Feeder Cattle Oct '24 (GFV24)
Feeder Cattle Futures Market News and Commentary
Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Open interest was up 3,860 contracts, with August down 8,909 contracts. Cash trade has yet to get kicked off this week, with a few northern bids of $380 dressed vs. sales of 390-393 last week. Live action last week was $247-248 across the country. Feeder cattle futures were $5.50 to $6.35 lower across most contracts at Tuesday’s close. The CME Feeder Cattle Index was back up $2.10 on July 13 to $370.32.Â
Wholesale Boxed Beef prices were mixed in the Tuesday PM report, with the Chc/Sel spread at $9.54. Choice boxes were down $1.66 at $373.95, with Select 76 cents lower to $365.87. USDA’s Federally inspected cattle slaughter for Tuesday was at 111,000 head, with the week to date total at 216,000 head. That is up 6,000 head from the previous week but 14,541 head below the same week last year.
Aug 26 Live Cattle  closed at $231.425, down $3.300,
Oct 26 Live Cattle ... Read more
Barchart · Wed Jul 15, 7:30AM CDT
Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Open interest was up 3,860 contracts, with August...
Barchart · Wed Jul 15, 7:30AM CDT
Lean hog futures were mixed on Tuesday, with contracts up 35 cent to 40 cents lower. Open interest was up 6,944 contracts on Tuesday. USDA’s national...
Barchart · Tue Jul 14, 4:48PM CDT
Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Cash trade has yet to get kicked off this week,...
Barchart · Tue Jul 14, 4:48PM CDT
Lean hog futures were mixed on Tuesday, with contracts up 35 cent to 40 cents lower. USDA’s national base hog price was reported at $98.56 on Tuesday...
Blue Line Futures · Tue Jul 14, 4:04PM CDT
Corn and soybeans slipped back lower while wheat led the charge higher. Where does that put us on the chart into the mid-week trade?
Walsh Trading · Tue Jul 14, 2:37PM CDT
Have The Cattle Markets Chosen Their Path?
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