Feeder Cattle Pit Jan '25 (FCF25)
Feeder Cattle (Pit) Futures Market News and Commentary
Live cattle futures were mixed, with contracts up 52 cents to 20 cents lower. August was up $4.67 this week. USDA picked up cash trade at $232-233, with some up to $235. Feeder cattle futures extended the bounce out of the Monday collapse, with contracts 87 cents to $1.55 higher. August was managed to pull out a $2.70 gain on the week. The CME Feeder Cattle Index was back down $1.86 on July 30 to $345.83.
The Friday Commitment of Traders report showed managed money cutting back another 8,840 contracts from their net long in live cattle futures and options to 66,523 contracts as of Tuesday. In feeder cattle futures and options spec funds were trimming 482 contracts from the net long as of July 28 to 7,423 contracts.
Wholesale Boxed Beef prices were higher in the Friday afternoon report. Choice boxes were up 88 cents at $361.38, with Select $4.90 higher to $346.23. USDA’s Federally inspected cattle slaughter this week at 512,000 head through Saturday. That is down 16,000... Read more
Sidwell Strategies · Sat Aug 1, 9:36AM CDT
More heat to start August
Barchart · Fri Jul 31, 5:11PM CDT
Live cattle futures were mixed, with contracts up 52 cents to 20 cents lower. August was up $4.67 this week. USDA picked up cash trade at $232-233, with...
Barchart · Fri Jul 31, 5:11PM CDT
Lean hog futures were 22 cents to $1.50 higher across the board on Friday, with August hogs down $4 this week. USDA’s national base hog price was reported...
Walsh Trading · Fri Jul 31, 5:09PM CDT
Markets rally early and can't hold rally
Swift Trading Company · Fri Jul 31, 2:38PM CDT
What appears to be taking place is the transition from the bull market to maybe a bear market.
Barchart · 17 minutes ago
Newsmax partnered with Meta to access its archived content library, estimated at $25 billion annually.
Barchart · 1 hour ago
Microsoft is betting that AI-powered security tools can help organizations fight attacks faster.
Barchart · Sat Aug 1, 10:35AM CDT
Visa's investments should meaningfully boost its top and bottom lines in the longer term.
Barchart · Sat Aug 1, 10:30AM CDT
Google's AI ambitions come with growing hidden risks. Alphabet has amassed over $150 billion in off-balance-sheet commitments as it guarantees data center...
Barchart · Sat Aug 1, 10:15AM CDT
In a CNBC interview, the oil executive explained the disconnect between crude oil and gasoline prices.
Barchart · Sat Aug 1, 10:00AM CDT
Qualcomm's handset business is under pressure. But experts say its expanding AI and connected-device ecosystem represent the bigger story.
Barchart · Sat Aug 1, 10:00AM CDT
I have a real case to make for rotating out of covered call ETFs and into a low-volatility, pure-dividend vehicle.
Barchart · Sat Aug 1, 9:00AM CDT
Arm delivered record quarterly revenue and an earnings beat, while demand for its new AGI CPU surpassed $2 billion across fiscal 2027 and 2028.