U.S. cattle futures climbed about 1 percent on Monday, with several deferred live cattle contracts notching lifetime highs and front-month feeders hitting a 15-month peak on investment fund buying tied to gains in beef
Chicago Mercantile Exchange live cattle futures fell for the second straight session on Tuesday, easing on follow-through technical selling in the wake of bearish government supply data released late on Friday, traders
Chicago Mercantile Exchange live cattle futures tumbled 2 percent or more on Monday, with the front-month June contract falling by its 3.000 cents per pound daily limit in a technical selloff, traders said.
U.S. lean hog futures climbed to fresh life-of-contract highs on Monday, gaining on bear-spreading as wholesale pork prices reached the highest levels in more than two years.Dealers continued to buy back Chicago Mercant
Chicago Mercantile Exchange lean hog futures fell about 2 percent in a technical selloff on Tuesday, easing from an earlier two-month high in a reversal that could portend further declines, traders and analysts said.
U.S. live and feeder cattle futures climbed more than 1 percent on Monday, adding to gains in the previous session, on technical buying and expectations cattle and beef prices will rise seasonally, traders and analysts
U.S. live cattle futures fell the most in 1-1/2 weeks on Wednesday in a selloff linked to lackluster demand from meat packers and government data that showed the lowest wholesale beef prices in four years, traders said.
Chicago Mercantile Exchange live cattle futures settled mostly lower on Tuesday as a steep drop in the stock market dragged futures from the highest levels of the month, posted early in the session, traders said.
Chicago Mercantile Exchange live cattle futures closed lower on Wednesday after softer wholesale beef demand and this week's expectations for steady-to-lower cash prices erased some of Tuesday's rally, said traders.