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Feeder Cattle Pit May '23 (FCK23)
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News & Headlines for [[ item.sessionDateDisplayLong ]]
Grains green into long Memorial Day Weekend

Supreme Court waters down EPAs reach

More New LoC Lows for Hog Futures

Hog futures ended Friday with more triple digit losses to new life-of-contract lows. June settled the session 2% in the red for a net weekly drop of $6.95. June is also at a $15.62 loss so far for the...

HEM23 : 76.075s (-2.03%)
HEQ23 : 74.050s (-3.77%)
KMM23 : 79.375s (-2.34%)
Feeder Cattle Felt Friday Pressure

The cattle futures market was mixed on Friday with fats gaining ground to new contract highs and the feeders fading into the holiday weekend on rising feed costs. Live cattle futures settled up by 5 to...

LEM23 : 167.350s (+0.03%)
LEQ23 : 165.175s (+0.24%)
LEV23 : 169.600s (+0.34%)
GFQ23 : 233.925s (-0.33%)
GFU23 : 237.100s (-0.41%)
New Contract Highs (Again) - CME Livestock Commentary

Live cattle futures marked new contract highs on the open as the June contract approaches delivery.

Shootin' the Bull about a little bit of everything

Cattle feeders are seeing profit margins narrow going forward.  How ever much feed costs do subside, it won't come close to overcoming the feeder cattle price represented by summer and fall futures.

Another Triple Digit Drop in Hog Futures

Friday trading is pushing the lean hog futures market another triple digits lower, led by a $2.12 drop in August through midday. June contracts are down a net $6 so far for the week and well below the...

HEM23 : 76.075s (-2.03%)
HEQ23 : 74.050s (-3.77%)
KMM23 : 79.375s (-2.34%)
Cattle Market Mixed at Midday

So far for Friday the cattle complex is mixed with stronger fats and weaker feeders. The front month live cattle futures are trading 12 to 55 cents higher at midday. Nearby feeder cattle contracts are...

LEM23 : 167.350s (+0.03%)
LEQ23 : 165.175s (+0.24%)
LEV23 : 169.600s (+0.34%)
LEY00 : 170.850s (unch)
GFQ23 : 233.925s (-0.33%)
GFU23 : 237.100s (-0.41%)
Nearly $6 Losses for WTD Hog Prices

Hog futures closed near the lows for the day with front month losses of $1 to $3.57. New life-of-contract lows were printed on Thursday, with futures dropping well below the cash index used to settle them...

HEM23 : 76.075s (-2.03%)
HEQ23 : 74.050s (-3.77%)
KMM23 : 79.375s (-2.34%)
New Lead Month for Feeders

May feeder cattle went off the board at $208.97, as the 5/24 CME Feeder Cattle Index was 78 cents higher at $208.14. The August contract takes over as the lead month at a $25.72 premium and just $10.50...

LEM23 : 167.350s (+0.03%)
LEQ23 : 165.175s (+0.24%)
LEV23 : 169.600s (+0.34%)
GFU23 : 237.100s (-0.41%)
Lean Hog Market Falls another Triple Digits

Hog futures closed near the lows for the day with front month losses of $1 to $3.57. New life-of-contract lows were printed on Thursday. USDA’s National Average Base Hog price was down by another $2.73...

HEM23 : 76.075s (-2.03%)
HEQ23 : 74.050s (-3.77%)
KMM23 : 79.375s (-2.34%)

Barchart Exclusives

Job Openings, Chicago PMI and Other Key Things to Watch This Week
The general market ended the week basically flat with the S&P  500  ($SPX) (SPY) being up 0.33% on the week. That does not tell the full story of the week though, there was some excitement and letdown in US politics that moved the market a bit after hours and then there was Nvidia (NVDA). Read more

Barchart Meats News

More New LoC Lows for Hog Futures
Hog futures ended Friday with more triple digit losses to new life-of-contract lows. June settled the session 2% in the red for a net weekly drop of $6.95. June is also at a $15.62 loss so far for the month. USDA’s National Average Afternoon Base Hog price for Friday was... Read more
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