(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle sag for sixth straight session

Chicago | Reuters — Chicago Mercantile Exchange February live cattle futures fell Thursday for a sixth straight session, pressured by fund-driven long liquidation, falling cash cattle prices and softening wholesale beef demand, traders said. “Fund liquidation continues be a factor in the meat complex, although lower product prices are adding justification for the selling at






(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle surge to contract highs on higher cash prices

Chicago | Reuters –– U.S. live cattle and feeder cattle futures contracts surged to lifetime peaks on Monday, boosted by unexpectedly high-priced sales in cash cattle markets that occurred after the futures close on Friday, traders said. Cattle futures on the Chicago Mercantile Exchange surpassed Friday’s highs when trade resumed on Monday and some contracts

Strength in beef demand, futures supports prices

Strength in beef demand, futures supports prices

More U.S. cattle coming to market could add pressure

Cattle prices at Manitoba auction marts remained surprisingly strong for the week ended Oct. 20 as higher U.S. futures prices and steady demand elevated prices across the board. Bids for feeder steers (300-400 lbs.) were up roughly $5 per hundredweight, with top-quality feeders attracting strong bids. The heavier-weight animals also attracted solid interest. Steers (700-800