Feeder Cattle Sep '26 (GFU26)
Feeder Cattle Futures Market News and Commentary
Live cattle futures are falling lower on Friday pressured by weaker cash and the Tyson closure, as contracts are down $3.12 to $5. Cash trade has been picked up with some $228-230 sales in the North. The Friday morning Fed Cattle Exchange auction showed no sales on the 1,308 head offered, with bids dropping to $222-225 live and 350 dressed. Feeder cattle futures are trading with $3.15 to $6.40 losses at midday. The CME Feeder Cattle Index was back up $3.44 on August 12 to $351.93.
Late on Thursday, Tyson announced it will shut its Joslin, IL plant (3,000 hd/day) and sell it’s Pasco, WA plant (2,000 hd/day). They also announced the Amarillo, TX plant will ramp up production after cutting back kill last fall.
Wholesale Boxed Beef prices were weaker in the Friday morning report. Choice boxes were down $1.17 at $374.73, with Select down 13 cents to $349.11. SDA’s Federally inspected cattle slaughter for Thursday was estimated at 106,000 head, with the weekly total at 416,... Read more
Swift Trading Company · 41 minutes ago
In my opinion, traders started digging the Tiger trap early this week, believed in expectation of Friday's news.
Barchart · Fri Aug 14, 12:15PM CDT
Lean hog futures are trading with 5 to 90 cent losses across most contracts at midday. USDA’s national base hog price was reported at $93.03 on Friday...
Barchart · Fri Aug 14, 12:15PM CDT
Live cattle futures are falling lower on Friday pressured by weaker cash and the Tyson closure, as contracts are down $3.12 to $5. Cash trade has been...
Barchart · Fri Aug 14, 8:07AM CDT
The market fundamentals for beef are getting tighter. Here’s what sparked the latest Tyson plant closures.
Barchart · Fri Aug 14, 7:43AM CDT
Lean hog futures posted losses of 20 cents to $1.70 across most contracts. Open interest was down 2,487 contracts. USDA’s national base hog price was...
Barchart · Fri Aug 14, 7:43AM CDT
Live cattle futures closed the Thursday session with contracts down $1.52 to $4.35 across the board. New selling interest was noted, with open interest...
Barchart · 13 minutes ago
The dollar index (DXY00 ) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to...
Barchart · 18 minutes ago
Bill Ackman reveals a fresh stake in Visa stock. Options pricing also suggests V shares will rip higher in the weeks ahead.
Barchart · 42 minutes ago
Applied Materials shares sink on a Q2 revenue miss, but derivatives market believes AMAT stock will recover in the weeks ahead.
Barchart · 43 minutes ago
September Nymex natural gas (NGU26 ) on Friday closed up +0.006 (+0.22%). Nat-gas prices closed higher on Friday as forecasts indicated warm US weather...
Barchart · 55 minutes ago
September WTI crude oil (CLU26) on Friday closed up +1.15 (+1.42%), and September RBOB gasoline (RBU26) closed up +0.0561 (+1.79%). Crude oil saw support...
Barchart · 1 hour ago
Red Cat stock soars as Trump announces aggressive tariffs on foreign drones. But Wall Street believes RCAT shares will rip higher through the remainder...
Barchart · 1 hour ago
Oppenheimer raised its SNOW price target to $400 as stronger customer consumption and growing CoCo adoption point to faster AI-driven growth.
Barchart · 1 hour ago
October NY world sugar #11 (SBV26 ) on Friday closed down -0.22 (-1.31%), and October London ICE white sugar #5 (SWV26 ) closed down -6.70 (-1.29%). NY...