Feeder Cattle Jan '21 (GFF21)
Feeder Cattle 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 · Wed May 27, 7:30AM 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. Open interest was down 5,133 contracts...
Barchart · Wed May 27, 7:30AM 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...
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
Live cattle futures are falling $1.22 to $2.15 at midday. Cash trade from last week was been $260 to $265 across the country, with late sales slipping...
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