Along with the stronger Canadian dollar, a few other factors have combined to point the Manitoba cattle industry toward something of a downturn, according to Harold Unrau of the Grunthal Livestock Auction Mart. “Grain prices are rising. Cattle futures are staying the same or maybe dropping a bit. So between the dollar and the grain
Chicago | Reuters – Exchange operator CME Group Inc will allow a type of privately negotiated transaction in all its agricultural markets for the first time on Monday, splitting traders who predict the move will either improve or hurt transparency. CME Group, which owns the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange,
Cattle prices rose at Manitoba auction marts during the week ended Oct. 27, as futures prices on the Chicago Mercantile Exchange helped push up sales. “Just about every day it’s been positive (on the Chicago Mercantile Exchange) and that’s what is holding the market probably together on the feeder cattle,” said Robin Hill with Heartland
Moving into the summer, Manitoba’s ranchers are watching cash markets and the weather, with both delivering good news. Cattle futures at the Chicago Mercantile Exchange (CME) saw some turbulence over the past week, though prices for cattle at auctions in Manitoba were able to resist that pressure. “The cash market didn’t seem to reflect it,”
Dec 2 (Reuters) - CME live cattle futures traded narrowly mixed on Monday, while expectations of steady to higher prices in the cash cattle market limited losses, analysts said.
* CME feeders find support from lower CBOT corn * Hog futures narrowly mixed By Meredith Davis CHICAGO, Nov 29 (Reuters) - Chicago Mercantile Exchange live cattle futures closed higher in thin trading on Friday supported by stronger cash cattle prices, traders said. Beef packers this week paid $132 per cwt for cattle in the
* CME feeders follow live cattle higher * Hog futures supported by firm cash hogs By Meredith Davis CHICAGO, Nov 27 (Reuters) - Chicago Mercantile Exchange live cattle futures rose on Wednesday supported by higher cash cattle trades this week, analysts and traders said. Beef packers this week in Kansas paid $132 per cwt, up
Nov 27 (Reuters) - CME live cattle futures traded slightly higher in thin trade on Wednesday, supported by expectations of at least steady cash trade, analysts said.
Nov 26 (Reuters) - CME live cattle futures traded a touch higher on Tuesday, supported by expectations of at least steady cash trade, traders and analysts said.
* Feeder cattle follow live cattle lower * Profit-taking, weak cash weigh on CME hogs * USDA to release cattle, cold storage reports By Meredith Davis CHICAGO, Nov 22 (Reuters) - Chicago Mercantile Exchange live cattle settled narrowly mixed on Friday pressured by lower beef prices this week and by investors adjusting positions before the