Feeder Cattle Aug '24 (GFQ24)
Feeder Cattle Futures Market News and Commentary
Live cattle futures saw 22 cent to $1.05 gains to close out the Thursday session. Cash trade this week has been centered around $246 across the country. The Thursday morning Fed Cattle Exchange showed $246-247 sales on 334 of the 1,226 head offered. Feeder cattle futures were up 45 to 90 cents on Thursday, with front month April down 17 cents. The CME Feeder Cattle Index was down $3.44 to $370.00 on April 22. Â
The Thursday APHIS update on the New World Screwworm in Mexico showed total active cases at 1,469 as of 4/22, which was up 74 cases from the Tuesday update. In the bordering state of Tamaulipas, there were 116 active cases (+14 from Tuesday), with 8 active cases in Nuevo Leon (+3).
USDA’s Export Sales report showed beef export business at 15,131 MT in the week of 4/16. South Korea was the largest buyer of 5,100 MT, with 4,100 MT sold to Japan. Shipments were tallied at 12,450 MT. The top destination was South Korea at 4,200 MT, with 3,100 MT headed to Japan.Â
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Barchart · 1 hour ago
Lean hog futures rounded out the Thursday trade with contracts 20 to 82 cents higher. USDA’s national base hog price was not reported on Thursday afternoon...
Barchart · 1 hour ago
Live cattle futures saw 22 cent to $1.05 gains to close out the Thursday session. Cash trade this week has been centered around $246 across the country....
Walsh Trading · Thu Apr 23, 4:12PM CDT
This is a Selling Opportunity
Swift Trading Company · Thu Apr 23, 2:40PM CDT
Conflicting news stories created a hefty day of volatility for producers to contend with.
Barchart · Thu Apr 23, 12:15PM CDT
Lean hog futures are up 15 to 60 cents in the front months on Thursday. USDA’s national base hog price was not reported on Thursday morning. The CME...
Barchart · 1 hour ago
The wheat complex was in rally mode on Thursday. KC HRW futures led the wheat rally, with gains of 10 ½ to 29 ¼ cents, led by the front months. Chicago...
Barchart · 1 hour ago
Lean hog futures rounded out the Thursday trade with contracts 20 to 82 cents higher. USDA’s national base hog price was not reported on Thursday afternoon...
Barchart · 1 hour ago
Corn futures closed the Thursday session with most contracts ½ to 2 ¾ cents higher. The CmdtyView national average Cash Corn price as up 1 3/4 cents...
Barchart · 1 hour ago
Live cattle futures saw 22 cent to $1.05 gains to close out the Thursday session. Cash trade this week has been centered around $246 across the country....
Barchart · 1 hour ago
Soybeans saw weakness for much of the Thursday session, with contracts down 1 to 4 ¾ cents. The cmdtyView national average Cash Bean price was down 4...
Barchart · 1 hour ago
Cotton futures resumed gains on the Thursday session, as contracts closed with 17 to 81 cent gains. The US dollar index was 0.234 higher at $98.655. Crude...
Barchart · Thu Apr 23, 4:02PM CDT
Apple’s leadership shift arrives as the company pushes into AI, but execution risks and China exposure remain in focus.
Barchart · Thu Apr 23, 3:34PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100...
