Feeder Cattle Sep '24 (GFU24)
Feeder Cattle Futures Market News and Commentary
Live cattle futures are trading with midday losses of 97 cents to $1.90. The Thursday Fed Cattle online auction showed no sales on the 1,466 head offered, with bids at $254. Cash trade has been slow this week. Feeder cattle futures are down 50 cents to $1.25 so far at Thursday’s midday. The CME Feeder Cattle Index was up 2 cents on June 16 to $364.02. The market will round out the week today, with Friday off in observance of Juneteenth.
USDA will release Cattle on Feed data later today, as traders are looking for May placements to be down 5.5% from a year ago. Marketings are seen down 10.6% compared to 2025. June 1 on feed is expected to total 2.5% larger than the same period last year.
The weekly Export Sales report showed 10,449 MT of beef sold for 2026 in the week ending on June 11, nearly half of what was reported for last week. Shipments were pegged at 13,022 MT, back down from the week prior.
Wholesale Boxed Beef prices were lower in the Thursday AM report, w... Read more
Swift Trading Company · 19 minutes ago
On feed came out as expected with 102% on feed (11.7 million head) 90% placed and 88% marketed.
Barchart · Thu Jun 18, 11:47AM CDT
Lean hog futures are trading with midday losses of 2 to 50 cents on Thursday. USDA’s national base hog price was reported at $97.32 on Thursday morning,...
Barchart · Thu Jun 18, 11:47AM CDT
Live cattle futures are trading with midday losses of 97 cents to $1.90. The Thursday Fed Cattle online auction showed no sales on the 1,466 head offered,...
Barchart · Thu Jun 18, 7:16AM CDT
Lean hog futures were down 15 cents in July, but up 20 cents to $1.45 in the rest of the contracts. USDA’s national base hog price was reported at $97.75...
Barchart · Thu Jun 18, 7:16AM CDT
Live cattle futures were up 42 cents in June but down 15 to 75 cents across the rest of the board on Wednesday. Open interest was up 3,469 contracts. The...
Barchart · 12 minutes ago
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Barchart · 13 minutes ago
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Barchart · 25 minutes ago
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Barchart · 27 minutes ago
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Barchart · 1 hour ago
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Barchart · 1 hour ago
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Barchart · 1 hour ago
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