Live Cattle Oct '21 (LEV21)
Live Cattle Futures Market News and Commentary
Live cattle futures closed with Monday session with contracts 72 cents to $2.17 higher across the board, though most contracts were nearly $2 off the intraday highs. Cash trade was slow last week, sales creeping up to $258-260 across the country. Feeder cattle futures were $2.77 to $4.35 lower at the close. The CME Feeder Cattle Index was up $1.88 on June 19 to $370.56.Â
The weekly NASS Crop Progress report showed the US pasture rating at 33% gd/ex, up 1% from the week prior. The Brugler500 index was up 6 points to 286.
Managed money was adding back 15,347 contracts to their net long position in the week that ended on June 16, taking it to 124,349 contracts in live cattle futures and options. CFTC data showed specs in feeder cattle futures and options adding just 2,203 contracts to their net long to 13,123 contracts by Tuesday.Â
USDA Cattle on Feed data from Thursday afternoon showed May placements down 9.7% from a year ago and below estimate calling for a 5.5% dro... Read more
Barchart · Mon Jun 22, 5:07PM CDT
Live cattle futures closed with Monday session with contracts 72 cents to $2.17 higher across the board, though most contracts were nearly $2 off the intraday...
Barchart · Mon Jun 22, 5:07PM CDT
Lean hog futures were steady to 70 cents lower across the board on Monday. USDA’s national base hog price was reported at $97.77 on Monday afternoon,...
Swift Trading Company · Mon Jun 22, 2:47PM CDT
The spread between cattle and beef will become more interesting over the next several weeks as cattlemen will be in the midst of marketing large swaths...
ONE44 Analytics · Mon Jun 22, 12:20PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Barchart · Mon Jun 22, 12:19PM CDT
Live cattle futures are trading with 45 to 95 cent gains on Monday. Cash trade was slow last week, sales creeping up to $258-260 across the country. Feeder...
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Barchart · Mon Jun 22, 5:07PM CDT
Soybeans closed mixed on Monday, with most front months steady to down 7 cents. Deferred contracts were fractional to 1 ¼ cents in the green The cmdtyView...
Barchart · Mon Jun 22, 5:07PM CDT
The wheat complex were under pressure across the three markets to kick off the Monday session. Chicago SRW contracts were 6 to 8 1/4 cents in the red at...
Barchart · Mon Jun 22, 5:07PM CDT
Live cattle futures closed with Monday session with contracts 72 cents to $2.17 higher across the board, though most contracts were nearly $2 off the intraday...
Barchart · Mon Jun 22, 5:07PM CDT
Corn futures closed the Monday session with contracts down 2 ½ to 6 cents across the board. The CmdtyView national average Cash Corn price was down 5...
Barchart · Mon Jun 22, 5:07PM CDT
Lean hog futures were steady to 70 cents lower across the board on Monday. USDA’s national base hog price was reported at $97.77 on Monday afternoon,...