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Feeder Cattle Oct '23 (GFV23)

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Feeder Cattle Futures Market News and Commentary

Cattle Look to Tuesday Trade Following Monday Gains

Live cattle futures closed with mostly higher action, up 82 cents to $1.25, as the exception was February, down 12 cents. Open interest was up 214 contracts. Cash trade from last week settled in at $232-233 across the country. Feeder cattle futures continued the rally, with contracts up $2.65 to $2.90. OI rose 378 contracts. The CME Feeder Cattle Index was up another $2.89 to $353.11 on January 2. The Monday OKC feeder cattle auction had an estimated 9,800 head sold, with sales of $3-10 higher on feeder steers and heifers up $10-20. Calves were up $15-20.

Export Sales data for the week ending on December 25 was released on Monday, showing net cancellations of 2,127 MT for 2025, with sales of 7,379 MT for 2026. Shipments were tallied at 7,379 MT.

Commitment of Traders data showed large managed money speculators decreasing their net long position by 1,893 contracts in live cattle futures and options as of 12/30 to 92,975 contracts. In feeder cattle futures and options, spe... Read more

Contract Specifications

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Contract
Feeder Cattle
Contract Size
50,000 pounds
Tick Size
0.00025 per pound ($12.50 per contract)
Trading Hours
8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST
Exchange
CME
Point Value
$500
Margin/Maintenance
$6,600/6,000
First Notice Date
10/26/23
Expiration Date
10/27/23 (expired)

Seasonal Chart

Feeder Cattle Oct '23
Average Price Chart for 5 Prior Oct Contracts

Commitment of Traders Positions as of Dec 30, 2025

View Chart Details
Commercials - Long / Short
14,750 (+264)
15,403 (+532)
Non-Commercials - Long / Short
30,695 (+877)
23,872 (+101)
Producers - Long / Short
7,505 (+94)
13,210 (+373)
Swap Dealers - Long / Short
5,867 (+12)
815 (+1)
Managed Money - Long / Short
24,011 (+522)
8,182 (-109)
Other Reportables - Long / Short
6,684 (+355)
15,690 (+210)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
237.175 +1.08%
on 10/23/23
255.050 -6.01%
on 09/28/23
-12.520 (-4.96%)
since 09/27/23
3-Month
237.175 +1.08%
on 10/23/23
264.675 -9.42%
on 09/15/23
-10.620 (-4.24%)
since 07/27/23
52-Week
201.100 +19.21%
on 10/31/22
264.675 -9.42%
on 09/15/23
+37.230 (+18.39%)
since 10/27/22

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Most Recent Stories

More News
Cattle Look to Tuesday Trade Following Monday Gains

Live cattle futures closed with mostly higher action, up 82 cents to $1.25, as the exception was February, down 12 cents. Open interest was up 214 contracts. Cash trade from last week settled in at $232-233...

LEM26 : 232.275 (+0.37%)
LEJ26 : 237.725 (+0.39%)
LEG26 : 237.150 (+0.54%)
GFH26 : 358.650 (+0.86%)
GFF26 : 361.800 (+0.79%)
GFJ26 : 357.600 (+0.76%)
Hogs Post Monday Rally Despite Weaker Cutout

Lean hog futures posted gains of $2.05 to $2.50 gains in the front months on Monday. Preliminary open interest was up 5,225 contracts. USDA’s national base hog price was reported at $66.36 on Monday...

HEJ26 : 91.450 (-0.05%)
HEG26 : 85.850 (-0.35%)
HEK26 : 95.350 (-0.24%)
Hogs Rally on Monday

Lean hog futures posted gains of $2.05 to $2.50 gains in the front months on Monday. USDA’s national base hog price was reported at $66.36 on Monday afternoon. The CME Lean Hog Index was back down 41...

HEJ26 : 91.450 (-0.05%)
HEG26 : 85.850 (-0.35%)
HEK26 : 95.350 (-0.24%)
Cattle Close Mostly Higher on Monday

Live cattle futures closed with mostly higher action, up 82 cents to $1.25, as the exception was February, down 12 cents. Cash trade from last week settled in at $232-233 across the country. Feeder cattle...

LEM26 : 232.275 (+0.37%)
LEJ26 : 237.725 (+0.39%)
LEG26 : 237.150 (+0.54%)
GFH26 : 358.650 (+0.86%)
GFF26 : 361.800 (+0.79%)
GFJ26 : 357.600 (+0.76%)
Hogs Rally

A strong start to first full week of the new year

Shootin' the Bull about contraction in processing and expectations for production

With the higher price action of '25, and losses incurred,  rationing has begun to contract processing capacity.  I anticipate the same in production capacity as noted by other analyst's that some states...

Cattle Bulls Are Hitting the Gas in 2026: What to Watch, and Why Grains and Hogs Are Down

Traders will be watching U.S.-China trade relations, a Russia-Ukraine peace deal, and new cases of the new world screwworm, among other catalysts as the new year kicks off.

HEG26 : 85.850 (-0.35%)
KEH26 : 524-2 (+0.67%)
GFH26 : 358.650 (+0.86%)
ZCH26 : 445-2 (+0.17%)
ZSH26 : 1065-0 (+0.28%)
ZWH26 : 513-0 (+0.10%)
ZCH26 : 445-2 (+0.17%)
ZWH26 : 513-0 (+0.10%)
KEH26 : 524-2 (+0.67%)
ZMH26 : 300.6 (+0.23%)
ZSH26 : 1065-0 (+0.28%)
HEG26 : 85.850 (-0.35%)
Hogs Starting Monday with Gains

Lean hog futures are showing $2.25 to $2.60 gains so far on Monday. USDA’s national base hog price was not reported on Monday morning due to thin volume. The CME Lean Hog Index was back down 41 cents...

HEJ26 : 91.450 (-0.05%)
HEG26 : 85.850 (-0.35%)
HEK26 : 95.350 (-0.24%)
Cattle Extending Gains to Monday’s Midday

Live cattle futures are up 20 cents in the nearby February contracts, with other months $1 to $1.50 higher. Cash trade from last week settled in at $232-233 across the country. Feeder cattle futures are...

LEM26 : 232.275 (+0.37%)
LEJ26 : 237.725 (+0.39%)
LEG26 : 237.150 (+0.54%)
GFH26 : 358.650 (+0.86%)
GFF26 : 361.800 (+0.79%)
GFJ26 : 357.600 (+0.76%)
Grains Bounce Back from Friday's Weakness Ft. Oliver Sloup

The first trading day of the year put pressure on grain prices, but that has turned as we enter the first full week of the year. Oliver Sloup joined RFD-TV to break it down for you.

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Strong Signal Strength.

Key Turning Points

3rd Resistance Point 239.730
2nd Resistance Point 239.730
1st Resistance Point 239.730
Last Price 239.730s
1st Support Level 239.730
2nd Support Level 239.730
3rd Support Level 239.730

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52-Week High 264.675
Fibonacci 61.8% 240.389
Last Price 239.730s
Fibonacci 50% 232.887
Fibonacci 38.2% 225.386
52-Week Low 201.100

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