Live Cattle Aug '24 (LEQ24)
Live Cattle Futures Market News and Commentary
Live cattle futures closed with contracts 27 cents to $2 higher at the close, as April was up $5.57 for the week. Cash trade saw some light trade at $246 in the South early this week with some northern action near $250 this morning. Feeder cattle futures posted gains of $1.62 to $2.32 at the Friday close, with April $1.25 higher on the week. The CME Feeder Cattle Index was back up $2.57 to $366.67 on April 9.Â
CFTC data from this afternoon showed managed money at a net long of 133,265 contracts in live cattle futures and options as of April 7, a 9,523 contract increase on the week. Specs in Feeder cattle futures and options added just 91 contracts to their net long to 20,202 contracts.
Wholesale Boxed Beef prices were lower in the Friday afternoon report, with the Chc/Sel still at an inverted 44 cents. Choice boxes were down 19 cents to $380.90, while Select was 23 cents lower at $381.34. USDA estimated federally inspected cattle slaughter this week at 512,000 head. That... Read more
Sidwell Strategies Sat Apr 11, 9:56AM CDT
Higher fuel costs threaten consumer demand
Walsh Trading Fri Apr 10, 9:33PM CDT
Cattle markets end week strong
ONE44 Analytics Fri Apr 10, 6:19PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Barchart Fri Apr 10, 5:34PM CDT
Lean hog futures posted losses of 37 to 60 cent losses in most contracts on Friday, as April was an exception, up a nickel. June was down 75 cents on the...
Barchart Fri Apr 10, 5:34PM CDT
Live cattle futures closed with contracts 27 cents to $2 higher at the close, as April was up $5.57 for the week. Cash trade saw some light trade at $246...
Blue Line Futures Fri Apr 10, 3:41PM CDT
Here’s a look at how things shook out to round out the week, including a look at fund positioning and seasonal tendencies for grain and livestock markets...
Barchart 5 minutes ago
Visa is scheduled to release its fiscal second-quarter earnings next month, and analysts project a double-digit profit growth.
Barchart 10 minutes ago
Earnings season kicks into gear this week with banks and tech stocks taking center stage. This week we have Bank of America, Taiwan Semiconductor, JP Morgan,...
Barchart 44 minutes ago
June S&P 500 E-Mini futures (ESM26) are down -0.62%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.64% this morning, pointing to a lower open...
Barchart Mon Apr 13, 12:07AM CDT
American Electric Power is ready to report its fiscal first-quarter earnings soon, and analysts project a single-digit profit boost.
Barchart Mon Apr 13, 12:04AM CDT
Essex Property is slated to release its first-quarter results later this month, and analysts forecast a marginal drop in its bottom-line figure.
Barchart Mon Apr 13, 12:00AM CDT
Edison International is scheduled to report its fiscal first-quarter results later this month, with analysts expecting double-digit earnings growth.
Barchart Sun Apr 12, 11:57PM CDT
Equity Residential is all set to post its FY2026 Q1 earnings in the near term, and analysts are anticipating its bottom line to rise in the single digit....
Barchart Sun Apr 12, 11:42PM CDT
American Tower Corporation is set to report its first-quarter results later this month, with analysts expecting a modest, single-digit decline in earnings....
