Theopolis Waters

CHICAGO, March 1 (Reuters) – Chicago Mercantile Exchange live cattle futures gained slightly on Tuesday in anticipation of steady-to-higher prices for market-ready, or cash, cattle possibly before Friday, traders said. April closed 0.125 cent per lb higher at 137.100 cents, and June ended up 0.175 cent to 126.350. Cash bids surfaced in Texas and Nebraska […] Read more

CHICAGO, Feb 29 (Reuters) – Chicago Mercantile Exchange live cattle futures closed mixed on Monday, helped by last Friday’s steady-to-better cash prices but pressured by profit-taking on the last trading day of the month, traders said. The February contract, which expired on Monday at noon CST (1800 GMT), closed up 1.950 cents per lb at […] Read more

CHICAGO, Feb 25 (Reuters) – Chicago Mercantile Exchange live cattle contracts climbed on Thursday, propelled by anticipation of firm cash prices by Friday amid improved wholesale beef demand, traders said. The February contract, which will expire on Monday, closed up 0.900 cent per lb to 137.875 cents. April ended 1.200 cents higher at 137.350 cents. […] Read more

CHICAGO, Feb 23 (Reuters) – Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday following a steep rise in wholesale beef values that could help underpin cash prices later this week, traders said. February closed 0.525 cent per lb higher at 136.950 cents, and April ended at 135.500 cents, up 0.875 cent. The morning’s […] Read more

CHICAGO, Feb 22 (Reuters) – Chicago Mercantile Exchange live cattle contracts settled higher on Monday, buoyed by the morning’s wholesale beef price turnaround, traders said. Buy stops and fund buying contributed to CME live cattle futures advances, they said. February closed 1.050 cents per lb higher at 136.425. April ended at 134.625 cents, up 0.675 […] Read more

CHICAGO, Feb 18 (Reuters) – Chicago Mercantile Exchange live cattle contracts rose for a third consecutive day on Thursday, with help from fund buying and anticipation of strong cash prices by late Friday, traders said. February closed 1.050 cents per lb higher at 135.150, and April ended at 134.375 cents, up 0.950 cents. So far, […] Read more

CHICAGO, Feb 16 (Reuters) – Chicago Mercantile Exchange live cattle futures settled up by their 3-cents-per-lb daily price limit on Tuesday, driven by short-covering and fund buying, traders said. February and April ended at 132.950 cents and 132.125 cents per lb, respectively. Live cattle’s trading limit will be expanded to 4.5 cents on Wednesday. “There […] Read more

CHICAGO, Feb 11 (Reuters) – Chicago Mercantile Exchange live cattle futures fell hard on Thursday, led by more disappointing prices for market-ready, or cash, cattle, traders said. February live cattle closed 2.350 cents per lb lower at 130.125 cents, and April ended down 2.275 cents at 129.525 cents. Cash cattle on Thursday morning in the […] Read more

CHICAGO, Feb 5 (Reuters) – Chicago Mercantile Exchange live cattle contracts closed lower on Friday, weighed by cash price caution and heavy U.S. stock market losses, traders said. The day’s firm U.S. dollar and the plunge in equities tied to disappointing jobs data pulled most commodity prices lower, they said. Altin Kalo, an analyst with […] Read more

CHICAGO, Feb 4 (Reuters) – Most Chicago Mercantile Exchange live cattle contracts closed weak on Thursday, after investors sold deferred months and bought February in anticipation of at least steady cash prices by Friday, traders said. Packers in Kansas and Texas on Thursday bid $138 per cwt for market-ready, or cash, cattle, which matched last […] Read more