Live Cattle Aug '22 (LEQ22)
Live Cattle Futures Market News and Commentary
Live cattle futures closed the Tuesday session with contracts 15 to 90 cents higher on the day. Cash trade has been quiet so far this week, with a few $359 dressed sales creeping in following last week’s $225-228 live and $362-368 dressed action. Feeder cattle futures slipped 75 cents lower in nearby August, with other contracts up 20 to 97 cents. The CME Feeder Cattle Index was down another 88 cents on August 17 to $343.55.
Workers at the Fort Morgan, CO Cargill slaughter facility voted to end a labor dispute that has left the plant down since May after a lockout was initiated. Slaughter is expected to resume on September 7.
Wholesale Boxed Beef prices were higher in the Tuesday afternoon report, widening the Chc/Sel spread back out to $24.86. Choice boxes were up $11.58 at $389.61, with Select $2.03 higher to $366.29. USDA’s Federally inspected cattle slaughter for Tuesday was estimated at 106,000 head, taking the total to 203,000 head for the week. That is up 1,000 h... Read more
Barchart · Tue Aug 18, 4:30PM CDT
Lean hog futures rounded out the Tuesday session with contracts down $1 to $1.77 at the close. USDA’s national base hog price was reported at $93.52...
Barchart · Tue Aug 18, 4:30PM CDT
Live cattle futures closed the Tuesday session with contracts 15 to 90 cents higher on the day. Cash trade has been quiet so far this week, with a few...
Walsh Trading · Tue Aug 18, 3:37PM CDT
WALSH PURE SPREADER - Pure Hedge Division
Walsh Trading · Tue Aug 18, 2:53PM CDT
Buying Opportunity in the Soybean Oil - Selling Opportunity in the Cattle Markets
Barchart · Tue Aug 18, 12:48PM CDT
Live cattle futures have weakened, but this is not a story of expanding cattle supplies. Larger near-term feedlot inventories are pressuring prices, while...
Barchart · Tue Aug 18, 12:16PM CDT
Lean hog futures are trading with contracts falling $1.35 to $2.12. USDA’s national base hog price was reported at $94.37 on Tuesday morning, up $2.69...
Barchart · 1 hour ago
Southern Copper is drawing attention, with its outperformance of the S&P 500 so far this year, and shares up almost 30%, driven by record second-quarter...
Barchart · Tue Aug 18, 4:30PM CDT
Lean hog futures rounded out the Tuesday session with contracts down $1 to $1.77 at the close. USDA’s national base hog price was reported at $93.52...
Barchart · Tue Aug 18, 4:30PM CDT
The wheat complex was mixed on Tuesday, with the spring wheat market holding up and winter wheats on the weaker side. Chicago SRW contracts was mixed,...
Barchart · Tue Aug 18, 4:30PM CDT
Soybeans fell from the intraday highs on Tuesday, with contracts closing fractionally to 6 cents higher, as September was down ¼ cent. The cmdtyView national...
Barchart · Tue Aug 18, 4:30PM CDT
Cotton futures posted mixed trade on the Tuesday session, with contracts down 35 points to as much as 25 points higher at the close. Crude oil was up $0.6477...
Barchart · Tue Aug 18, 4:30PM CDT
Corn futures posted mixed trade on Tuesday, with contracts closing as much as 1 ¾ lower to a penny higher across the board. The CmdtyView national average...
Barchart · Tue Aug 18, 4:30PM CDT
Live cattle futures closed the Tuesday session with contracts 15 to 90 cents higher on the day. Cash trade has been quiet so far this week, with a few...
Barchart · Tue Aug 18, 4:07PM CDT
L3Harris ousts CEO Christopher Kubasik and names Sam Mehta as new chief executive. Here’s what the leadership change really means for LHX shares.