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Source: Live Mint CHICAGO, May 16 (Reuters) – Chicago Mercantile Exchange live cattle and feeder cattle futures rebounded on Friday on short covering and technical trading after a selloff in the previous session, traders said. Cattle futures have also been underpinned by strong boxed beef prices and a tight cattle supply. Futures prices set all-time…
Source: Live Mint CHICAGO, May 6 (Reuters) – Chicago Mercantile Exchange live cattle and feeder cattle futures crept higher on Tuesday as strong wholesale beef prices and a tight cattle supply compelled meatpackers to pay up for each head of cattle, lending support to the cash market and cattle futures, analysts said. Hog futures ticked…
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…
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…
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…
