(Canada Beef Inc. photo)

U.S. livestock: CME live cattle close lower on cash price outlook

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

(Scott Bauer photo courtesy ARS/USDA)

U.S. livestock: CME live cattle, hogs close mixed after volatile day

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



(CMEGroup.com)

U.S. livestock: CME live cattle slump on cash price outlook

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures retreated on Thursday after investors pocketed profits in anticipation of steady or lower cash prices, traders said. October live cattle ended at 157.375 cents per pound, 2.325 lower, and December fell 2.4 cents to 159.7 (all figures US$). Futures slid after packers in Texas and


(Canada Beef Inc. photo)

U.S. livestock: CME live cattle end mixed after choppy session

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled mixed on Wednesday, supported by October future’s discount to last week’s cash prices but pressured by profit-taking, traders said. October closed at 159.7 cents per pound, up 0.025 cent, and December down 0.175 cent to 162.1 cents (all figures US$). Last week, market-ready, or cash,



(Canada Beef Inc. photo)

Klassen: Yearlings in hot demand

September has started with a roar, with fresh lofty levels reached on all weight categories and classes of feeder cattle. The slower summer period gave feedlot operators a chance to rejuvenate and there was no shortage of optimism and energy at auction barns across the Prairies. The equity building over the past year has resulted

(Canada Beef Inc. photo)

U.S. livestock: CME live cattle end lower as funds roll positions

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Monday as funds rolled their positions by selling the October contract and buying deferred months, traders said. Funds trading in CME’s live cattle and hog markets shifted October long positions further back in a procedure known as the “roll” by followers of


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle, hogs close up sharply with cash prices

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished nearly two per cent higher on Friday as supply-strapped packers spent more for slaughter-ready, or cash, cattle than expected, traders said. October live cattle settled ended up 2.7 cents per pound at 159.75 (all figures US$). December closed at 160.925, up 2.425 cents after

(CMEGroup.com)

U.S. livestock: CME live cattle close mixed, hogs mostly lower

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed mixed on Thursday, supported by initially higher cash prices while pressured by profit-taking, traders said. October live cattle ended up 1.625 cents per pound at 157.05 cents, and December at 158.5, up 0.5 cent (all figures US$). February finished 1.4 cents lower at 156.7,