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Feeder Cattle Mar '23 (GFH23)

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Feeder Cattle Futures Market News and Commentary

Cattle Rebound to Start the Week

Live cattle futures are posted gains of 22 cents to $1 across the front months on Tuesday. Cash trade saw a few cattle exchange hands at $232 so far this week on thin volume. Feeder cattle futures were up 70 cents to $1.55 at the close. The CME Feeder Cattle Index was down $1.26 to $367.68 on January 19. Monday’s OKC feeder cattle auction showed 9,551 head sold with prices listed as steady to $4 lower on feeders.

USDA Wholesale Boxed Beef prices were higher in the Tuesday afternoon report, with the Chc/Sel spread widening out to $4.92. Choice boxes were up 43 cents to $364.76, while Select was 49 cents lower at $359.84. Tuesday’s USDA federally inspected cattle slaughter was estimated at 114,000 head, with the weekly total at 219,00. That was 16,000 head below last week and 15,837 head shy of the same period last year.

Feb 26 Live Cattle  closed at $232.375, up $0.225,

Apr 26 Live Cattle  closed at $234.575, up $0.600,

Jun 26 Live Cattle  closed at $230.600,... Read more

Contract Specifications

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Contract
Feeder Cattle
Contract Size
50,000 pounds
Tick Size
0.00025 per pound ($12.50 per contract)
Trading Hours
8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST
Exchange
CME
Point Value
$500
Margin/Maintenance
$6,600/6,000
First Notice Date
03/30/23
Expiration Date
03/31/23 (expired)

Seasonal Chart

Feeder Cattle Mar '23
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of Jan 13, 2026

View Chart Details
Commercials - Long / Short
15,333 (+748)
16,359 (-425)
Non-Commercials - Long / Short
31,696 (-568)
24,697 (+777)
Producers - Long / Short
8,047 (+574)
13,981 (-164)
Swap Dealers - Long / Short
5,712 (+444)
804 (+9)
Managed Money - Long / Short
24,957 (-243)
7,909 (+100)
Other Reportables - Long / Short
6,739 (-325)
16,788 (+677)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
187.600 +3.06%
on 03/15/23
194.325 -0.51%
on 03/09/23
+3.540 (+1.87%)
since 02/28/23
3-Month
179.175 +7.91%
on 01/19/23
194.325 -0.51%
on 03/09/23
+7.140 (+3.83%)
since 12/28/22

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Lean hog futures closed Tuesday with mixed trade, as front months were a tick to 42 cents lower with some deferreds higher. USDA’s national base hog price was reported at $80.19 on Tuesday afternoon....

HEJ26 : 95.175s (-0.03%)
HEG26 : 87.850s (-0.48%)
HEK26 : 99.000s (+0.28%)
Cattle Rebound to Start the Week

Live cattle futures are posted gains of 22 cents to $1 across the front months on Tuesday. Cash trade saw a few cattle exchange hands at $232 so far this week on thin volume. Feeder cattle futures were...

LEM26 : 230.600s (+0.44%)
LEJ26 : 234.575s (+0.26%)
LEG26 : 232.375s (+0.10%)
GFH26 : 357.675s (+0.34%)
GFF26 : 362.625s (+0.19%)
GFJ26 : 356.450s (+0.44%)
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Reports that new world screwworm cases were moving north in Mexico, closer to the Texas border, created new panic in the live and feeder cattle futures markets on Friday.

$CBBI : 360.07 (+0.22%)
GFH26 : 357.675s (+0.34%)
GFH26 : 357.675s (+0.34%)
LEJ26 : 234.575s (+0.26%)
LEG26 : 232.375s (+0.10%)
Hogs Posting Mixed Trade on Tuesday

Lean hog futures are showing 7 to 20 cent losses in nearbys on Tuesday, with other contracts posting gains. USDA’s national base hog price was not reported on Tuesday morning due to light volume. The...

HEJ26 : 95.175s (-0.03%)
HEG26 : 87.850s (-0.48%)
HEK26 : 99.000s (+0.28%)
Cattle Rebounding on Tuesday

Live cattle futures are showing 30 to 90 cent gains across most contracts on Tuesday. Cash trade last week centered in the $233 range across the South and $232-235 for the North. Feeder cattle futures...

LEM26 : 230.600s (+0.44%)
LEJ26 : 234.575s (+0.26%)
LEG26 : 232.375s (+0.10%)
GFH26 : 357.675s (+0.34%)
GFF26 : 362.625s (+0.19%)
GFJ26 : 356.450s (+0.44%)
Hogs Look to Tuesday Trade Following Long Weekend

Lean hog futures saw slightly higher action in Friday, with contracts up 20 to 50 cents. Another round of new buying was noted, with open interest up 6,380 contracts. February managed to close the week...

HEJ26 : 95.175s (-0.03%)
HEG26 : 87.850s (-0.48%)
HEK26 : 99.000s (+0.28%)
Cattle Look to Tuesday After Collapsing into Three-Day Weekend

Live cattle futures closed the Friday session with contracts $3.90 to $4.50 lower. February was $1.57 lower last week. Cash trade last week centered in the $233 range across the South and $232-235 for...

LEM26 : 230.600s (+0.44%)
LEJ26 : 234.575s (+0.26%)
LEG26 : 232.375s (+0.10%)
GFH26 : 357.675s (+0.34%)
GFF26 : 362.625s (+0.19%)
GFJ26 : 356.450s (+0.44%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 193.340
2nd Resistance Point 193.340
1st Resistance Point 193.340
Last Price 193.340s
1st Support Level 193.340
2nd Support Level 193.340
3rd Support Level 193.340

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52-Week High 194.325
Last Price 193.340s
Fibonacci 61.8% 185.825
Fibonacci 50% 183.200
Fibonacci 38.2% 180.574
52-Week Low 172.075

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