Live Cattle Pit Cash (LCY00)
Live Cattle (Pit) Futures Market News and Commentary
Live cattle futures closed the Thursday session with contracts down $2.80 to $3.92 despite a failed midday rally off the lows. Open interest was down 3,036 contracts in Thursday showing longs liquidating. Cash trade has seen action kick off at $256-260 so far through Thursday, with southern action $256-258 and northern trade at $258-260. Feeder cattle futures were down $6.07 to $6.87 on the day. Open interest was down 915 contracts on Thursday, suggesting longs exiting. The CME Feeder Cattle Index was back down $2.90 to $372.29 on May 5. Â
Brazil’s president Lula was in DC on Thursday talking with President Trump over trade and tariffs, though few details were released.
The Thursday APHIS update on the New World Screwworm showed a total of 1,702 active cases of in Mexico as of Wednesday. There were 133 active cases in the bordering state of Tamaulipas (3 within a range of 96-97 miles of the US border), 44 active in Nuevo Leon (11 within a range of 79-98 miles of the US b... Read more
Barchart · Fri May 8, 7:24AM CDT
Lean hog futures posted mixed action on Thursday, with front months down 20 to 32 cents and the rest of the board up a nickel to 80 cents. Open interest...
Barchart · Fri May 8, 7:24AM CDT
Live cattle futures closed the Thursday session with contracts down $2.80 to $3.92 despite a failed midday rally off the lows. Open interest was down 3,036...
Barchart · Thu May 7, 4:46PM CDT
Lean hog futures posted mixed action on Thursday, with front months down 20 to 32 cents and the rest of the board up a nickel to 80 cents. The CME Lean...
Barchart · Thu May 7, 4:46PM CDT
Live cattle futures closed the Thursday session with contracts down $2.80 to $3.92 despite a failed midday rally off the lows. Cash trade has seen action...
Swift Trading Company · Thu May 7, 3:12PM CDT
There are a few factors that appeared today that may be some of the reason for the lower trade.
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