Feeder Cattle Pit May '24 (FCK24)
Feeder Cattle (Pit) Futures Market News and Commentary
Live cattle futures closed with losses of 45 cents to $1.07 in the nearbys and 17 to 45 cent gains in back months. Open interest was down 5,133 contracts on Tuesday. Cash trade from last week was $260 to $265 across the country. Feeder cattle futures saw back and forth trade, with contracts closing anywhere from 40 cents to 65 cents higher. OI dropped 1,321 contracts. The CME Feeder Cattle Index was up $1.36 to $371.49 on May 25.Â
The Tuesday APHIS update on the New World Screwworm showed a total of 1,970 active cases of in Mexico as of Monday. There were 168 active cases in the bordering state of Tamaulipas (10 within a range of 79-96 miles of the US border), 96 active in Nuevo Leon (17 within a range of 57-99 miles of the US border), and 15 in Coahuila (5 within 55-80 miles of the US border).
The Monday Crop Progress report showed US pasture ratings at 29% in good/excellent category, up 1% from last week. The inclusive Brugler500 index was steady at 267 (100-500 point... Read more
Barchart · 7 minutes ago
Live cattle futures closed with losses of 45 cents to $1.07 in the nearbys and 17 to 45 cent gains in back months. Open interest was down 5,133 contracts...
Barchart · 7 minutes ago
Lean hog futures saw mixed trade at Tuesday’s final bell, with June up 37 cents and other contracts down $1.12. USDA’s national base hog price was...
Barchart · Tue May 26, 5:32PM CDT
Live cattle futures closed with losses of 45 cents to $1.07 in the nearbys and 17 to 45 cent gains in back months. Cash trade from last week was $260 to...
Barchart · Tue May 26, 5:32PM CDT
Lean hog futures saw mixed trade at Tuesday’s final bell, with June up 37 cents and other contracts down $1.12. USDA’s national base hog price was...
Swift Trading Company · Tue May 26, 3:54PM CDT
While the on feed numbers grew, some thought that meant fewer cattle. That is not the case, it is that there will be fewer animals for someone else to...
Barchart · Tue May 26, 12:33PM CDT
Lean hog futures are down 12 cents to $1.30 so far on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to low volume....
Barchart · 3 minutes ago
Although Teledyne Technologies Incorporated has lagged the broader market over the past year, Wall Street analysts remain broadly optimistic about the...
Barchart · 6 minutes ago
Although Willis Towers has underperformed the broader market over the past year, Wall Street analysts remain fairly upbeat about the company’s long-term...
Barchart · 7 minutes ago
Soybeans are trading with 5 to 6 cent lower action so far on Wednesday morning. Futures posted fractional losses in some deferred contracts, with the front...
Barchart · 7 minutes ago
Live cattle futures closed with losses of 45 cents to $1.07 in the nearbys and 17 to 45 cent gains in back months. Open interest was down 5,133 contracts...
Barchart · 7 minutes ago
Wheat is trading with continued pressure on the Wednesday morning session, Continued weakness in crude oil is a pressure factor, down another $5/bbl this...
Barchart · 7 minutes ago
Lean hog futures saw mixed trade at Tuesday’s final bell, with June up 37 cents and other contracts down $1.12. USDA’s national base hog price was...
Barchart · 7 minutes ago
Corn prices are down 3 to 4 ½ cents so far on Wednesday morning, Continued weakness in crude oil is a pressure factor, down another $5/bbl this morning....
Barchart · 7 minutes ago
Cotton prices are down 88 to 141 points so far on Wednesday. Futures saw mixed trade on Tuesday, with nearby July down 5 points and other contracts up...
