(Photo courtesy Canada Beef Inc.)

U.S. livestock: Lower cash-price sentiment weakens CME live cattle

Chicago | Reuters –– After gaining for the first time in five days on Tuesday, Chicago Mercantile Exchange live cattle futures resumed their downward trend on Wednesday, pressured by expectations for lower cash prices this week, traders said. August closed 0.125 cent/lb. lower at 147.025 cents, and October down 0.1 cent at 150.225 cents (all


(Canada Beef Inc. photo)

U.S. livestock: Beef price upswing snaps skid for live cattle

Chicago | Reuters — For the first time in five sessions Chicago Mercantile Exchange live cattle futures landed in positive territory on Tuesday, helped by the turnaround in wholesale beef values, traders said. August closed 0.55 cent/lb. higher at 147.15 cents, and October up 0.6 cent to 150.325 cents (all figures US$). Tuesday morning’s wholesale






(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle sag, but off session lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted losses on Thursday, hit by slumping wholesale beef demand and initial technical selling, traders said. But, short-covering and hopes of steady-to-better cash prices than last week for unsold cattle freed contracts from morning lows, they said. August closed down 0.525 cent/lb. to 148.475 cents,



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end higher after wild ride

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled higher on Tuesday after a choppy session in which anticipation of stronger cash prices overshadowed slack wholesale beef demand, traders said. August closed up 0.575 cent/lb. at 151.075 cents, and October 0.55 cent higher at 154.025 cents (all figures US$). Fewer market-ready (cash) cattle

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hog supplies, post-holiday slump cool CME futures

Chicago | Reuters — U.S. livestock futures remained mostly sluggish on Monday at the Chicago Mercantile Exchange as traders wrestled with strengthening grain prices, tight supplies of market-ready cattle, and visions of a glut of hogs straining U.S. slaughterhouse capacity in the coming months. Livestock futures trading was relatively light on an historic day at