Live Cattle Aug '11 (LEQ11)
Live Cattle Futures Market News and Commentary
Live cattle futures closed Friday seeing some strength off the lows but closing down 22 to 87 cents. April was down $1.82 this week. Cash trade has picked up this week, with $248 sales across the country, higher in the south but $1 weaker in the North. The Friday Fed Cattle Exchange online auction showed sales on 571 of the 1,222 head at $248. Feeder cattle futures were $1.57 to $2.85 lower across the board on Friday, with April $2.82 lower this week. The CME Feeder Cattle Index was down $1.42 to $377.67 on April 16.Â
USDA broke ground on a sterile fly facility in Edinburg, TX, with the 100 million fly/week plant expected to open in November 2027.Â
USDA’s Cattle on Feed report from Friday showed March Placements down 7.67% from a year ago at 1.709 million head, coming close to estimates. Marketings were 5.5% lower vs. last year at 1.62 million head. April 1 on feed came in close to estimates at 11.576 million head, down 0.53% from a year ago. The inventory for heifers on... Read more
Sidwell Strategies · Sat Apr 18, 8:46AM CDT
Bullish bias in Cattle-on-Feed report
Barchart · Fri Apr 17, 4:41PM CDT
Live cattle futures closed Friday seeing some strength off the lows but closing down 22 to 87 cents. April was down $1.82 this week. Cash trade has picked...
Barchart · Fri Apr 17, 4:41PM CDT
Lean hog futures closed Friday with contracts down a tick to 67 cents, as June was down $2.67 this week. USDA’s national base hog price was reported...
Walsh Trading · Fri Apr 17, 4:35PM CDT
Cattle Markets Crash and recover in front of the Cattle on Feed report
Swift Trading Company · Fri Apr 17, 2:08PM CDT
In my opinion, the cattle market is believed moving into equilibrium. Rationing has caused significant shifts in domestic production and processing.
Barchart · Sat Apr 18, 10:30AM CDT
The recent selloff in Netflix stock suggests the market may be disproportionately pricing in near-term risks while overlooking the company’s longer-term...
Barchart · Sat Apr 18, 9:00AM CDT
With data center demand accelerating, the focus is turning to the components that keep systems running. As pricing strengthens and infrastructure scales...
Barchart · Sat Apr 18, 8:30AM CDT
The $6 billion Jane Street deal signals that AI compute demand is rapidly expanding beyond Big Tech, strengthening CoreWeave’s long-term growth story....
Barchart · Sat Apr 18, 8:15AM CDT
Stronger demand conditions and upgraded sentiment are reinforcing a bullish outlook for Seagate. Is now the right time to enter STX?
Barchart · Sat Apr 18, 8:13AM CDT
When I saw the picture available to use of a ghost in a wheat field, I knew I had to use it for this piece discussing long-term investments in a market...
Barchart · Sat Apr 18, 8:00AM CDT
Lucid’s transformation into a well-funded autonomous mobility contender is gaining traction, amid a capital boost and a 35,000-vehicle Uber robotaxi...
Barchart · Fri Apr 17, 11:15PM CDT
While Mosaic is all geared up to release its first-quarter earnings in the near term, analysts are anticipating a double-digit bottom-line drop.
Barchart · Fri Apr 17, 11:11PM CDT
Global Payments is poised to release its first-quarter results shortly, with analysts projecting a modest, single-digit uptick in earnings.
