(CMEGroup.com)

U.S. livestock: CME live cattle futures slump, but off session lows

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Thursday, pressured by profit taking before the last trading day of the month on Friday, traders said. Earlier, February and April triggered sell stops and fund liquidation after falling below the 10-day moving average of 152.95 cents and 151.05 cents, respectively (all



(CMEGroup.com)

U.S. livestock: CME live cattle see biggest daily rise in six months

Chicago | Reuters — Chicago Mercantile Exchange live cattle posted their biggest one-day percentage increase in six months on Tuesday, driven up over two per cent by bargain hunting, traders said. Speculative buying and short-covering helped boost nearby trading months to their three-cents-per-pound price limit, which will result in an expanded limit to 4.5 cents

U.S. hog farmers see ‘significant progress’ in Trans-Pacific talks

Washington | Reuters –– U.S. pork producers on Monday hailed “significant progress” in Asia-Pacific regional trade talks and urged lawmakers to give the White House authority to fast-track trade deals, a sign that a deadlock with Japan may be softening. An impasse between the U.S. and Japan, the two biggest economies in the 12-nation Trans-Pacific


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs break five-day stretch of two-year lows

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs ended higher on Monday on short-covering, and the wholesale pork price bounce that helped snap futures’ five-day streak of two-year lows, traders said. February closed 1.525 cents per pound higher at 70.825 cents, and April up two cents, to 72.65 cents (all figures US$). CME lean

(USDA.gov via Flickr)

U.S. livestock: CME live cattle futures plunge before USDA report

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Friday, with nearby contracts down the three-cents-per-pound price limit, ahead of the U.S. Department of Agriculture’s monthly Cattle-On-Feed report at 2 p.m. CT. Analysts expect the report to show a decline in the number of cattle placed in feedlots last month. February and



(Canada Beef Inc. photo)

U.S. livestock: CME live cattle bounce with beef prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Wednesday, lifted by short-covering stirred by the morning’s wholesale beef price rebound, traders said. February live cattle closed up 0.65 cent per pound, to 153.7 cents, and April 0.8 cents higher at 151.875 cents (all figures US$). Wednesday morning’s choice wholesale beef climbed


(CMEGroup.com)

U.S. livestock: CME live cattle resume downtrend, but off lows

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed lower on Tuesday after skittish buyers and fund liquidation wiped out Friday’s modest gains that briefly halted an eight-day losing skid, traders said. February live cattle closed down 1.4 cents per pound, to 153.05 cents, and April ended 1.875 cents lower at 151.075 cents (all