Live Cattle Apr '20 (LEJ20)
Live Cattle Futures Market News and Commentary
Live cattle futures are down $1.45 to $2.15 in the front months on Tuesday. Cash trade has started to creep in a $255 in the south this week, near the $255-258 trade from last week. Feeder cattle futures are trading with $4.15 to $4.30 at midday. The CME Feeder Cattle Index was back down $6.26 on May 29 to $367.14. The weekly OKC auction has an estimated 5,134 head for sale, with feeders noted $5-15 lower, as calves were down $10-20.
The weekly NASS Crop Progress report showed the US pasture rating at 30% gd/ex, up 1% from the week prior. The Brugler500 index was up 5 points to 272.
Wholesale Boxed Beef prices were higher in the Tuesday morning report, with the Chc/Sel spread at $9.99. Choice boxes were up 98 cents to $393.81, while Select was 73 cents higher at $383.82. USDA estimated federally inspected cattle slaughter for Monday at 104,000 head, which was down 10,635 head from the same Monday last year.Â
Jun 26 Live Cattle  are at $247.550, down $1.450,
A... Read more
Blue Line Futures · 1 hour ago
Grain markets continued to bleed lower in Tuesday's trade despite oil continuing to show strength. Lean hogs had an impressive reversal, is the low finally...
Walsh Trading · 1 hour ago
We could see a bid in the cattle markets tomorrow - July'26 Grains are still too high
Swift Trading Company · Tue Jun 2, 2:40PM CDT
A softer close, but could have been a lot worse considering the low of the day.
Barchart · Tue Jun 2, 12:20PM CDT
Live cattle futures are down $1.45 to $2.15 in the front months on Tuesday. Cash trade has started to creep in a $255 in the south this week, near the...
Barchart · Tue Jun 2, 12:20PM CDT
Lean hog futures are trading with 55 cent to $1.50 gains at midday. USDA’s national base hog price was reported at $94.75 on Tuesday morning, up 92 cents...
Barchart · Tue Jun 2, 7:22AM CDT
Live cattle futures saw gains of 75 cents to $2.05 across the board on Monday. Cash trade felt softer last week to $255-258 across the country. Feeder...
Barchart · 1 hour ago
Rocket Lab is having trouble with a key rocket.
Barchart · 1 hour ago
A partnership with Nvidia and Siemens has created a surge in Fluence Energy’s stock.
Barchart · 1 hour ago
Broadcom stock has already had a meteoric run ahead of Q2 earnings on June 3, but options traders believe AVGO shares will push higher after the quarterly...
Barchart · 1 hour ago
Microsoft stock just hit a three-month high, and its upcoming AI-powered Windows PCs running on Nvidia chips could give investors another reason to pay...
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.45%, and the Nasdaq 100 Index...
Barchart · 1 hour ago
Hewlett Packard Enterprise stock rallies on blockbuster Q2 and impressive guidance. Loop Capital raises price target on HPE shares to $75.
Barchart · Tue Jun 2, 3:08PM CDT
Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corporation in an all-cash deal valued at $6.8 billion, offering $72.50 per share, a 24%...
Barchart · Tue Jun 2, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.02%. The dollar recovered from early losses on Tuesday and moved slightly higher after US Apr JOLTS job...
