CHICAGO, April 24 (Reuters) – Chicago Mercantile Exchange live cattle fell on Monday in a profit-taking setback after notching one-year highs for four straight days last week, traders said. Larger-than-expected cattle placements in a monthly government report issued after the market closed on Friday added pressure to start the week, with deferred contracts posting the […] Read more
Stories by Karl Plume
CME live cattle sink on technical selling; hogs firm
CHICAGO, March 6 (Reuters) – Chicago Mercantile Exchange live cattle futures eased on Monday on profit-taking and technical selling, although losses were limited by firm wholesale beef prices and the discount of futures to cash prices, traders said. April live cattle closed down 0.425 cent per pound to 115.550 cents, slipping below the contract’s 50-day […] Read more
