Live Cattle Jun '11 (LEM11)
Live Cattle Futures Market News and Commentary
Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Open interest was down 3,079 contracts. Cash trade has yet to get kicked off this week, with sales at $245-246 last week. The Central Stockyards Fed Cattle Exchange online auction saw no bids on the 970 head offered, with reserve prices (asks) at $250 live. Feeder cattle futures settled Wednesday with $1.10 to $1.90 gains in the front months. The CME Feeder Cattle Index was back down 4 cents to $364.59 on April 7.
Wholesale Boxed Beef prices were lower in the Wednesday afternoon report, with the Chc/Sel at an inverted $2.61. Choice boxes were down $3.08 to $379.66, while Select was $4.06s lower at $382.27. USDA estimated federally inspected cattle slaughter for Wednesday at 109,000 head, with the weekly total at 320,000. That was down 4,000 head from last week and 29,745 head below the same week last year. Â
Apr 26 Live Cattle  closed at $249.000, up $0.800,
Jun 26... Read more
Barchart 22 minutes ago
Lean hog futures were weaker on Wednesday, as contracts closed with losses of a dime in some deferreds to $2.40 in June. USDA’s national base hog price...
Barchart 22 minutes ago
Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Open interest was down 3,079 contracts. Cash trade...
Barchart Wed Apr 8, 4:18PM CDT
Lean hog futures were weaker on Wednesday, as contracts closed with losses of a dime in some deferreds to $2.40 in June. USDA’s national base hog price...
Barchart Wed Apr 8, 4:18PM CDT
Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Cash trade has yet to get kicked off this week, with...
Barchart Wed Apr 8, 12:29PM CDT
Live cattle futures are trading with contracts up 15 cents to 25 cents lower in the nearbys. Cash trade has yet to get kicked off this week, with sales...
Barchart Wed Apr 8, 12:29PM CDT
Lean hog futures are trading with contracts down 37 cents to $1.90 at midday. USDA’s national base hog price was not reported on Wednesday morning due...
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Barchart 24 minutes ago
Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Open interest was down 3,079 contracts. Cash trade...
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Barchart 24 minutes ago
Lean hog futures were weaker on Wednesday, as contracts closed with losses of a dime in some deferreds to $2.40 in June. USDA’s national base hog price...
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