(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle rise on strong cash markets

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Friday, with nearby contracts supported by firm cash markets and strong wholesale beef values, traders said. Deferred offerings rose as traders covered short positions ahead of the U.S. Agriculture Department’s monthly Cattle on Feed report. The report, released after the close of the

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures drop

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped on Thursday on profit-taking and fund liquidation ahead of the U.S. Agriculture Department’s monthly Cattle on Feed report. Feeder cattle followed live cattle futures lower. Hog futures were mixed on bull spreading, with the front month contract rising in thin trading while deferreds weakened.






(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle extend slide

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, extending their slide to four straight sessions on declining cash prices and expectations of rising cattle supplies in the next few months. Cash cattle traded lightly in Texas and Kansas, down $1 from last week’s trade, brokers said (all figures US$). “We