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Feeder Cattle Pit Jan '25 (FCF25)

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Feeder Cattle (Pit) Futures Market News and Commentary

Cattle Fall Back on Monday

Live cattle futures posted 32 cent to $1.27 losses across the board on Monday. Cash trade was picked up last week at $248 across the country. Feeder cattle futures slipped lower on Monday, down $2.45 to $4.37 at the close. The CME Feeder Cattle Index was down $1.98 to $375.69 on April 17. The OKC feeder cattle auction had an estimated 6,000 head sold with feeders steady to $2-4 lower. 

USDA’s Cattle on Feed report from Friday showed March Placements down 7.67% from a year ago at 1.709 million head, coming close to estimates. Marketings were 5.5% lower vs. last year at 1.62 million head. April 1 on feed came in close to estimates at 11.576 million head, down 0.53% from a year ago. The inventory for heifers on feed was at 4.32 million head, down 1.37% vs April 1, 2025, the ratio at 37.32%. 

Wholesale Boxed Beef prices were lower in the Monday afternoon report, with the Chc/Sel at 5 cents premium to select. Choice boxes were up $2.50 to $383.56, while Select was $7.01 highe... Read more

Contract Specifications

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Contract
Feeder Cattle [Pit]
Contract Size
50,000 pounds
Tick Size
0.00025 per pound ($12.50 per contract)
Trading Hours
8:30a.m. - 1:02p.m. CST
Exchange
CME
Point Value
$500
Expiration Date
03/25/24 (expired)

Seasonal Chart

Feeder Cattle Pit Jan '25
Average Price Chart for 5 Prior Pit Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
260.525 unch
on 03/25/24
268.475 -2.96%
on 03/13/24
-6.025 (-2.26%)
since 02/23/24

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Most Recent Stories

More News
Cattle Fall Back on Monday

Live cattle futures posted 32 cent to $1.27 losses across the board on Monday. Cash trade was picked up last week at $248 across the country. Feeder cattle futures slipped lower on Monday, down $2.45 to...

LEQ26 : 241.600s (-0.50%)
LEM26 : 246.075s (-0.52%)
LEJ26 : 249.600s (-0.14%)
GFK26 : 361.100s (-1.14%)
GFJ26 : 368.875s (-0.66%)
GFQ26 : 361.350s (-1.18%)
Hogs Close Mixed, with Front Month Gains

Lean hog futures saw gains of 10 to 82 cents in the front months on Monday, with deferreds steady to 27 cents lower. USDA’s national base hog price was reported at $92.13 on Monday afternoon, up $1.85...

HEM26 : 101.725s (+0.67%)
HEK26 : 94.225s (+0.88%)
HEN26 : 104.000s (+0.31%)
Hogs Consolidate but Close Higher

Hogs work higher as it tests resistance

Shootin' the Bull about opportunity past

Last week produced what is believed to have been the marketing opportunity for the year with basis having narrowed, swapped in some cases, and new contract highs everywhere.

Hogs Higher at Monday’s Midday

Lean hog futures are showing 15 to 62 cent gains in the front months on Monday. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was down...

HEM26 : 101.725s (+0.67%)
HEK26 : 94.225s (+0.88%)
HEN26 : 104.000s (+0.31%)
Cattle Slipping Lower on Monday

Live cattle futures are trading with contracts down a quarter to $1 at midday. Cash trade was picked up last week at $248 across the country. Feeder cattle futures are $1.82 to $3.10 lower across the front...

LEQ26 : 241.600s (-0.50%)
LEM26 : 246.075s (-0.52%)
LEJ26 : 249.600s (-0.14%)
GFK26 : 361.100s (-1.14%)
GFJ26 : 368.875s (-0.66%)
GFQ26 : 361.350s (-1.18%)
Is Irrational Market Behavior Predictable?

The past decade has taught has to predict what will be said, and why, leading to the rise of predictive market websites as "trading" platforms, among other things.

ESM26 : 7,161.50 (+0.19%)
$NASX : 24,404.39 (-0.26%)
HOK26 : 3.4949 (-1.30%)
CLK26 : 87.95 (-1.85%)
YMM26 : 49,734 (+0.19%)
HGK26 : 6.0305 (-0.26%)
SIK26 : 79.255 (-0.98%)
GCM26 : 4,811.1 (-0.37%)
$INX : 7,109.14 (-0.24%)
Hogs Look to New Week of Trade Following Recent Weakness

Lean hog futures closed Friday with contracts down a tick to 67 cents, as June was down $2.67 this week. Open interest was down 3,949 contracts on Friday. USDA’s national base hog price was reported...

HEM26 : 101.725s (+0.67%)
HEK26 : 94.225s (+0.88%)
HEN26 : 104.000s (+0.31%)
Cattle Traders Look to React to Neutral Cattle on Feed Report

Live cattle futures closed Friday seeing some strength off the lows but closing down 22 to 87 cents. April was down $1.82 last week. Open interest was down 4,383 contracts on Friday. Cash trade has picked...

LEQ26 : 241.600s (-0.50%)
LEM26 : 246.075s (-0.52%)
LEJ26 : 249.600s (-0.14%)
GFK26 : 361.100s (-1.14%)
GFJ26 : 368.875s (-0.66%)
GFQ26 : 361.350s (-1.18%)
Peace in the Middle East, at least for now

Bullish bias in Cattle-on-Feed report

Key Turning Points

3rd Resistance Point 260.525
2nd Resistance Point 260.525
1st Resistance Point 260.525
Last Price 260.525s
1st Support Level 260.525
2nd Support Level 260.525
3rd Support Level 260.525

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52-Week High 271.600
Fibonacci 61.8% 267.369
Fibonacci 50% 266.063
Fibonacci 38.2% 264.756
Last Price 260.525s
52-Week Low 260.525

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