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(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

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

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained on Thursday in anticipation of an increase in prices for market-ready (cash) cattle by Friday, traders said. Investors adjusted positions before Friday’s U.S. Department of Agriculture monthly Cattle on Feed report. USDA will issue the monthly cold storage report on Thursday at 2 p.m.
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle end mixed, hogs weaker

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished mixed on Wednesday stirred by profit-taking and positioning before the sale of cash cattle as early as Thursday, traders said. Spot October closed 0.275 cent/lb. lower at 139.975, and December down 0.025 cent to 143.15 (all figures US$). February and April closed up 0.275
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle up again as beef quotes rise

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher for a second straight session Monday, supported by the morning’s wholesale beef price increase, traders said. Spot October closed 2.325 cents/lb. higher at 138.275, and December up 2.225 cents to 141.65 (all figures US$). Monday morning’s wholesale choice beef price, or cutout, climbed
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle limit up on strong cash prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed sharply on Friday, with October settling up the three cents per pound daily price limit, ignited by short-covering after initial cash prices beat expectations. Spot October closed at 135.95 cents/lb. and December rose 2.875 cents, to 139.425 (all figures US$). Live cattle’s trading limit
(Canada Beef Inc. photo)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Higher cash price outlook lifts CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday, supported by rising wholesale beef values that could help strengthen cash prices as early as Thursday, traders said. Spot October closed 1.325 cents/lb. higher at 133.75 cents, and December up 0.225 cent to 137.425 (all figures US$). Wednesday afternoon’s wholesale choice beef
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle finish mostly weak

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Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts ended moderately lower on Tuesday, with October helped by the upturn in wholesale beef prices and anticipation of higher cash prices later in the week, traders said. But, they said, profit-taking and uneasiness about cattle supplies in the coming months pressured remaining CME live

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