Feeder Cattle Apr '12 (GFJ12)
Feeder Cattle Futures Market News and Commentary
Live cattle futures posted gains of 75 cents to $3 across the board on Monday. Sharp gains in the equities following the weekend deal between the US and Iran offered spillover support. Cash trade was mostly $255-258 across the country last week. Feeder cattle futures rallied $4.12 to $5.30 at the close. The CME Feeder Cattle Index was back down $5.34 on June 12 to $362.67.
The weekly NASS Crop Progress report showed the US pasture rating at 32% gd/ex, up 1% from the week prior. The Brugler500 index was up 2 points to 280.
Wholesale Boxed Beef prices were higher in the Monday PAM report, with the Chc/Sel spread at $18.64. Choice boxes were up $3.12 to $395.05, while Select was $3.69 higher at $376.41.  USDA’s federally inspected cattle slaughter for Monday was estimated at 99,000 head. That is down 3,000 from the previous Monday and 1,782 head below the same week last year.
Jun 26 Live Cattle  closed at $250.625, up $0.750,
Aug 26 Live Cattle  closed at $243.2... Read more
Barchart · Mon Jun 15, 5:04PM CDT
Live cattle futures posted gains of 75 cents to $3 across the board on Monday. Sharp gains in the equities following the weekend deal between the US and...
Barchart · Mon Jun 15, 5:04PM CDT
Lean hog futures closed with losses of 40 cents to $1.15 on Monday. USDA’s national base hog price was reported was $97.25 on Monday afternoon, up $1.98...
Swift Trading Company · Mon Jun 15, 3:41PM CDT
Well, higher or lower, the right shoulder is built, in the final stages of, or actually nonexistent.
Blue Line Futures · Mon Jun 15, 1:53PM CDT
Corn futures made new lows in the overnight trade, but caught a wave of buying during the most important time of the trading day.
Barchart · Mon Jun 15, 12:20PM CDT
Live cattle futures are trading with gain of 42 cents to $2.35 at midday. Sharp gains in the equities following the weekend deal between the US and Iran...
Barchart · 1 hour ago
As Brown-Forman has lagged behind the S&P 500 Index over the past year, analysts are cautious about the stock’s prospects.
Barchart · 1 hour ago
PPL Corporation has underperformed the Nasdaq recently, yet analysts remain highly optimistic about the stock’s prospects.
Barchart · Mon Jun 15, 6:30PM CDT
After years of quality and cost issues, Ford is finally showing progress. But investors need more assurance.
Barchart · Mon Jun 15, 5:04PM CDT
The wheat complex saw mixed action on Monday, with the spring wheat market the weakest. Chicago SRW contracts were up 3 ¾ to 5 ¾ cents on the day. KC...
Barchart · Mon Jun 15, 5:04PM CDT
Cotton futures posted gains of 35 to 56 points across most contracts on Monday. Crude oil was down $3.72 at the close after the US and Iran came to a peace...
Barchart · Mon Jun 15, 5:04PM CDT
Live cattle futures posted gains of 75 cents to $3 across the board on Monday. Sharp gains in the equities following the weekend deal between the US and...
Barchart · Mon Jun 15, 5:04PM CDT
Lean hog futures closed with losses of 40 cents to $1.15 on Monday. USDA’s national base hog price was reported was $97.25 on Monday afternoon, up $1.98...
Barchart · Mon Jun 15, 5:04PM CDT
Soybeans saw gains at the Monday close despite the early weakness, with contracts up 2 1/2 to 5 3/4 cents at the final bell. The cmdtyView national average...