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CME live cattle futures ended mixed Monday, while feeder cattle futures rose as corn prices slumped. Nearby live cattle contracts edged lower after reaching 10-week highs in the prior session.
By Karl Plume CHICAGO, Oct 13 (Reuters) — Chicago Mercantile Exchange live and feeder cattle futures touched fresh multi-month highs on Tuesday on higher midday beef prices and solid packer margins, but ended the day lower as technical selling later dragged down prices. Cattle futures remain supported by tight supplies
Live and feeder cattle futures touched fresh multi-month highs Tuesday before technical selling pulled prices lower. Higher midday beef prices and solid packer margins provided support.
U.S. natural gas futures turned lower after the EIA reported a weekly inventory increase above expectations. The build left stocks at 3,500 Bcf, 68 Bcf above the 2021-2025 average.
CME cattle futures fell on Monday due to technical selling for the second consecutive session, although the market stayed within its recent trading range as investors weighed consumer demand against high beef prices and tight supplies.
Chicago Mercantile Exchange cattle futures ended lower on Monday, as technical selling dragged on markets for a second straight session. The market remained locked within a recent range as investors gauged consumer beef demand against high prices caused by tight cattle supplies. US Department of Agriculture quoted the
By Julie Ingwersen CHICAGO, Sept 17 (Reuters) — Chicago Mercantile Exchange live cattle futures fell on Thursday for a third straight session on technical selling, softening packer margins and positioning a day ahead of a monthly government feedlot report. CME October live cattle futures settled down 2.800 cents at 215