Livestock Markets

May 7 (Reuters) – Chicago Mercantile Exchange live cattle futures moved upward on Wednesday, with support from their discounts to prices for market-ready, or cash, cattle last week, traders said. * Wednesday is the first of five days in which funds that follow the Standard & Poor’s Goldman Sachs Commodity Index will sell, or “roll,”

May 6 (Reuters) – Chicago Mercantile Exchange live cattle turned moderately higher on Tuesday, supported by short-covering and futures’ discount to last week’s cash prices, traders said. * Uncertainty about market-ready, or cash, cattle prices for this week limited advances, they said. * At 8:44 a.m. CDT (1344 GMT), June was up 0.250 cent per

May 5 (Reuters) – Chicago Mercantile Exchange live cattle were expected to open higher on Monday, supported by Friday’s steady-to-strong cash prices, traders said.

May 1 (Reuters) – Chicago Mercantile Exchange live cattle futures rose on Thursday, supported by their discounts to last week’s cash prices, traders said. * U.S. Department of Agriculture export data on Thursday for the week ended April 24 showed U.S. beef sales at 11,400 tonnes, mostly to Japan, compared with 18,000 tonnes the week

April 24 (Reuters) - Chicago Mercantile Exchange live cattle futures gained modestly in volatile action on Thursday as investors adjust positions before Friday's U.S. Department of Agriculture monthly Cattle-On-Feed report, traders said. * Analysts expect Friday's report to show the number of cattle placed in feedyards in March increased 0.8 percent from a year ago

April 23 (Reuters) - Chicago Mercantile Exchange live cattle futures turned lower on Wednesday, pressured by profit-taking and uncertainty regarding cash prices this week, traders said. * Sell stops and fund liquidation exerted more CME live cattle pressure, they said. * There were no deliveries reported by CME late on Tuesday against the April live

Jan 21 (Reuters) - CME live cattle were expected to open mixed on Tuesday with continued record-high beef values offering support, while pressured by caution regarding cash prices for this week, traders said.

* Wholesale beef prices set new record * CME feeder cattle finish mostly lower * Lower cash prices pressure hog futures By Theopolis Waters CHICAGO, Jan 17 (Reuters) - 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