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Feeder Cattle Jan '27 (GFF27)

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Feeder Cattle Futures Market News and Commentary

Cattle Close Out February Bulls Retreating

Live cattle futures posted $2 to $4.70 losses on Friday as April was $9.77 lower on the week. Cash trade settled in at $383 dressed in the North, with $243-244 live across the country. Feeder cattle futures closed Friday with contracts falling $6.22 to $8.10, as March was $12.60 lower this week. The CME Feeder Cattle Index was down another 38 cents to $372.79 on February 26.

Weekly CFTC data from Friday showed a total of 2,296 contracts added to the managed money net long position as of Tuesday to 119,013 contracts. In feeder cattle futures and options, specs added 1,356 contracts to their net long as of 2/24 to 18,162 contracts.

Wholesale Boxed Beef prices were higher in the Friday afternoon report, with the Chc/Sel spread narrowing to $5.53. Choice boxes were up $1.95 to $379.84, while Select was $3.52 higher to $374.31. USDA estimated this week’s federally inspected cattle slaughter at 516,000 head. That is even with last week and 52,747 head below than the same week... 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
$6,600/6,000
First Notice Date
01/28/27 (334 days)
Expiration Date
01/28/27 (334 days)

Seasonal Chart

Feeder Cattle Jan '27
Average Price Chart for 5 Prior Jan Contracts

Commitment of Traders Positions as of Feb 24, 2026

View Chart Details
Commercials - Long / Short
15,337 (+688)
18,819 (+561)
Non-Commercials - Long / Short
32,314 (-119)
22,097 (-488)
Producers - Long / Short
8,236 (+443)
15,862 (+367)
Swap Dealers - Long / Short
4,900 (-32)
756 (-83)
Managed Money - Long / Short
26,613 (+296)
6,979 (-582)
Other Reportables - Long / Short
5,701 (-415)
15,118 (+94)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
332.725 +0.20%
on 02/27/26
349.600 -4.63%
on 02/19/26
-8.175 (-2.39%)
since 01/27/26
3-Month
299.625 +11.27%
on 12/01/25
349.600 -4.63%
on 02/19/26
+41.275 (+14.13%)
since 11/26/25

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Most Recent Stories

More News
Cattle Futures Crash

Markets break down as February ends badly

Cattle Close Out February Bulls Retreating

Live cattle futures posted $2 to $4.70 losses on Friday as April was $9.77 lower on the week. Cash trade settled in at $383 dressed in the North, with $243-244 live across the country. Feeder cattle futures...

LEQ26 : 227.800s (-1.63%)
LEM26 : 229.150s (-1.82%)
LEJ26 : 232.225s (-1.97%)
GFJ26 : 351.200s (-2.10%)
GFH26 : 355.425s (-1.72%)
GFK26 : 347.200s (-2.28%)
Hogs Ease Lower on Friday

Lean hog futures closed out February with contracts steady to 40 cents lower, as April held onto a $2.05 gain this week. USDA’s national base hog price was reported at $90.38 on Friday afternoon, down...

HEK26 : 100.125s (-0.22%)
HEJ26 : 95.725s (unch)
HEM26 : 109.550s (-0.34%)
Shootin' the Bull about doing such a great job, everyone wants to join in

Lastly, cattlemen have bid inventory to levels that have encouraged other producers, outside of the US, to increase production capabilities.

Agricultural Prices

Agricultural Prices - 2026-02-27

KGK26 : 0.6561s (+0.38%)
ZSK26 : 1170-6s (+0.62%)
KIH26 : 296.00s (unch)
XBM26 : 197.25s (+2.33%)
KOK26 : 4,042s (+0.92%)
SWK26 : 407.70s (-0.05%)
ZSBAUS.CM : -0.6418 (-0.19%)
ZOK26 : 319-6s (+0.24%)
BJG26 : 1.4330s (unch)
ZMK26 : 320.5s (-0.12%)
MLK26 : 201.50s (+1.90%)
ZCK26 : 448-4s (+1.13%)
Hogs Posting Mixed Friday Trade

Lean hog futures are mixed at midday, with contracts within 20 cents of unchanged. USDA’s national base hog price was reported at $90.46 on Friday morning, down 51 cents from the day prior. The CME Lean...

HEK26 : 100.125s (-0.22%)
HEJ26 : 95.725s (unch)
HEM26 : 109.550s (-0.34%)
Cattle Closing February with Midday Losses

Live cattle futures are down $2 to $4.12 at midday. Some new selling interest was noted, up 2,199 contracts. Cash trade has come in at $383 dressed in the North, with some $243-245 live across the rest...

LEQ26 : 227.800s (-1.63%)
LEM26 : 229.150s (-1.82%)
LEJ26 : 232.225s (-1.97%)
GFJ26 : 351.200s (-2.10%)
GFH26 : 355.425s (-1.72%)
GFK26 : 347.200s (-2.28%)
Hogs Ease Lower on Thursday

Lean hog futures fell weaker on Thursday, as contracts were down 25 to 50 cents at the close. Open interest rose 3,610 contracts on Thursday. USDA’s national base hog price was reported at $91.00 on...

HEK26 : 100.125s (-0.22%)
HEJ26 : 95.725s (unch)
HEM26 : 109.550s (-0.34%)
Cattle Look to Close Out the Week

Live cattle futures were down $3 to $3.50 in most contracts at the close. Some new selling interest was noted, up 2,199 contracts. Cash trade got kicked off with some $383 dressed in the North, with some...

LEQ26 : 227.800s (-1.63%)
LEM26 : 229.150s (-1.82%)
LEJ26 : 232.225s (-1.97%)
GFJ26 : 351.200s (-2.10%)
GFH26 : 355.425s (-1.72%)
GFK26 : 347.200s (-2.28%)
Livestock and Grains round up and our actionable playbook for the last trading session in February'26

We analyze Livestock and Grains sector in this very brief report

ZMK26 : 320.5s (-0.12%)
ZCK26 : 448-4s (+1.13%)
PAM26 : 1,828.50s (+2.24%)
GFJ26 : 351.200s (-2.10%)
HGK26 : 6.0595s (+0.91%)
PLJ26 : 2,373.5s (+5.98%)
ZLK26 : 61.85s (+0.15%)
LEJ26 : 232.225s (-1.97%)
HOJ26 : 2.5960s (+2.78%)
RBJ26 : 2.2855s (+1.41%)
ZSK26 : 1170-6s (+0.62%)
ZWK26 : 591-4s (+2.96%)

Key Turning Points

3rd Resistance Point 346.050
2nd Resistance Point 343.250
1st Resistance Point 338.325
Last Price 333.400s
1st Support Level 330.600
2nd Support Level 327.800
3rd Support Level 322.875

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52-Week High 349.600
Last Price 333.400s
Fibonacci 61.8% 322.936
Fibonacci 50% 314.700
Fibonacci 38.2% 306.464
52-Week Low 279.800

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