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Feeder Cattle May '23 (GFK23)

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Feeder Cattle Futures Market News and Commentary

Cattle Extend Losses to Tuesday, as Early Cash Business Falls

Live cattle futures were down 72 cents to $2.65 lower across most contracts on Tuesday.  Cash trade picked up a few sales at $218 on Tuesday, down $7-8 from last week, with a few dressed sales of $345 in the north. Feeder cattle futures were down $4.70 to $5.65 across most contrats, with nearby August up 15 cents. The CME Feeder Cattle Index was down another $3.01 on August 24 to $335.46. Monday’s weekly OKC feeder cattle auction had 3,324 head sold, with sales on feeders down $4-10 on steers, with some down $15 and $2-8 lower on heifers. Imports from Mexico resumed on Monday via the Douglas, AZ port. On Monday, USDA announce they will open a second port crossing in 30 days.

NASS Crop Progress data showed the US pasture rating at 21% gd/ex, down 2 with the week prior. The Brugler500 index fell 4 points to 252.

Wholesale Boxed Beef prices were higher in the Tuesday PM report, with the Chc/Sel narrowing to $19.55. Choice boxes were up $2.84 at $388.53, with Select $3.96 hi... 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
$6,270/5,700
First Notice Date
05/25/23
Expiration Date
05/26/23 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Aug 18, 2026

View Chart Details
Commercials - Long / Short
19,014 (+492)
14,752 (-1,011)
Non-Commercials - Long / Short
18,914 (-852)
23,045 (+898)
Producers - Long / Short
9,172 (+720)
11,894 (-574)
Swap Dealers - Long / Short
7,940 (+69)
956 (-140)
Managed Money - Long / Short
17,280 (-405)
7,019 (+236)
Other Reportables - Long / Short
1,634 (-447)
16,026 (+662)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
202.000 +3.89%
on 05/08/23
212.200 -1.10%
on 04/28/23
-0.415 (-0.20%)
since 04/26/23
3-Month
196.650 +6.72%
on 03/24/23
212.775 -1.37%
on 04/21/23
+11.810 (+5.96%)
since 02/24/23
52-Week
178.300 +17.70%
on 06/01/22
212.775 -1.37%
on 04/21/23
+29.485 (+16.35%)
since 05/26/22

More Feeder Cattle Quotes

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Most Recent Stories

More News
Cattle Extend Losses to Tuesday, as Early Cash Business Falls

Live cattle futures were down 72 cents to $2.65 lower across most contracts on Tuesday. Cash trade picked up a few sales at $218 on Tuesday, down $7-8 from last week, with a few dressed sales of $345...

LEZ26 : 212.125s (unch)
LEV26 : 210.950s (unch)
LEQ26 : 218.100s (unch)
GFU26 : 319.275s (unch)
GFQ26 : 333.725s (unch)
GFV26 : 313.325s (unch)
Hogs Posting Tuesday Weakness

Lean hog futures closed the Tuesday session with contracts falling 42 cents to $1.25. USDA’s national base hog price was reported at $91.02 on Tuesday afternoon, up $1.62 from the day prior. The CME...

HEZ26 : 70.350s (unch)
HEV26 : 80.450s (unch)
HEG27 : 73.175s (unch)
JAN-MAR SOYBEAN SPREAD (ZSF27-ZSH27 - JAN-MAR SOYBEAN SPREAD (ZSF27-ZSH27

JAN-MAR SOYBEAN SPREAD (ZSF27-ZSH27 - Pure Hedge Division

Pure Hedge - Livestock and Grain

Cattle Markets Fall Apart - Grains Race Higher

Where Are Lean Hog Prices Heading After the 2026 Grilling Season Ends?

As the pork market nears the end of the 2026 peak grilling season, prices have declined seasonally as the August contract rolled to October. The forward curve highlights seasonality in the lean hog futures...

HEV26 : 80.450s (unch)
HEQ26 : 95.400s (-0.08%)
Hogs Posting Tuesday Weakness

Lean hog futures down 30 to 80 cents at midday. USDA’s national base hog price was reported at $90.61 on Tuesday morning. The CME Lean Hog Index was down another 40 cents on August 21 at $92.86. USDA...

HEZ26 : 70.350s (unch)
HEV26 : 80.450s (unch)
HEG27 : 73.175s (unch)
Cattle Falling on Tuesday

Live cattle futures are trading with $1.50 to $2.57 losses so far. Cash trade was quiet on Monday, with a few dressed sales of $345 in the north. Feeder cattle futures are falling $4.40 to $4.70 at midday,...

LEZ26 : 212.125s (unch)
LEV26 : 210.950s (unch)
LEQ26 : 218.100s (unch)
GFU26 : 319.275s (unch)
GFQ26 : 333.725s (unch)
GFV26 : 313.325s (unch)
Cattle Look to Tuesday Trade as Border Opens

Live cattle futures saw weakness across the board on Monday, down $1.87 to $4.32 at the close. Open interest was up 1,226 contracts on Monday, mainly in the deferreds, as October dropped 1,449 contracts....

LEZ26 : 212.125s (unch)
LEV26 : 210.950s (unch)
LEQ26 : 218.100s (unch)
GFU26 : 319.275s (unch)
GFQ26 : 333.725s (unch)
GFV26 : 313.325s (unch)
Hogs Look to Tuesday Trade

Lean hog futures were weaker at the Monday close, with contracts steady to 37 cents lower, as October was up 25 cents. Open interest was up 3,075 contracts. USDA’s national base hog price was reported...

HEZ26 : 70.350s (unch)
HEV26 : 80.450s (unch)
HEG27 : 73.175s (unch)
Cattle Face Monday Losses

Live cattle futures saw weakness across the board on Monday, down $1.87 to $4.32 at the close. Cash trade was quiet on Monday, with most compiling showlists. Feeder cattle futures were lower, with losses...

LEZ26 : 212.125s (unch)
LEV26 : 210.950s (unch)
LEQ26 : 218.100s (unch)
GFU26 : 319.275s (unch)
GFQ26 : 333.725s (unch)
GFV26 : 313.325s (unch)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 209.860
2nd Resistance Point 209.860
1st Resistance Point 209.860
Last Price 209.860s
1st Support Level 209.860
2nd Support Level 209.860
3rd Support Level 209.860

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52-Week High 212.775
Last Price 209.860s
Fibonacci 61.8% 199.606
Fibonacci 50% 195.538
Fibonacci 38.2% 191.469
52-Week Low 178.300

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