Theopolis Waters

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a new high on Wednesday, fuelled by similar moves in cash and wholesale beef prices, traders and analysts said. Cash, or slaughter-ready, cattle in Texas and Kansas traded at $147 per hundredweight (cwt) on Wednesday, surpassing last week’s $142 record in both states (all

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a new high on Tuesday, fueled by short-covering as beef prices sustained their record pace, traders and analysts said. Tuesday morning’s wholesale choice beef price was $239.57 per hundredweight (cwt) in light sales volume, leaping $3.01 from Monday to its ninth consecutive record, according

Chicago Mercantile Exchange live cattle futures gained modestly on Friday and finished with their sixth straight weekly gain, boosted as wholesale beef prices stayed at record highs, traders and analysts said. Friday morning’s wholesale choice beef price was $231.75 per hundredweight (cwt) in light sales volume, climbing $2.96 from Thursday to its seventh consecutive record,

Chicago Mercantile Exchange live cattle on Thursday finished in the plus column for a third straight day on profit-taking but off record highs, traders and analysts said. February live cattle closed 0.725 cents per pound higher at 140.15 cents, after hitting a new contract high of 141 cents in electronic trading (all figures US$). April

Chicago Mercantile Exchange live cattle futures on Wednesday reached an all-time high, led by record-breaking prices for slaughter-ready cattle and beef at wholesale, traders said. Wednesday afternoon’s wholesale choice beef price was $224.62 per hundredweight (cwt), which jumped $3.58 from Tuesday to its fifth successive record, according to U.S. Department of Agriculture data (all figures

Chicago Mercantile Exchange live cattle futures on Tuesday rose to an all-time, fueled by persistent record-high wholesale beef prices that ignited short-covering, traders said. The morning’s wholesale choice beef price, or cutout, was $219.97 per hundredweight (cwt) in light volume. That price surged $3.03 from Monday to its fourth consecutive record, according to the U.S.

Chicago Mercantile Exchange live cattle futures settled narrowly mixed on Monday as funds sold, or rolled, the February contract and mainly bought the April month, traders said. That shift by CME live cattle and hog fund investors was made in conjunction with the monthly process known as the “roll” by followers of the Goldman Sachs

Chicago Mercantile Exchange live cattle futures gained moderately on Friday, and posted advances for a fifth straight week, as cash and wholesale beef prices again set new highs, traders said. On Friday, cash cattle in the U.S. Plains traded at $139 to $140 per hundredweight (cwt), topping last week’s record of $137 to $138, feedlot

Chicago Mercantile Exchange live cattle futures settled mixed on Thursday, drawing support from record-high beef prices as profit-taking weighed, traders said. February live cattle closed up 0.025 cent per pound at 136.55 cents, and April finished down 0.1 cent at 136.875 cents (all figures US$). “Had it not been for strong beef demand, February futures