Feeder Cattle Jan '24 (GFF24)
Feeder Cattle Futures Market News and Commentary
Live cattle futures fell $3.35 to $5.95 lower into the Thursday close. Cash trade has been limited so far this week with a few $260 sales in KS and $265 in the North. The Thursday Fed Cattle Exchange online auction showed no sales on the 652 head offered, with bids of $260. Feeder cattle futures were down $1.60 in the expiring May contract, with the rest of the board down $8.75 to the $9.25 limit. Feeders will have expanded limits of $13.75 on Friday, with expanded live cattle limits of $10.75. The CME Feeder Cattle Index was down $1.72 to $370.72 on May 20.
The Tuesday APHIS update on the New World Screwworm showed a total of 2,014 active cases of in Mexico as of Wednesday. There were 150 active cases in the bordering state of Tamaulipas (8 within a range of 82-96 miles of the US border), 94 active in Nuevo Leon (14 within a range of 57-99 miles of the US border), and 15 in Coahuila (1 within 72 miles of the US border).
USDA will release Cattle on Feed data on Friday, a... Read more
Barchart · Thu May 21, 5:19PM CDT
Lean hog futures were under pressure on Thursday, with contracts down 60 cents to $2.15. USDA’s national base hog price was reported at $93.58 on Thursday...
Barchart · Thu May 21, 5:19PM CDT
Live cattle futures fell $3.35 to $5.95 lower into the Thursday close. Cash trade has been limited so far this week with a few $260 sales in KS and $265...
ONE44 Analytics · Thu May 21, 4:27PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Swift Trading Company · Thu May 21, 4:07PM CDT
Drought is an issue and changing the supply side of who gets to put the pounds on the cattle.
Blue Line Futures · Thu May 21, 3:37PM CDT
Grain Markets chopped around searching for an identity and news independent of oil, while livestock markets continued to come under pressure. All hands...
Barchart · Thu May 21, 6:30PM CDT
These Buffett-backed companies are generating billions in cash flow and returning more of it to investors through dividends.
Barchart · Thu May 21, 5:58PM CDT
While Intuitive Surgical has notably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook...
Barchart · Thu May 21, 5:19PM CDT
Lean hog futures were under pressure on Thursday, with contracts down 60 cents to $2.15. USDA’s national base hog price was reported at $93.58 on Thursday...
Barchart · Thu May 21, 5:19PM CDT
Cotton futures closed the Thursday session with contracts down 198 to 362 points across the board. The US dollar index was $0.151 higher at $99.165. Crude...
Barchart · Thu May 21, 5:19PM CDT
Live cattle futures fell $3.35 to $5.95 lower into the Thursday close. Cash trade has been limited so far this week with a few $260 sales in KS and $265...
Barchart · Thu May 21, 5:19PM CDT
Soybeans posted Thursday losses of 1 ¼ to 6 ¾ cents across the board at the close. The cmdtyView national average Cash Bean price was down 6 1/2 cents...
Barchart · Thu May 21, 5:19PM CDT
Corn futures were down 1 ¾ to 4 ¼ cents across the board on Thursday, as pressure pushed the market lower into the close. The CmdtyView national average...
Barchart · Thu May 21, 5:19PM CDT
The wheat complex was under pressure across the three exchanges on Thursday. Chicago SRW futures were 5 to 13 cents in the red on the day. KC HRW futures...
