Live Cattle Aug '13 (LEQ13)
Live Cattle Futures Market News and Commentary
Live cattle futures were down $2.65 to $4.925 at the Monday close. Cash trade was mainly $256-258 last week, with the early week action thus far compiling showlists. Feeder cattle futures were down $2.37 to $3.52 at the close. The CME Feeder Cattle Index was up another $5.63 on June 5 to $367.01. The weekly OKC feeder cattle auction has an estimated 4,540 head sold today, with the action steady to $5 higher on feeder steers to up $10, as heifers were $2-8 higher. Calves were $10-20 lower on steers and down $2-8 for heifers.
The weekly NASS Crop Progress report showed the US pasture rating at 31% gd/ex, up 1% from the week prior. The Brugler500 index was up 6 points to 278.
There were two more cases of New World Screwworm reported in the US this morning, one in La Salle county, TX and another in a goat in Gillespie County, TX. There was also a case dog in that resides in a home in Lea County, NM that was reportedly recently in Mexico.
Wholesale Boxed Beef prices w... Read more
Barchart · Mon Jun 8, 4:52PM CDT
Live cattle futures were down $2.65 to $4.925 at the Monday close. Cash trade was mainly $256-258 last week, with the early week action thus far compiling...
Barchart · Mon Jun 8, 4:52PM CDT
Lean hog futures were down 25 cents to $1.42 on the Monday session. USDA’s national base hog price was reported at $96.11 on Monday afternoon, up $2.26...
Swift Trading Company · Mon Jun 8, 2:22PM CDT
Over fed cattle? Something is impacting the August and October fats. Today's lower trading is believed a direct result from the congestion at the center...
Blue Line Futures · Mon Jun 8, 2:14PM CDT
Buyers stayed cautious as corn neared key support and soybeans extended losses. Plus: wheat's quiet strength, a wild cattle reversal, and fresh lows in...
Barchart · Mon Jun 8, 12:29PM CDT
Live cattle futures are down $3.60 to $4.475 so far on Monday. Cash trade was mainly $256-258 last week. Feeder cattle futures are down $3.22 to $3.40...
Barchart · 5 minutes ago
L3Harris has underperformed the industrial sector lately, but Wall Street remains optimistic about the stock.
Barchart · 7 minutes ago
Fastenal has lagged behind the Nasdaq Composite over the past year, and analysts remain unsure about the stock’s outlook.
Barchart · 8 minutes ago
Cummins has considerably outperformed the S&P 500 recently, and analysts remain moderately optimistic about the stock’s prospects.
Barchart · 29 minutes ago
TSMC's 2nm process node is progressing well and may not yet be priced into its future earnings.
Barchart · 59 minutes ago
Let's say I have $11,000 to invest into RKLB stock, I could simply buy 100 shares and hope the stock rises. But, if I want a more conservative play, I...
Barchart · 1 hour ago
Kroger has lagged the S&P 500 Index over the past year, and analysts remain somewhat bullish on the stock’s growth prospects.
Barchart · 1 hour ago
Although Arch Capital Group has underperformed its industry peers recently, analysts remain moderately optimistic about the stock’s prospects.
Barchart · 1 hour ago
June S&P 500 E-Mini futures (ESM26) are up +0.46%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.69% this morning as a rebound in the AI trade entered...
