Feeder Cattle Mar '25 (GFH25)
Feeder Cattle Futures Market News and Commentary
Live cattle futures were down 57 cents to $1.22 across the board on Tuesday. June futures expired at $258.20. Open interest was down 2,448 contracts on the day. Cash trade has been quiet this week with last week at northern sales of $260 and $258 in the South. Feeder cattle futures were down $2.87 to $3.22 at the close. Open interest suggested new selling interest, up 615 contracts. The CME Feeder Cattle Index was down $2.52 on June 29 to $377.40.
The weekly NASS Crop Progress report showed the US pasture rating at 34% gd/ex, up 1% from the week prior. The Brugler500 index was up 5 points to 291.
Wholesale Boxed Beef prices were mixed in the Tuesday afternoon, with the Chc/Sel spread at $21.48. Choice boxes were up $1.72 at $393.16, with Select $2.50 lower to $371.68. USDA’s federally inspected cattle slaughter for Tuesday was estimated at 110,000 head, with the weekly total at 214,000 head. That was down 2,000 from the previous week on a 3,000 head revision lower to Mon... Read more
Barchart · Wed Jul 1, 7:30AM CDT
Live cattle futures were down 57 cents to $1.22 across the board on Tuesday. June futures expired at $258.20. Open interest was down 2,448 contracts on...
Barchart · Wed Jul 1, 7:30AM CDT
Lean hog futures were 47 to 92 cents higher in the nearbys on Tuesday, with deferred contracts down 32 to 47 cents. Open interest was down 3,363 contracts...
Barchart · Tue Jun 30, 5:25PM CDT
Lean hog futures were 47 to 92 cents higher in the nearbys on Tuesday, with deferred contracts down 32 to 47 cents. USDA’s national base hog price was...
Barchart · Tue Jun 30, 5:25PM CDT
Live cattle futures were down 57 cents to $1.22 across the board on Tuesday. June futures expired at $258.20. Cash trade has been quiet this week with...
Swift Trading Company · Tue Jun 30, 3:23PM CDT
The six year and two month long bull market in fat cattle is believed complete.
Barchart · Tue Jun 30, 11:45AM CDT
Lean hog futures are showing 12 to 72 cent gains so far on Tuesday. USDA’s national base hog price was reported at 97.05 on Tuesday morning. The CME...
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