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Feeder Cattle Oct '19 (GFV19)

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Feeder Cattle Futures Market News and Commentary

Cattle Pull Off Monday Lows to Close Mixed

Live cattle are down anywhere from a tick to $1.02 at midday to start June trade. Cash cattle markets saw the North reported at $190 last week, down $2 on the week. The South traded hands at $186, a $1 pullback. Feeders are slipping $1.25 to $2 lower on Monday. The CME Feeder Cattle Index was back up $2.43 on May 31 to $250.77.

Crop Progress data showed a 3% improvement in the US ratings at 51% gd/ex. The Brugler500 index was up 9 points to 335, with a weighted average of beef cow states at 353, up 9 points.

USDA’s Wholesale Boxed Beef prices were higher in the Monday morning report. Choice boxes were up $2.40 at $315.60, with Select $1.99 higher to $303.70. The Chc/Sel spread was at $11.90. USDA estimated last week’s FI cattle slaughter at 120,000 for Monday. That is well above last week due to the holiday but down 128 head from the same Monday last year. 

Jun 24 Live Cattle  closed at $182.025, up $0.475,

Aug 24 Live Cattle  closed at $178.875, up $0.425, 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
$4,537/4,125
First Notice Date
10/31/19
Expiration Date
10/31/19 (expired)

Seasonal Chart

Feeder Cattle Oct '19
Average Price Chart for 5 Prior Oct Contracts

Commitment of Traders Positions as of May 28, 2024

View Chart Details
Commercials - Long / Short
14,707 (-1,333)
9,355 (+93)
Non-Commercials - Long / Short
15,419 (+1,416)
14,280 (-911)
Producers - Long / Short
10,381 (-1,220)
8,350 (+126)
Swap Dealers - Long / Short
3,529 (-104)
208 (-24)
Managed Money - Long / Short
11,234 (+1,351)
4,538 (-1,141)
Other Reportables - Long / Short
4,185 (+65)
9,742 (+230)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
140.500 +3.90%
on 10/02/19
146.400 -0.29%
on 10/25/19
+5.005 (+3.55%)
since 10/01/19
3-Month
127.325 +14.65%
on 08/13/19
146.400 -0.29%
on 10/25/19
+4.455 (+3.15%)
since 08/01/19
52-Week
127.325 +14.65%
on 08/13/19
162.950 -10.41%
on 04/18/19
-6.270 (-4.12%)
since 11/01/18

More Feeder Cattle Quotes

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Most Recent Stories

More News
Hogs Open Strong End on Weakness

Hogs fail to capitalize on opening strength close near low

Cattle Pull Off Monday Lows to Close Mixed

Live cattle are down anywhere from a tick to $1.02 at midday to start June trade. Cash cattle markets saw the North reported at $190 last week, down $2 on the week. The South traded hands at $186, a $1...

LEM24 : 182.025s (+0.26%)
LEQ24 : 178.875s (+0.24%)
LEV24 : 180.900s (+0.06%)
GFQ24 : 256.200s (-0.08%)
GFU24 : 257.875s (-0.10%)
GFV24 : 258.850s (-0.05%)
Hogs Slip Lower on Monday

Lean hogs ended the Monday session slipping lower, with contracts down 70 cents to $1. USDA’s National Average Base Hog negotiated price was reported at $88.30 in the Monday afternoon report, up $2.45...

HEM24 : 93.650s (-0.74%)
HEN24 : 96.275s (-0.88%)
HEQ24 : 95.625s (-0.91%)
Pure Hedge - Livestock and Grain

These Breaks are not over - Continue to Sell into Strength

Fats and Oils

Fats and Oils - 2024-06-03

ZCN24 : 442-4 (-0.23%)
ZSN24 : 1187-0 (+0.21%)
XSU24 : 4,027s (-0.98%)
XTN24 : 4,656s (+0.02%)
XVN24 : 2,437s (+0.12%)
ZMN24 : 359.3 (-0.06%)
ZLN24 : 44.17 (+0.07%)
XUU24 : 3,466s (-0.55%)
XXU24 : 7,990s (-1.24%)
RSN24 : 634.40 (unch)
KOQ24 : 3,905 (-4.20%)
YHU24 : 7,780s (-0.49%)
Cattle Slipping to Start New Month

Live cattle are down anywhere from a tick to $1.02 at midday to start June trade. Cash cattle markets saw the North reported at $190 last week, down $2 on the week. The South traded hands at $186, a $1...

LEM24 : 182.025s (+0.26%)
LEQ24 : 178.875s (+0.24%)
LEV24 : 180.900s (+0.06%)
GFQ24 : 256.200s (-0.08%)
GFU24 : 257.875s (-0.10%)
GFV24 : 258.850s (-0.05%)
Hogs Falling at Midday

Hogs Falling at Midday Lean hogs are resuming their weakness as we start June, with contracts down 50 to 75 cents at midday. USDA’s National Average Base Hog negotiated price was not reported in the...

HEM24 : 93.650s (-0.74%)
HEN24 : 96.275s (-0.88%)
HEQ24 : 95.625s (-0.91%)
Was Last Week’s Pullback a “Buy the Dip” Opportunity in the Livestock Markets?

Cattle futures were lower in the back half of last week’s trade but still posted an impressive month. What will the month of June hold for cattle and hog futures?

Grain Market Update: What's Affecting the Corn, Wheat, and Soybean Markets?

On Friday I was interviewed by Michelle Rook on AgWeb's Markets Now. I spoke about the recent action in the corn, wheat, and soybean markets. In addition, we discussed the cattle markets.

ZCK24 : 453-6s (-1.04%)
ZWK24 : 657-0s (-1.98%)
ZSN24 : 1187-0 (+0.21%)
LEM24 : 182.025s (+0.26%)
Cattle Look to Start New Month of Trade

Live cattle were down $1 to $1.50 on Friday, the end of the month provided some selling opportunities. June was up $6.57 during May. Cash cattle markets saw the North reported at $190, down $2 on the week....

LEM24 : 182.025s (+0.26%)
LEQ24 : 178.875s (+0.24%)
LEV24 : 180.900s (+0.06%)
GFQ24 : 256.200s (-0.08%)
GFU24 : 257.875s (-0.10%)
GFV24 : 258.850s (-0.05%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 145.993
1st Resistance Point 145.987
Last Price 145.980s
1st Support Level 145.977
2nd Support Level 145.973
3rd Support Level N/A

See More

52-Week High 162.950
Fibonacci 61.8% 149.341
Last Price 145.980s
Fibonacci 50% 145.137
Fibonacci 38.2% 140.934
52-Week Low 127.325

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