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Feeder Cattle Jan '24 (GFF24)

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Feeder Cattle Futures Market News and Commentary

Cattle Face Mixed Action on Tuesday

Live cattle futures posted mixed action on Tuesday, with April up 35 cents and other contracts down 7 to 15 cents. Cash trade has yet to get kicked off this week. Last week was strong, at $203 in the South, with Northern action at $205-206. 

Feeder cattle futures were up 35 cents in the front months and May down a nickel . The CME Feeder Cattle Index was back up $0.84 on March 17, with the average price at $284.11. The weekly OKC feeder cattle auction from Monday had sales on 7,489 head. Sales were listed at $5-10 higher for feeder steers and up $2-6 for feeder heifers. Steer calves were up $3-6, with heifers steady. 

USDA’s National Wholesale Boxed Beef report was higher on Tuesday afternoon, as the Chc/Sel widened to $14.09. Choice boxes were up $2.16 at $323.32/cwt, with Select $1.33 higher at $309.23. The Tuesday Federally inspected cattle slaughter was estimated at 123,000 head by USDA, with the week to date total at 237,000 head. That is 2,000 head below the previo... Read more

Contract Specifications

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Contract
Feeder Cattle
Contract Size
50,000 pounds
Tick Size
0.00025 per pound ($12.50 per contract)
Trading Hours
8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST
Exchange
CME
Point Value
$500
Margin/Maintenance
$4,537/4,125
First Notice Date
01/25/24
Expiration Date
01/26/24 (expired)

Seasonal Chart

Feeder Cattle Jan '24
Average Price Chart for 5 Prior Jan Contracts

Commitment of Traders Positions as of Mar 11, 2025

View Chart Details
Commercials - Long / Short
15,017 (-963)
18,900 (-1,036)
Non-Commercials - Long / Short
38,268 (+2,020)
19,986 (+272)
Producers - Long / Short
9,568 (-834)
16,203 (-935)
Swap Dealers - Long / Short
3,515 (+143)
763 (+171)
Managed Money - Long / Short
34,280 (+1,267)
5,513 (+80)
Other Reportables - Long / Short
3,988 (+753)
14,473 (+192)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
221.775 +4.64%
on 12/29/23
232.350 -0.12%
on 01/25/24
+8.510 (+3.81%)
since 12/26/23
3-Month
209.150 +10.95%
on 12/04/23
242.375 -4.26%
on 11/03/23
-3.015 (-1.28%)
since 10/26/23
52-Week
209.150 +10.95%
on 12/04/23
268.500 -13.57%
on 09/15/23
+21.410 (+10.16%)
since 01/26/23

More Feeder Cattle Quotes

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Most Recent Stories

More News
Cattle Face Mixed Action on Tuesday

Live cattle futures posted mixed action on Tuesday, with April up 35 cents and other contracts down 7 to 15 cents. Cash trade has yet to get kicked off this week. Last week was strong, at $203 in the South,...

LEQ25 : 198.700s (-0.08%)
LEJ25 : 205.375s (+0.17%)
LEM25 : 201.000s (-0.04%)
GFH25 : 284.975s (+0.12%)
GFJ25 : 284.550s (+0.12%)
GFK25 : 285.250s (-0.02%)
Hogs Face Weakness on Tuesday

Lean hog futures closed with 47 cent to $1.80 losses across most contracts on Tuesday. The USDA national average base hog negotiated price was reported at $88.28 on Tuesday afternoon, up 23 cents from...

HEJ25 : 87.600s (-0.54%)
HEK25 : 90.200s (-1.37%)
HEM25 : 97.350s (-1.79%)
Shootin' the Bull about cattle feeders

Cattle feeders appear as the sector assuming the most risk of any at the moment.

Hogs Falling Back Lower on Tuesday

Lean hog futures are falling at Tuesday’s midday, with contracts down 90 cents to $2.45. The USDA national average base hog negotiated price from the USDA was reported at $90.29, up $2.62 from the day...

HEJ25 : 87.600s (-0.54%)
HEK25 : 90.200s (-1.37%)
HEM25 : 97.350s (-1.79%)
Cattle in the Red at Midday

Live cattle futures are trading with 25 to 65 cent losses across the front months on Tuesday. Cash trade was strong last week, settling in across the country at $203 in the South, with Northern action...

LEQ25 : 198.700s (-0.08%)
LEJ25 : 205.375s (+0.17%)
LEM25 : 201.000s (-0.04%)
GFH25 : 284.975s (+0.12%)
GFJ25 : 284.550s (+0.12%)
GFK25 : 285.250s (-0.02%)
Cattle Continue Higher on Monday

Live cattle futures settled the Monday session with contracts $1.70 to $2.15 higher. Cash trade was strong last week, settling in across the country at $203 in the South, with Northern action at $205-206....

LEQ25 : 198.700s (-0.08%)
LEJ25 : 205.375s (+0.17%)
LEM25 : 201.000s (-0.04%)
GFH25 : 284.975s (+0.12%)
GFJ25 : 284.550s (+0.12%)
GFK25 : 285.250s (-0.02%)
Hogs Rally on Monday

Lean hog futures pushed higher on Monday, with gains of $1.45 to $2.85 in the front month at the close. Monday afternoon’s national average base hog negotiated price from the USDA was reported at $88.05,...

HEJ25 : 87.600s (-0.54%)
HEK25 : 90.200s (-1.37%)
HEM25 : 97.350s (-1.79%)
Pure Hedge - Livestock and Grain

It is Time To Be Long The Grain Markets - Prepare For A Cattle Pullback

Cattle Markets Surge

Cattle markets start week strong

Cattle Extend Rally on Monday

Live cattle futures closed the Monday session with contracts up $1.70 to $2.15. Cash trade was strong last week, settling in across the country at $203 in the South, with Northern action at $205-206. ...

LEQ25 : 198.700s (-0.08%)
LEJ25 : 205.375s (+0.17%)
LEM25 : 201.000s (-0.04%)
GFH25 : 284.975s (+0.12%)
GFJ25 : 284.550s (+0.12%)
GFK25 : 285.250s (-0.02%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 232.060
2nd Resistance Point 232.060
1st Resistance Point 232.060
Last Price 232.060s
1st Support Level 232.060
2nd Support Level 232.060
3rd Support Level 232.060

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52-Week High 268.500
Fibonacci 61.8% 245.828
Fibonacci 50% 238.825
Last Price 232.060s
Fibonacci 38.2% 231.822
52-Week Low 209.150

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