Chicago hog futures fell on Tuesday while cattle futures ended the day mixed. Most-active February live cattle contracts closed at 226.950 cents a pound, up 0.275 cents. April live cattle settled up 0.200 cents at 226.900 cents per pound. Most-traded January feeder cattle futures settled down 0.150 cents at 335.500 cents per pound. March contracts […] Read more
U.S. livestock: Hog futures sink, cattle mixed
U.S. livestock: Cattle mostly lower Monday
Cattle futures on the Chicago Mercantile Exchange were mostly lower Monday, seeing a modest correction to start the week after rising in early December. The February live cattle contract lost 0.475 cents per pound at 226.675 cents. Feeder cattle were down 2.875 cents in the March contract at 330.425 cents per pound. An estimated 600,000 […] Read more
U.S. livestock: Cattle extend gains on improving cash prices, packer demand
Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high and feeder cattle hit their highest level in five weeks on Friday as cash prices rose and demand improved from meatpackers, brokers said. The markets advanced for the fourth consecutive session as prices recovered from a steep slide that began in October after […] Read more
U.S. livestock: Cattle futures end higher on cold weather, rising cash prices
Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures closed higher on Thursday for the third straight session, as cold and snowy conditions in the U.S. Plains and Midwest this week helped to lift cash cattle prices, brokers said. CME February live cattle LCG26 settled up 2.100 cents at 224.000 cents per pound after […] Read more
U.S. livestock: Cattle, hog futures rise
Chicago livestock futures marched upward on Wednesday.
U.S. livestock: Cattle strengthen Tuesday
Cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, with cold temperatures hitting the northern U.S. Plains and Corn Belt lending some support to the futures. The February live cattle contract gained 4.875 cents per pound at 220.005 cents. Feeder cattle were up 8.800 cents in the January contract at 329.875 cents per […] Read more
U.S. livestock: Cattle futures turn lower
Cattle futures on the Chicago Mercantile Exchange were weaker on Monday, ending a corrective bounce off nearby lows as high beef prices are said to be limiting consumer demand. The February live cattle contract lost 1.925 cents per pound at 215.925 cents. Feeder cattle were down 2.900 cents in the January contract at 321.075 cents […] Read more
U.S. livestock: Chicago cattle futures climb on post-Thanksgiving trade
Chicago | Reuters – Chicago Mercantile Exchange’s live and feeder cattle futures ticked up on Friday in a day of abbreviated post-holiday trade. Feeder cattle futures recovered late in the week from limit-down losses on Monday, rebounding after a string of negative headlines. CME February live cattle futures LCG26 closed up 4.925 cents at 217.850 […] Read more
U.S. livestock: Futures rally ahead of U.S. Thanksgiving
Chicago cattle and hog futures rallied on Wednesday ahead of the American Thanksgiving holiday. Most-active February live cattle contracts closed at 212.925 cents a pound, up 5.600 cents. April futures gained 5.675 cents to settle at 214.250 cents a pound. Most-traded January feeder cattle futures gained 8.050 cents to close at 315.125 cents a pound. […] Read more
U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday
Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving […] Read more