Live Cattle Aug '10 (LEQ10)
Live Cattle Futures Market News and Commentary
Live cattle futures were in rally mode on Tuesday, closing with contracts up $3.60 to $5.95 higher. Cash trade was mostly $255-258 across the country last week. It has yet to take place so far this week. Feeder cattle futures rallied $5.32 to $6.87 across most contracts on Tuesday. The CME Feeder Cattle Index was back up $1.33 on June 12 to $364.00.
The weekly NASS Crop Progress report showed the US pasture rating at 32% gd/ex, up 1% from the week prior. The Brugler500 index was up 2 points to 280.
Wholesale Boxed Beef prices were higher in the Tuesday PM report, with the Chc/Sel spread at $22.73. Choice boxes were up $4.53 to $399581, while Select was 44 cents higher at $376.85. USDA’s federally inspected cattle slaughter for Tuesday was estimated at 109,000 head, with the weekly total at 208,000 head. That is down 3,000 from the previous week and 10,822 head below the same week last year.
Jun 26 Live Cattle closed at $255.300, up $4.675,
Aug 26 Live Catt... Read more
Walsh Trading · Tue Jun 16, 5:03PM CDT
The Cattle Markets are Special and They Could Start to Show Off Very Soon
Barchart · Tue Jun 16, 4:04PM CDT
Live cattle futures were in rally mode on Tuesday, closing with contracts up $3.60 to $5.95 higher. Cash trade was mostly $255-258 across the country last...
Barchart · Tue Jun 16, 4:04PM CDT
Lean hog futures were down 30 cents to $1.77 in the nearbys, with some deferred contracts December and beyond, up a tick to 30 cents. USDA’s national...
Blue Line Futures · Tue Jun 16, 3:38PM CDT
Grain markets had a softer tone in the overnight trade but sprang to life on rumors of Chinese buyers showing interest in US soybeans. Is it for real...
Swift Trading Company · Tue Jun 16, 3:02PM CDT
The right shoulder developed a shrug, that didn't necessarily void the H & S pattern, but sure moved it away from a textbook example.
Barchart · Tue Jun 16, 12:08PM CDT
Lean hog futures are trading with July down $1.15, with some spreading amongst months and other contracts steady to 20 cents higher. USDA’s national...
Barchart · 56 seconds ago
Avery has underperformed the Dow Jones Industrial Average over the past year, yet Wall Street remains optimistic about the stock.
Barchart · 1 hour ago
Although Veralto Corporation stock has lagged behind the Dow over the past year, analysts remain moderately bullish about its prospects.
Barchart · Tue Jun 16, 11:27PM CDT
While Principal Financial Group has outperformed its sector peers recently, analysts remain cautious about the stock’s prospects.
Barchart · Tue Jun 16, 6:30PM CDT
Target Corporation raised its quarterly dividend by 1.8% to $1.14 per share, extending its dividend growth streak to 54 consecutive years and maintaining...
Barchart · Tue Jun 16, 4:42PM CDT
Wolfe Research upgrades Palantir stock to “Peer Perform.” Here’s why the firm’s analysts turned bullish on PLTR shares for the remainder of 2026....
Barchart · Tue Jun 16, 4:26PM CDT
The SpaceX IPO may have opened a new chapter for space investing. Between Rocket Lab and Redwire, one has the more intriguing long-term growth story.
Barchart · Tue Jun 16, 4:04PM CDT
Cotton futures saw gains of 35 to 184 point gains across the board on Tuesday. Crude oil was down $4.08 at $76.673. The US dollar index was down $0.071...
Barchart · Tue Jun 16, 4:04PM CDT
Live cattle futures were in rally mode on Tuesday, closing with contracts up $3.60 to $5.95 higher. Cash trade was mostly $255-258 across the country last...