Feeder Cattle Nov '24 (GFX24)
Feeder Cattle Futures Market News and Commentary
Live cattle futures posted 32 cent to $1.27 losses across the board on Monday. Cash trade was picked up last week at $248 across the country. Feeder cattle futures slipped lower on Monday, down $2.45 to $4.37 at the close. The CME Feeder Cattle Index was down $1.98 to $375.69 on April 17. The OKC feeder cattle auction had an estimated 6,000 head sold with feeders steady to $2-4 lower.Â
USDA’s Cattle on Feed report from Friday showed March Placements down 7.67% from a year ago at 1.709 million head, coming close to estimates. Marketings were 5.5% lower vs. last year at 1.62 million head. April 1 on feed came in close to estimates at 11.576 million head, down 0.53% from a year ago. The inventory for heifers on feed was at 4.32 million head, down 1.37% vs April 1, 2025, the ratio at 37.32%.Â
Wholesale Boxed Beef prices were lower in the Monday afternoon report, with the Chc/Sel at 5 cents premium to select. Choice boxes were up $2.50 to $383.56, while Select was $7.01 highe... Read more
Barchart · Tue Apr 21, 7:21AM CDT
Live cattle futures posted 32 cent to $1.27 losses across the board on Monday. Cash trade was picked up last week at $248 across the country. Feeder cattle...
Barchart · Tue Apr 21, 7:21AM CDT
Lean hog futures saw gains of 10 to 82 cents in the front months on Monday, with deferreds steady to 27 cents lower. Open interest was down 11,962 contracts...
Barchart · Mon Apr 20, 5:21PM CDT
Lean hog futures saw gains of 10 to 82 cents in the front months on Monday, with deferreds steady to 27 cents lower. USDA’s national base hog price was...
Barchart · Mon Apr 20, 5:21PM CDT
Live cattle futures posted 32 cent to $1.27 losses across the board on Monday. Cash trade was picked up last week at $248 across the country. Feeder cattle...
Walsh Trading · Mon Apr 20, 4:28PM CDT
Hogs work higher as it tests resistance
Swift Trading Company · Mon Apr 20, 2:53PM CDT
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