CME cattle futures fall on technical reversal

CME cattle futures fall on technical reversal

Source: Live Mint CHICAGO, March 21 (Reuters) – Chicago Mercantile Exchange cattle futures fell back on Friday on a technical dip after multiple days of rallies sent most contracts to lifetime highs during the week. CME June live cattle ended down 2.250 cents at 202.775 cents per pound, but still reached lifetime highs for a…

Read More
CME cattle futures fall on technical reversal

Cattle futures notch new highs as supply tightens

Source: Live Mint CHICAGO, Jan 23 (Reuters) – Chicago Mercantile Exchange live and feeder cattle futures shot to new life-of-contract highs on Thursday, as a spate of freezing weather restricted an already-tight cattle supply and consumer demand remained steady, analysts said. Cattle take longer to hit market-ready weights in cold temperatures, as their bodies expend…

Read More
CME cattle futures fall on technical reversal

CME cattle futures fall in technical correction

Source: Live Mint CHICAGO, Jan 8 (Reuters) – Chicago Mercantile Exchange cattle futures fell back on Wednesday in a technical reversal after reaching multi-month and lifetime highs the previous day, according to analysts. CME February live cattle futures ended down 1.875 cents at 193.700 cents per pound. March feeder cattle settled down 2.950 cents at…

Read More