Tag Archives cattle futures

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts ended higher for a third day in a row on Friday, led by short-covering in response to better-than-expected prices for slaughter-ready, or cash, cattle, said traders. They said fund buying contributed to CME live cattle gains after some contracts broke through technical resistance levels. October

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday sank to a 10-month bottom, and forged new contract lows, as abundant heavier animals continued to drag down cash prices, traders said. October closed 1.825 cents/lb. lower at 54.925 cents and posted a fresh contract low of 54.7 cents (all figures US$). December ended

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday posted losses for a third straight session as plentiful supplies pressured cash prices, traders said. They said liquidation in other commodities led by the U.S. stock market selloff further weighed on CME lean hogs. October closed 2.675 cents/lb. lower at 56.75 cents and posted

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday rose for a second straight session, helped by more short-covering and technical buying after some contracts punched through technical resistance levels, traders said. October live cattle ended 1.3 cents/lb. higher at 105.7 cents (all figures US$). December closed 1.325 cents higher at 106.725

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday shrugged off Thursday’s losses, with October up the three-cents/lb. daily price limit on short-covering and technical buying, traders said. October live cattle ended limit up at 104.4 cents/lb. after breaking through the 10-day moving average of 103.89 cents (all figures US$). December closed