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Live Cattle Pit Dec '15 (LCZ15)

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Live Cattle (Pit) Futures Market News and Commentary

Cattle Rally on Tuesday

Live cattle futures closed the Tuesday session with gains of $1.05 to $2.90 across the board. Last week’s cash trade was at $246-249 in the South, with some northern action near $249-250. Monday had some cleanup trade at $248 in KS. Feeder cattle futures were $1.40 to $2.50 higher at the close. The CME Feeder Cattle Index was up $1.08 to $375.02 on April 13. The OKC feeder cattle auction from Monday had sales on 4,859 head, with feeders steady to $5 higher for steers and heifers up $10-15. Calves were steady to $25 higher.

The Tuesday update from APHIS on the new world screwworm in Mexico showed 54 total active cases in the bordering state of Tamaulipas as of April 12, with 3 active cases in Nuevo Leon.

Wholesale Boxed Beef prices were mixed in the Tuesday afternoon report, with the Chc/Sel back to a Choice premium of $3.40. Choice boxes were up $1.28 to $383.20, while Select was $3.84 lower at $379.80. USDA estimated federally inspected cattle slaughter at 112,000 head... Read more

Contract Specifications

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Contract
Live Cattle [Pit]
Contract Size
40,000 pounds
Tick Size
0.00025 per pound ($10.00 per contract)
Trading Hours
8:30a.m. - 1:02p.m. CST
Exchange
CME
Point Value
$400
Margin/Maintenance
$1,320/1,200
First Notice Date
12/01/15
Expiration Date
12/31/15 (expired)

Seasonal Chart

Live Cattle Pit Dec '15
Average Price Chart for 5 Prior Pit Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
116.975 +16.09%
on 12/17/15
135.800 unch
on 12/31/15
+5.750 (+4.42%)
since 11/30/15
3-Month
116.975 +16.09%
on 12/17/15
143.750 -5.53%
on 10/22/15
+4.875 (+3.72%)
since 09/30/15
52-Week
116.975 +16.09%
on 12/17/15
157.250 -13.64%
on 01/05/15
-18.750 (-12.13%)
since 12/30/14

More Live Cattle (Pit) Quotes

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Most Recent Stories

More News
Cattle Rally on Tuesday

Live cattle futures closed the Tuesday session with gains of $1.05 to $2.90 across the board. Last week’s cash trade was at $246-249 in the South, with some northern action near $249-250. Monday had...

LEQ26 : 246.525s (+0.85%)
LEM26 : 251.425s (+1.17%)
LEJ26 : 252.550s (+0.76%)
GFK26 : 374.850s (+0.54%)
GFJ26 : 375.875s (+0.37%)
GFQ26 : 375.825s (+0.67%)
Hogs Fall Lower on Tuesday

Lean hog futures posted Tuesday losses of 5 to 72 cents, as April was steady ahead of the Wednesday expiration. USDA’s national base hog price was reported at $90.77 on Tuesday afternoon, up $1.73 from...

HEK26 : 94.225s (-0.66%)
HEJ26 : 90.500s (unch)
HEM26 : 102.450s (-0.65%)
JUL-SEP ’26 CORN SPREAD (ZCN26-ZCU26) - WALSH PURE SPREADER

WALSH PURE SPREADER - Pure Hedge Division

Shootin' the Bull about having your cake and eating it to!

While unsure if a higher fat price this week will turn negative margins to plus for cattle feeders, I can't recall a time when the industry has been able to have its cake and eat it to.

Cattle and Wheat Lead the Way in Tuesday’s Trade

Wheat futures were the leader in today’s grain trade, is a bigger breakout looming? Corn and soybeans continued to chop around, while cattle posted another strong performance.

Hogs Trading with Tuesday Weakness

Lean hog futures are showing 40 to 60 cent losses at midday, as April is steady ahead of the Wednesday expiration. USDA’s national base hog price was reported at $90.26 on Tuesday morning, up $1.03 from...

HEK26 : 94.225s (-0.66%)
HEJ26 : 90.500s (unch)
HEM26 : 102.450s (-0.65%)
Cattle Rallying on Tuesday

Live cattle futures are up $1.95 to $2.80 in most contracts on Tuesday. Last week’s cash trade was at $246-249 in the South, with some northern action near $249-250. Monday had some cleanup trade at...

LEQ26 : 246.525s (+0.85%)
LEM26 : 251.425s (+1.17%)
LEJ26 : 252.550s (+0.76%)
GFK26 : 374.850s (+0.54%)
GFJ26 : 375.875s (+0.37%)
GFQ26 : 375.825s (+0.67%)
Lean Hogs Might Not Stand a Chance Against the Bears: When to Sell

June lean hog futures present a selling opportunity on more price weakness.

HEM26 : 102.450s (-0.65%)
HEM26 : 102.450s (-0.65%)
Are we nearing a top for cattle and low for hogs?

Cattle futures continued to linger near the contract highs while lean hogs saw additional technical pressure. Prices and indicators are nearing an inflection point.

Cattle Traders Shift Focus to Tuesday

Live cattle futures were mixed on Monday, with contracts $1.125 lower to 40 cents higher at the close. Last week’s cash trade was at $246-249 in the South, with some northern action near $249-250. Feeder...

LEQ26 : 246.525s (+0.85%)
LEM26 : 251.425s (+1.17%)
LEJ26 : 252.550s (+0.76%)
GFK26 : 374.850s (+0.54%)
GFJ26 : 375.875s (+0.37%)
GFQ26 : 375.825s (+0.67%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 135.933
1st Resistance Point 135.867
Last Price 135.800s
1st Support Level 135.667
2nd Support Level 135.533
3rd Support Level N/A

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52-Week High 157.250
Fibonacci 61.8% 141.865
Fibonacci 50% 137.113
Last Price 135.800s
Fibonacci 38.2% 132.360
52-Week Low 116.975

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