exchange live cattle futures slid for a third day in a row on Thursday, hitting 13-month lows in those sessions, following preliminary cash price weakness, traders said. August closed 1.150 cents per lb lower at 143.350 cents, and October was down 1.800 cents at 144.650 cents. On Thursday, market-ready, or cash,
U.S. Livestock: CME live cattle again sag to 13-month low as beef demand fades
Chicago/Reuters – Chicago Mercantile Exchange live cattle sank to a 13-month low for a second straight session on Wednesday as wholesale beef demand continued to flounder seasonally, traders said. August closed 0.650 cent per lb lower at 144.500 cents, and October down 0.825 cent at 146.450 cents. Wednesday morning’s wholesale choice beef price, or cutout,
U.S. livestock: Cash price pessimism drops CME live cattle to 13-month low
Chicago / Reuters – Chicago Mercantile Exchange live cattle fell to their lowest level in 13 months on Tuesday in anticipation of lower prices this week for market-ready, or cash, cattle, traders said. August closed 1.600 cents per lb lower at 145.150 cents, and October down 1.750 cents at 147.275 cents. On Tuesday, isolated cash
U.S. livestock: CME live cattle futures finish mostly weak; hogs lower
Chicago / Reuters – Most Chicago Mercantile Exchange live cattle contracts ended weak on Monday after investors sold deferred months and bought August because of its discount to last week’s cash prices, traders said. August closed up 0.100 cent per lb at 146.750 cents, October 0.100 cent lower at 149.025 cents and December down 0.075
U.S. livestock: CME live cattle settle mixed after bouncy session
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed mixed on Friday after a choppy session swayed by pre-weekend positioning and investors digesting this week’s lower cash prices, traders said. August closed up 0.15 cent/lb. at 146.65 cents, and October down 0.3 cent at 149.125 cents (all figures US$). On Friday, market-ready (cash)
U.S. livestock: Sluggish beef demand takes down CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower for a second day in a row on Thursday, pressured by lacklustre wholesale beef demand that could drag down this week’s cash prices, traders said. August closed 0.525 cent/lb. lower at 146.5 cents, and October down 0.8 cent at 149.425 cents (all figures
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