CME cattle futures recover on technical trading

CME cattle futures recover on technical trading

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…

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CME cattle futures recover on technical trading

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…

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CME cattle futures recover on technical trading

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…

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