PHOTO: Lisa Guenther

U.S. livestock: Futures rally ahead of U.S. Thanksgiving

Chicago cattle and hog futures rallied on Wednesday ahead of the American Thanksgiving holiday. Most-active February live cattle contracts closed at 212.925 cents a pound, up 5.600 cents. April futures gained 5.675 cents to settle at 214.250 cents a pound. Most-traded January feeder cattle futures gained 8.050 cents to close at 315.125 cents a pound.

Photo: Geralyn Wichers

U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday

Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving



Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

U.S. livestock: Cattle futures end limit down

Chicago live and feeder cattle futures fell by their limits on Monday following news of a Nebraska processing plant closure. All live cattle contracts fell by 7.250 cents. Most-traded June contracts settled at 201.725 cents a pound while February futures closed at 207.525 cents. Feeder cattle contracts dropped by their 9.250-cent limit. Most-traded March futures