Chicago Mercantile Exchange cattle futures pulled back from the previous week's rally on Monday as traders positioned ahead of Friday's U.S. Department of Agriculture Cattle on Feed report, analysts said.
Chicago Mercantile Exchange feeder cattle futures dropped on Wednesday, while live cattle rose in a turnaround from losses during the previous session, according to analysts.
Chicago Mercantile Exchange live cattle futures dropped on Tuesday in a technical correction from a five-week rally and on concerns that high prices may cool beef demand, according to analysts.
Chicago Mercantile Exchange live and feeder cattle futures fell on Friday as traders pocketed profits following a nearly month-long rally, analysts said.
Chicago Mercantile Exchange live cattle futures bounced back on Thursday as a strong cash market and a bump in beef demand lent support to prices, traders said.
Chicago Mercantile Exchange lean hog and cattle futures fell on Wednesday on signs of profit-taking, as wholesale prices continued to say firm and strength in the financial markets gave grain futures a boost, analysts said.
Chicago Mercantile Exchange lean hog and cattle futures rose on Tuesday as wholesale cutout values remained strong amid a largely positive economic picture, analysts said.
Chicago Mercantile Exchange livestock futures firmed on Wednesday, as technical buying sent lean hog contracts higher and cash market prices staying firm giving cattle futures a boost, market analysts said.
Chicago Mercantile Exchange lean hog and live cattle futures closed higher on Tuesday, as market participants appear to be betting that the dockworker strike being short-lived, market analysts and traders said.