Tag Archives cattle futures

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended lower on Wednesday following softer wholesale beef values and this week’s disappointing cash prices, traders said. The thinly traded August live cattle contract, which expired at noon CT, closed up 0.45 cent/lb. at 111.95 cents (all figures US$). Most actively traded October and December

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Tuesday closed in positive territory for the first time in 12 sessions, helped by short-covering and futures’ discounts to early-week cash prices, traders said. August live cattle, which will expire on Wednesday, closed up 0.75 cent/lb. to 111.5 cents (all figures US$). Most actively

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts drifted lower on Monday on ample supplies that pressured wholesale beef values and could again hurt cash prices by Friday, traders said. Thinly traded August futures, which will expire on Wednesday, were supported by their discount to last week’s prices for market-ready, or cash,

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts on Thursday tallied losses for a ninth day in a row, pressured by bearish market fundamentals that offset futures’ discount to cash prices, traders said. August live cattle ended down 0.25 cent/lb., to 112.475 cents (all figures US$). Most actively traded October closed 0.375 cent