CME live cattle futures slip on profit-taking

May 30 (Reuters) – Chicago Mercantile Exchange live cattle futures on Friday edged down slightly, pressured by profit-taking after Thursday’s steep climb, traders said. * Futures’ discount to this week’s prices for market-ready, or cash, cattle limited market losses, they said. * Friday’s USDA export data for the week ended May 22 showed U.S. beef

CME live cattle futures turn up with beef prices

May 28 (Reuters) – Chicago Mercantile Exchange live cattle futures turned higher on Wednesday, supported by late Tuesday’s strong wholesale beef prices, traders said. * Tuesday afternoon’s wholesale choice beef price rose $1.14 per hundredweight (cwt) from Monday to $233.12. Select cuts jumped $1.75 to $222.65, based on U.S. Department of Agriculture data. * Packer