Feeder Cattle Pit May '24 (FCK24)
Feeder Cattle (Pit) Futures Market News and Commentary
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. The Wednesday Fed Cattle Exchange online auction showed $256 sales on 307 head of the 752 offered. Feeder cattle futures were 52 to 92 cents higher at the midweek close. The CME Feeder Cattle Index was back down 14 cents to $375.19 on May 5. Â
Wholesale Boxed Beef prices were lower in the Wednesday afternoon report, with the Chc/Sel spread at a penny premium to Select. Choice boxes were down $2.72 to $389.62, while Select was $2.61 lower at $389.63. USDA estimated federally inspected cattle slaughter for Wednesday at 108,000 head, taking the weekly total to 313,000 head. That is down 11,000 head from last week and 34,133 head below the same week last year.Â
Jun 26 Live Cattle  closed at $253.475, up $0.250,
Aug 26 Live Cattle  closed at... Read more
Barchart · Wed May 6, 5:07PM CDT
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down...
Barchart · Wed May 6, 5:07PM CDT
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257....
Swift Trading Company · Wed May 6, 3:35PM CDT
There appears very little left to the supply side story of cattle.
Barchart · Wed May 6, 12:22PM CDT
Lean hog futures are down 92 cents to $1.57 at Wednesday’s midday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base...
Barchart · Wed May 6, 12:22PM CDT
Live cattle futures are up 27 to 95 cents on Wednesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with...
Barchart · Wed May 6, 7:28AM CDT
Lean hog futures posted 65 cent to $1.80 gains on Tuesday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price...
Barchart · Wed May 6, 6:30PM CDT
Accenture's dividend yield is now over 3.6% thanks to the decline in its stock price. The stock's valuations have started to appear tempting at these levels,...
Barchart · Wed May 6, 5:14PM CDT
Moderna has notably outperformed the broader market over the past year, yet Wall Street analysts maintain a cautious outlook about the stock’s prospects....
Barchart · Wed May 6, 5:07PM CDT
Cotton futures closed the Wednesday session with contracts down 31 to 75 points. The US dollar index was $0.420 lower at $97.890. Crude oil was down $6.06...
Barchart · Wed May 6, 5:07PM CDT
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down...
Barchart · Wed May 6, 5:07PM CDT
Corn futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. The CmdtyView national...
Barchart · Wed May 6, 5:07PM CDT
The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek...
Barchart · Wed May 6, 5:07PM CDT
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257....
Barchart · Wed May 6, 5:07PM CDT
Soybeans closed the Wednesday session with contracts falling 10 to 16 ¾ cents. The cmdtyView national average Cash Bean price was down 16 1/2 cents at...
