Feeder Cattle Pit Aug '23 (FCQ23)
Feeder Cattle (Pit) Futures Market News and Commentary
Live cattle were steady to $1.40 higher on Thursday, with December down a dime. Open interest was down 503 contracts on Thursday. Cash trade saw some very light volume $260 live and $408 dressed in the north on Wednesday, with a few bids at $255 on Thursday. The Thursday morning, Fed Cattle Exchange online auction showed no sales on the 1,636 head offered, with no bids listed. Feeder cattle futures were 37 to 85 cents higher at the close. Open interest rose 1,292 contracts on Thursday. The CME Feeder Cattle Index was up $6.03 on June 24 to $381.86.
Weekly Export Sales data showed 21,268 MT of beef sold for 2026 in the week ending on June 18, the second largest weekly this year. Shipments were pegged at 13,048 MT, back up from the week prior.
Cold Storage data from Thursday afternoon showed beef stocks at the end of May at 403.474 million lbs. That was a drop of 1.06% from last year and down 0.49% from the end of April.
Wholesale Boxed Beef prices were lower in the... Read more
Barchart · Fri Jun 26, 7:32AM CDT
Live cattle were steady to $1.40 higher on Thursday, with December down a dime. Open interest was down 503 contracts on Thursday. Cash trade saw some very...
Barchart · Fri Jun 26, 7:32AM CDT
Lean hog futures posted Thursday losses of a dime to $1.15 in the front months, with other contracts steady to 37 cents higher. Open interest was up 2,921...
Barchart · Thu Jun 25, 5:01PM CDT
Lean hog futures posted Thursday losses of a dime to $1.15 in the front months, with other contracts steady to 37 cents higher. USDA’s national base...
Barchart · Thu Jun 25, 5:01PM CDT
Live cattle were steady to $1.40 higher on Thursday, with December down a dime. Cash trade saw some very light volume $260 live and $408 dressed in the...
Blue Line Futures · Thu Jun 25, 3:39PM CDT
Your eyes do not deceive you. There was green on the screen today with soybeans leading the way with gains of over 20 cents, again having us wonder if...
Swift Trading Company · Thu Jun 25, 2:40PM CDT
After today's trading activity, what to be prepared for is the price being paid for new inventory and potentially not the support of the rest of the industry...
Barchart · Fri Jun 26, 9:52AM CDT
Marsh & McLennan is set to deliver its second-quarter results next month, and analysts project single-digit earnings growth.
Barchart · Fri Jun 26, 9:33AM CDT
The dollar index (DXY00 ) today is down by -0.32%. The dollar is sliding today amid weakness in crude oil prices. WTI crude oil is down more than 3%...
Barchart · Fri Jun 26, 9:27AM CDT
Wall Street picks out Micron and Nvidia as their highest-rated growth stocks in the technology sector.
Barchart · Fri Jun 26, 9:22AM CDT
Interactive Brokers is scheduled to report its second-quarter results soon, and analysts expect a double-digit earnings growth.
Barchart · Fri Jun 26, 9:08AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is down -0.54%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX...
Barchart · Fri Jun 26, 9:07AM CDT
While PLTR stock has nearly halved, its fundamentals continue to stay strong in the presence of its Ontology moat.
Barchart · Fri Jun 26, 8:47AM CDT
GE Aerospace is set to release its second-quarter results next month, with analysts predicting a double-digit increase in the company's earnings.
Barchart · Fri Jun 26, 8:30AM CDT
Micron is projected to generate approximately $50 billion in Q4 revenue, representing growth of 342%.