Live Cattle Oct '15 (LEV15)
Live Cattle Futures Market News and Commentary
Live cattle futures posted gains of 85 cents to $1.72 across the board on Tuesday. Cash trade was at $232-233 last week, with a few at $235. Trade has been quiet so far despite early bids near $233 on Monday. Feeder cattle futures were back up 35 cents to $3.60 at the close. The CME Feeder Cattle Index was back up $2.24 on August 3 to $349.13. The Monday OKC feeder cattle auction showed 2,662 head sold, with prices listed $5-10 higher on steers and +$5-15 on heifers. Calves were steady on steers, with heifer calves up $10-15.
NASS Crop Progress data showed the US pasture rating at 25% gd/ex, dropping 4% from the week prior. The Brugler500 index fell 11 points to 259.
Census data converted to a carcass basis shows beef exports in June at 199 million lbs, the lowest June total since 2020 but a 3-month high.
Wholesale Boxed Beef prices were higher in the Tuesday afternoon morning report. Choice boxes were up $2.92 at $369.65, with Select $2.05 higher to $346.50. USDA... Read more
Barchart · Tue Aug 4, 5:09PM CDT
Live cattle futures posted gains of 85 cents to $1.72 across the board on Tuesday. Cash trade was at $232-233 last week, with a few at $235. Trade has...
Barchart · Tue Aug 4, 5:09PM CDT
Lean hog futures posted Tuesday gains of 32 to 62 cents at the close. USDA’s national base hog price was reported at $99.65 on Tuesday afternoon, up...
Walsh Trading · Tue Aug 4, 4:24PM CDT
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Barchart · Tue Aug 4, 12:21PM CDT
Live cattle futures are 50 to 75 cents higher so far. Cash trade was at $232-233 last week, with a few at $235. Trade has been quiet so far despite early...
Barchart · Tue Aug 4, 12:21PM CDT
Lean hog futures are 20 to 55 cents higher across most contracts on Tuesday. USDA’s national base hog price was reported at $99.43 on Tuesday morning....
Barchart · Tue Aug 4, 6:30PM CDT
Howmet Aerospace raised its quarterly dividend by 16.7% to $0.14 per share on July 27, reflecting strong free cash flow and confidence in the ongoing aerospace...
Barchart · Tue Aug 4, 5:09PM CDT
Live cattle futures posted gains of 85 cents to $1.72 across the board on Tuesday. Cash trade was at $232-233 last week, with a few at $235. Trade has...
Barchart · Tue Aug 4, 5:09PM CDT
Lean hog futures posted Tuesday gains of 32 to 62 cents at the close. USDA’s national base hog price was reported at $99.65 on Tuesday afternoon, up...
Barchart · Tue Aug 4, 5:09PM CDT
Soybeans were pressured by weaker products, crude and a wetter forecast on Tuesday, with contracts steady in some deferreds to down 15 cents in the nearbys....
Barchart · Tue Aug 4, 5:09PM CDT
Corn futures closed out the Tuesday session falling lower, down 2 to 7 cents across most contracts at the close. Crude oil, down $5.20, added pressure....
Barchart · Tue Aug 4, 5:09PM CDT
The wheat complex was under pressure on Tuesday, with the three markets falling lower. Chicago SRW contracts were 11 to 14 cents in the red. KC HRW futures...
Barchart · Tue Aug 4, 5:09PM CDT
Cotton futures were down 8 to 22 points in the front months with other contracts, up 2 to 40 points. Crude oil was down $5.20 per barrel, with the US dollar...
Barchart · Tue Aug 4, 3:44PM CDT
As prediction markets shake up sports betting, Michael Burry is betting the odds will swing back in DraftKings' favor.