Beef cattle

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs posted modest losses on Wednesday amid uncertainty regarding near-term prices for slaughter-ready or cash hogs, traders said. October hogs closed 0.425 cent per pound lower at 107.45 cents, and December at 95.2 cents, down 0.05 cent. The U.S. Department of Agriculture’s Wednesday morning direct cash hog

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed narrowly mixed on Tuesday after a volatile session, pressured by lower wholesale beef values but supported by futures’ discount to last week’s cash prices, traders said. October live cattle finished down 0.05 cent per pound at 155.45 cents, and December up 0.075 cent to 158.725

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed mixed on Monday, pressured by last week’s lower cash prices but supported by bear spreads, traders said. Bear spreads consisted of investors who bought back months and simultaneously sold nearby contracts with the view that Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report confirmed tight

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mixed on Friday on positioning before the U.S. Department of Agriculture’s monthly Cattle-On-Feed report. Analysts expect the data at 2 p.m. CT to show fewer cattle were placed in feedyards last month due to sufficient pastures that allowed ranchers to fatten livestock longer outside

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slumped more than two per cent on Wednesday, pressured by lower prices for slaughter-ready or cash hogs and pork at wholesale, traders said. October closed 1.775 cents per pound lower at 105.1 cents, and December at 93.9 cents, down 2.025 cents (all figures US$). Wednesday

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed down slightly on Tuesday in anticipation of likely lower prices for market-ready or cash cattle this week, traders said. October and December live cattle both ended 0.15 cent per pound lower, at 156.2 and 158.875 cents, respectively (all figures US$). Packers might curb cash

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mixed on Monday after a choppy session that lacked clear fundamental direction. “People are waiting for this week’s cash sales, but until then there is nothing to trade off of,” a trader said. October live cattle ended at 156.35 cents per pound, up 0.075