Live Cattle Apr '21 (LEJ21)
Live Cattle Futures Market News and Commentary
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 $248 in KS. Feeder cattle futures are $1.45 to $2.40 higher in the front months. The CME Feeder Cattle Index was up $7.27 to $373.94 on April 10. 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.
Wholesale Boxed Beef prices were mixed in the Tuesday morning report, with the Chc/Sel back to a Choice premium of $1.70. Choice boxes were up $2.86 to $384.78, while Select was 56 cents lower at $383.08. USDA estimated federally inspected cattle slaughter at 107,000 head for Monday. That was up 9,000 head from last week but 5,513 head below the same week last year. Â
Apr 26 Live Cattle  are at $252.625, up $1.975,
Jun 26 Live Cattle  are at $251.325, up $2.800,... Read more
Swift Trading Company · 28 minutes ago
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...
Blue Line Futures · 1 hour ago
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...
Barchart · Tue Apr 14, 12:18PM CDT
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...
Barchart · Tue Apr 14, 12:18PM CDT
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...
Barchart · Tue Apr 14, 9:14AM CDT
June lean hog futures present a selling opportunity on more price weakness.
Blue Line Futures · Tue Apr 14, 8:41AM CDT
Cattle futures continued to linger near the contract highs while lean hogs saw additional technical pressure. Prices and indicators are nearing an inflection...
Barchart · 31 minutes ago
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