Feeder Cattle Jan '24 (GFF24)
Feeder Cattle Futures Market News and Commentary
Live cattle futures posted Friday gains of 35 to 50 cents in the front months, with August down a nickel this week. Cash trade has picked up this week at $235 live and $370 dressed (North) across the country. Feeder cattle futures were $2.95 to $3.65 higher on the day, with August up $3.625. The CME Feeder Cattle Index was back up $4.43 on August 6 to $357.36.
The Friday Commitment of Traders report showed managed money trimming back another 456 contracts from their net long in live cattle futures and options to 66,067 contracts as of Tuesday. In feeder cattle futures and options spec funds were adding 1,182 contracts to the net long as of 8/4 to 8,605 contracts.
Wholesale Boxed Beef prices were higher in the Friday afternoon report. Choice boxes were up 50 cents at $364.36 with Select $2.59 higher to $352.37. The Chc/Sel spread narrowed to $11.99. USDA’s Federally inspected cattle slaughter for this week was estimated at 509,000 head. That is down 3,000 head from the... Read more
Barchart · Fri Aug 7, 7:22PM CDT
Live cattle futures posted Friday gains of 35 to 50 cents in the front months, with August down a nickel this week. Cash trade has picked up this week...
Barchart · Fri Aug 7, 7:22PM CDT
Lean hog futures saw steady to 50 cent gains on Friday, with August slipped $3.35 on the week. USDA’s national base hog price was reported at $97.67...
Walsh Trading · Fri Aug 7, 5:17PM CDT
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Walsh Trading · Fri Aug 7, 3:46PM CDT
Low Cost Trades, with Limited Risk
Barchart · Fri Aug 7, 11:46AM CDT
Lean hog futures are posting Friday mixed trade, with contracts down a nickel to 40 cents higher so far at midday. USDA’s national base hog price was...
Barchart · Fri Aug 7, 11:46AM CDT
Live cattle futures are closing out the week with $1.22 to $2 losses on Friday. Cash trade has picked up this week at $235 live and $370 dressed (North)...
Barchart · Fri Aug 7, 7:22PM CDT
Live cattle futures posted Friday gains of 35 to 50 cents in the front months, with August down a nickel this week. Cash trade has picked up this week...
Barchart · Fri Aug 7, 7:22PM CDT
The wheat complex is trading with contract rallying on Friday across the three markets. Chicago SRW contracts were up 7 to 9 cents, as September was down...
Barchart · Fri Aug 7, 7:22PM CDT
Cotton futures saw gains of 120 to 130 points on Friday with December up 261 points on the week. Crude oil was up 21 cents per barrel, with the US dollar...
Barchart · Fri Aug 7, 7:22PM CDT
Soybeans were mostly 1 to 3 cents lower, with August down 11 ¾ cents on the week. The cmdtyView national average Cash Bean rice was up a penny at $11.33...
Barchart · Fri Aug 7, 7:22PM CDT
Corn futures closed with contracts steady to fractionally higher at the close. The CmdtyView national average Cash Corn price was unchanged at $4.09 1/2....
Barchart · Fri Aug 7, 7:22PM CDT
Lean hog futures saw steady to 50 cent gains on Friday, with August slipped $3.35 on the week. USDA’s national base hog price was reported at $97.67...
Barchart · Fri Aug 7, 6:00PM CDT
Intel suspended its dividend in 2024 after a brutal stretch. Now the stock is up 389% over the past year, a real turnaround, and investors are asking whether...
Barchart · Fri Aug 7, 5:00PM CDT
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