Feeder Cattle Oct '16 (GFV16)
Feeder Cattle Futures Market News and Commentary
Live cattle futures closed Wednesday with contracts $1.70 to $3.35 higher across the board. Cash trade has been limited so far, with last week at $260 to $265 across the country. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,008 head offered, with bids of $255. Feeder cattle futures posted Wednesday gains of $3.80 to $5.17 on the day. Open interest was down 1,561 contracts, suggesting some shorts were bailing. The CME Feeder Cattle Index was down $4.23 on May 25 to $367.26.Â
Wholesale Boxed Beef prices were mixed in the Wednesday PM report, with the Chc/Sel spread at $5.43. Choice boxes were up $1.82 to $394.72, while Select was $1.01 lower at $389.29. USDA estimated federally inspected cattle slaughter for Wednesday at 110,000 head, with the weekly total at 222,000 head. That was down 20,284 head from the same post-Memorial Day week last year.Â
Jun 26 Live Cattle  closed at $251.425, up $3.200,
Aug 26 Live Cattle  closed at $242.500, up... Read more
Barchart · Thu May 28, 7:34AM CDT
Live cattle futures closed Wednesday with contracts $1.70 to $3.35 higher across the board. Cash trade has been limited so far, with last week at $260...
Barchart · Thu May 28, 7:34AM CDT
Lean hog futures closed the Wednesday trade with contracts up 65 cents to $2 in the nearbys and back months 35 cents lower to 25 cents higher. Open interest...
Barchart · Wed May 27, 5:19PM CDT
Lean hog futures closed the Wednesday trade with contracts up 65 cents to $2 in the nearbys and back months 35 cents lower to 25 cents higher. USDA’s...
Barchart · Wed May 27, 5:19PM CDT
Live cattle futures closed Wednesday with contracts $1.70 to $3.35 higher across the board. Cash trade has been limited so far, with last week at $260...
Swift Trading Company · Wed May 27, 2:28PM CDT
Lower cash bids and higher futures helped to converge basis quickly today.
Barchart · Wed May 27, 12:20PM CDT
Live cattle futures are showing $3.35 to $3.90 so far on Wednesday. Cash trade has been limited so far, with last week at $260 to $265 across the country....
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