Live Cattle Oct '23 (LEV23)
Live Cattle Futures Market News and Commentary
Live cattle futures posted 60 cent to $1.55 losses on the day. Open interest suggested modest new selling, up 3,403 contracts. Last week’s cash trade was mostly $220-222 late across the country. Nothing has been reported for this week. Feeder cattle futures were $1.10 to $1.97 lower at the close. OI was up 364 contracts. The CME Feeder Cattle Index was down another 17 cents on August 31 to $329.14.
Monday’s Crop Progress report showed the US pasture rating at 18% gd/ex, down 3 with the week prior. The Brugler500 index fell 7 points to 245.
Wholesale Boxed Beef prices were higher in the Tuesday afternoon report, with the Chc/Sel at $19.30. Choice boxes were up $3.93 at $379.75, with Select $1.96 higher to $360.45. USDA estimated the Tuesday Federally inspected cattle slaughter at 106,000 head, with the weekly total at 207,000 head. That is up 2,000 head from the previous week.
Oct 26 Live Cattle closed at $212.075, down $0.600,
Dec 26 Live Cattle closed at $... Read more
Barchart · 1 hour ago
Lean hog futures posted mixed Tuesday trade, with contracts down a tick to 25 cents and deferreds steady to 25 cents higher. Open interest was up 2,185...
Barchart · 1 hour ago
Live cattle futures posted 60 cent to $1.55 losses on the day. Open interest suggested modest new selling, up 3,403 contracts. Last week’s cash trade...
Barchart · Tue Sep 1, 5:08PM CDT
Lean hog futures posted mixed Tuesday trade, with contracts down a tick to 25 cents and deferreds steady to 25 cents higher. USDA’s national base hog...
Barchart · Tue Sep 1, 5:08PM CDT
Live cattle futures posted 60 cent to $1.55 losses on the day. Last week’s cash trade was mostly $220-222 late across the country. Nothing has been reported...
Walsh Trading · Tue Sep 1, 5:07PM CDT
WALSH PURE SPREADER - Pure Hedge Division
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Lean hog futures posted mixed Tuesday trade, with contracts down a tick to 25 cents and deferreds steady to 25 cents higher. Open interest was up 2,185...
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