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U.S. livestock: Record highs in cattle futures

Cattle futures on the Chicago Mercantile Exchange continued to set new records on Tuesday, as improving packer margins, strong demand and chart-based buying provided support. August feeder cattle futures were up by 5.400 cents per pound at 319.125 cents per pound. The August live cattle contract gained 4.075 cents per pound at 219.975 cents at […] Read more

Photo: jjmiller11/iStock/Getty Images Plus

U.S. livestock: Cattle climb higher out of long weekend

Cattle futures on the Chicago Mercantile Exchange were stronger on Monday, hitting fresh highs in the feeder market after the Independence Day weekend while live cattle lagged to the upside. August feeder cattle futures were up by 4.225 cents per pound at 313.725 cents per pound. The August live cattle contract gained 1.850 cents per […] Read more