Tag Archives Lean Hog

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mostly higher on Tuesday, driven by short-covering after contracts settled down their three cents/lb. daily price limit on Monday, traders said. CME’s live cattle futures will return to the normal three-cent limit on Wednesday after failing to settle at the expanded limit of 4.5

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed firmer on Thursday, helped by expectations that cash prices will hold steady or rise by Friday, said traders. June live cattle closed up 0.175 cent/lb. at 123.2 cents, and August rose 0.125 cent to 118.85 cents (all figures US$). Packers in the U.S. southern

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures posted sharp gains on Wednesday, bolstered by technical buying and much-improved wholesale beef demand, traders said. June live cattle closed up 1.8 cents/lb. to 123.025 cents, after topping the 100-day moving average of 122.67 cents (all figures US$). August ended 2.725 cents/lb. higher at 118.725

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed moderately lower on Tuesday after traders sold deferred months and bought June as wholesale beef values improved, traders said. June live cattle closed up 0.45 cent/lb., at 121.225 cents (all figures US$). August ended 0.55 cent/lb. lower at 116 cents, and October finished