
Tag Archives fund buying

U.S. livestock: Cattle, hogs jump on spreading, packer demand
Chicago | Reuters — U.S. live cattle and lean hog futures rose more than one per cent on Tuesday, lifted by spreading and investment fund buying backed up by robust demand from meat packers, traders and analysts said. Beef and pork packers were capturing big profit margins given higher meat prices and comparatively lower prices […] Read more

U.S. livestock: Fund buying extends live cattle gains
Chicago | Reuters — The previous session’s Chicago Mercantile Exchange live cattle advances carried over into Wednesday, with support from fund buying and short-covering on the final trading session of the month, said traders. Futures’ discounts to this week’s initial cash prices provided additional market support, they said. June ended up 1.45 cents/lb. to 124.425 […] Read more

U.S. livestock: Live cattle hit one-year high on fund buying
Chicago | Reuters — Chicago Mercantile Exchange live cattle on Friday notched a one-year high for a third straight day, with strength from fund buying during the month’s final trading session, traders said. They said brisk wholesale beef demand and deferred-month futures’ discounts to this week’s cash prices helped drive contracts to fresh highs. Funds […] Read more
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