Feeder Cattle May '23 (GFK23)
Feeder Cattle Futures Market News and Commentary
Live cattle futures closed the Thursday with contracts down $1.67 to $3.45. There were 3 deliveries for April retendered in Dodge City on Thursday, with another 20 deliveries tendered in West Point. Â Cash trade has picked up this week, with a few $248 sales in the South, as last week was $246-249 in the South and $249-250 in the north. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,222 head, with bids of $246-248. Feeder cattle futures posted losses of $3.67 to $4.62 on Thursday, with April down 42 cents. The CME Feeder Cattle Index was up $3.63 to $379.09 on April 15.Â
The Thursday update from APHIS on the new world screwworm in Mexico showed a total of 1,295 active cases across the country. There was still 63 total active cases in the bordering state of Tamaulipas as of April 15, with 2 active cases in Nuevo Leon.
USDA will release their Cattle on Feed report on Friday, with March Placements estimated to be down 7.1% from a year ago, w... Read more
ONE44 Analytics · Thu Apr 16, 5:22PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Barchart · Thu Apr 16, 4:42PM CDT
Live cattle futures closed the Thursday with contracts down $1.67 to $3.45. There were 3 deliveries for April retendered in Dodge City on Thursday, with...
Barchart · Thu Apr 16, 4:42PM CDT
Lean hog futures were mostly lower on Thursday, with contracts down anywhere from a tick to 67 cents. USDA’s national base hog price was reported at...
Walsh Trading · Thu Apr 16, 3:31PM CDT
New contract highs have been set this week, is today's weakness just profit taking or a sign of things to come?
Blue Line Futures · Thu Apr 16, 2:58PM CDT
Wheat was the bright spot today while the rest of ag (corn, beans, cattle, and hogs) struggled to hold ground
Swift Trading Company · Thu Apr 16, 2:07PM CDT
An overlapping of previous wave highs started today with October having traded under what is believed a wave 3 high made on 4/6. A trade of October under...
Barchart · Fri Apr 17, 2:36AM CDT
Cencora is scheduled to report its second-quarter results next month, and analysts project a single-digit increase in earnings.
Barchart · Fri Apr 17, 2:33AM CDT
: Uber is set to report its first-quarter earnings next month, and analysts are anticipating a low double-digit decline in its bottom line.
Barchart · Fri Apr 17, 2:28AM CDT
Rockwell Automation is poised to report its fiscal second-quarter results shortly, with analysts forecasting double-digit earnings growth.
Barchart · Fri Apr 17, 2:25AM CDT
Electronic Arts is scheduled to report its first-quarter results soon, and analysts expect a solid double-digit earnings surge.
Barchart · Fri Apr 17, 2:22AM CDT
Paycom Software is set to report its first-quarter results shortly, and analysts are expecting a modest uptick in earnings per share.
Barchart · Thu Apr 16, 6:30PM CDT
Amazon’s new 25 billion dollar data‑center push underscores why American Tower’s tower network and CoreSite data‑center arm are valuable, giving...
Barchart · Thu Apr 16, 4:42PM CDT
Cotton futures continued the rally on Thursday, with contracts closing 11 to 71 points higher on the session. The US dollar index was $0.184 higher at...
Barchart · Thu Apr 16, 4:42PM CDT
Corn futures were busy reverting from the Wednesday gains on Thursday, with contracts down fractionally in the new crop contracts to 2 3/4 cents in the...
