Live Cattle Feb '11 (LEG11)
Live Cattle Futures Market News and Commentary
Live cattle futures posted gains of 42 cents to $2.22 across the board on Wednesday. Cash trade has been quiet so far this week following the $232-235 last week. There was some $370-371 dressed trade reported, with southern bids at $230-235..The Wednesday Fed Cattle Exchange online auction showed no sales on the 734 head offered, with bids at $230-230.50 live and $365 dressed. Feeder cattle futures were 72 cents to $2.27 in the green at the Wednesday close. The CME Feeder Cattle Index was back down 48 cents on August 4 to $348.65.
Wholesale Boxed Beef prices were mixed in the Wednesday afternoon report. Choice boxes were down $1.68 at $367.97, with Select $1.56 higher to $348.06. USDA’s Federally inspected cattle slaughter for Wednesday was estimated at 106,000 head, with the week to date total at 306,000 head. That is up 1,000 head from the previous week but 24,532 head below the same week last year.
Aug 26 Live Cattle closed at $234.175, up $2.225,
Oct 26 Live... Read more
Barchart · Wed Aug 5, 4:49PM CDT
Live cattle futures posted gains of 42 cents to $2.22 across the board on Wednesday. Cash trade has been quiet so far this week following the $232-235...
Barchart · Wed Aug 5, 4:48PM CDT
Live cattle futures posted gains of 42 cents to $2.22 across the board on Wednesday. Cash trade has been quiet so far this week following the $232-235...
Barchart · Wed Aug 5, 12:12PM CDT
Lean hog futures are trading with $1.07 to $1.45 cent losses on Wednesday. USDA’s national base hog price was reported at $98.91 on Wednesday morning,...
Barchart · Wed Aug 5, 12:12PM CDT
Live cattle futures are trading with contracts $1.65 to $2.50 higher at midday. Cash trade has been quiet this week following the $232-235 last week. The...
Barchart · Wed Aug 5, 7:37AM CDT
Live cattle futures posted gains of 85 cents to $1.72 across the board on Tuesday. Open interest suggested modest short covering, down just 943 contracts,...
Barchart · Wed Aug 5, 7:37AM CDT
Lean hog futures posted Tuesday gains of 32 to 62 cents at the close. Open interest implied some modest new length coming in, up 2,236 contracts. USDA’s...
Barchart · Wed Aug 5, 6:30PM CDT
PepsiCo is trading near 52-week lows while rival Coca-Cola is near its 52-week highs. However, a dividend yield of over 4% and tepid valuations make PEP...
Barchart · Wed Aug 5, 4:49PM CDT
The wheat complex saw mixed trade into the Wednesday close. Chicago SRW contracts were 3 3/4 to 10 cents higher to close out the midweek session. KC HRW...
Barchart · Wed Aug 5, 4:49PM CDT
Soybeans saw losses of 2 to 3 ½ cents across most contracts on Wednesday, with deferreds fractionally mixed. The cmdtyView national average Cash Bean...
Barchart · Wed Aug 5, 4:49PM CDT
Live cattle futures posted gains of 42 cents to $2.22 across the board on Wednesday. Cash trade has been quiet so far this week following the $232-235...
Barchart · Wed Aug 5, 4:49PM CDT
Corn futures closed down a penny to 5 ¾ cents across most contracts at the Wednesday close, as pressure continues. The front months took the brunt of...
Barchart · Wed Aug 5, 4:48PM CDT
Live cattle futures posted gains of 42 cents to $2.22 across the board on Wednesday. Cash trade has been quiet so far this week following the $232-235...
Barchart · Wed Aug 5, 4:48PM CDT
Corn futures closed down a penny to 5 ¾ cents across most contracts at the Wednesday close, as pressure continues. The front months took the brunt of...
Barchart · Wed Aug 5, 4:48PM CDT
Soybeans saw losses of 2 to 3 ½ cents across most contracts on Wednesday, with deferreds fractionally mixed. The cmdtyView national average Cash Bean...