(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle decline on profit-taking

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell one per cent on Thursday, pressured by technical selling and as investors took profits following Wednesday’s nearly four-week high, traders and analysts said. Feeder cattle futures also were mostly lower while lean hog futures were mixed, with the front-month contract hitting the lowest levels



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Strong cash prices push CME live cattle higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts ended higher for a third day in a row on Friday, led by short-covering in response to better-than-expected prices for slaughter-ready, or cash, cattle, said traders. They said fund buying contributed to CME live cattle gains after some contracts broke through technical resistance levels. October







(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle gain again, hogs drift lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday rose for a second straight session, helped by more short-covering and technical buying after some contracts punched through technical resistance levels, traders said. October live cattle ended 1.3 cents/lb. higher at 105.7 cents (all figures US$). December closed 1.325 cents higher at 106.725