Live Cattle Oct '22 (LEV22)
Live Cattle Futures Market News and Commentary
Live cattle futures saw weakness across the board on Monday, down $1.87 to $4.32 at the close. Open interest was up 1,226 contracts on Monday, mainly in the deferreds, as October dropped 1,449 contracts. Cash trade was quiet on Monday, with most compiling showlists. Feeder cattle futures were lower, with losses of $1.17 to $5.37 on the day. The CME Feeder Cattle Index was down another $2.53 on August 21 to $338.47. Monday’s weekly OKC feeder cattle auction had 3,324 head sold, with sales on feeders down $4-10 on steers, with some down $15 and $2-8 lower on heifers. Imports from Mexico resumed today via the Douglas, AZ port. On Monday, USDA announce they will open a second port crossing in 30 days.
NASS Crop Progress data showed the US pasture rating at 21% gd/ex, down 2 with the week prior. The Brugler500 index fell 4 points to 252.
Monday’s Cold Storage report showed beef stocks at 382.71 million lbs at the end of July, which was down 3.79% from last year and 1.59% bel... Read more
Barchart · 1 hour ago
Live cattle futures saw weakness across the board on Monday, down $1.87 to $4.32 at the close. Open interest was up 1,226 contracts on Monday, mainly...
Barchart · 1 hour ago
Lean hog futures were weaker at the Monday close, with contracts steady to 37 cents lower, as October was up 25 cents. Open interest was up 3,075 contracts....
Barchart · Mon Aug 24, 4:53PM CDT
Live cattle futures saw weakness across the board on Monday, down $1.87 to $4.32 at the close. Cash trade was quiet on Monday, with most compiling showlists....
Barchart · Mon Aug 24, 4:53PM CDT
Lean hog futures were weaker at the Monday close, with contracts steady to 37 cents lower, as October was up 25 cents. USDA’s national base hog price...
Walsh Trading · Mon Aug 24, 4:28PM CDT
Hogs move to upper end of recent trading range
Walsh Trading · Mon Aug 24, 2:23PM CDT
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The dollar index (DXY00 ) is down by -0.04% today. The dollar gave up an early advance today and turned lower on weaker-than-expected US economic news,...
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