Live Cattle Oct '27 (LEV27)
Live Cattle Futures Market News and Commentary
Live cattle futures are down $1.02 to $1.30 at midday. Cash was picked up last week at $403 dressed in the north, with live trade at $255-256. Southern trade was $255. Feeder cattle futures are up 17 to $1.27 lower. The CME Feeder Cattle Index was back down $1.52 on July 3 to $371.11.Â
The weekly NASS Crop Progress report showed the US pasture rating at 33% gd/ex, down 1% from the week prior. The Brugler500 index was up 3 points to 288.
Managed money in live cattle futures and options trimmed back their net long by 6,722 contracts to 119,303 contracts as of last Tuesday. CFTC data showed spec funds in feeder cattle and futures cutting 163 contracts from their net long to 15,064 contracts.
Wholesale Boxed Beef prices were higher in the Tuesday morning report, with the Chc/Sel spread at $17.42. Choice boxes were up $1.30 at $387.78, with Select $4.49 higher to $370.36. USDA’s federally inspected cattle slaughter for Monday was estimated at 10,000 head. That was down... Read more
Barchart · 35 minutes ago
Lean hog futures are down a quarter to $2.02 so far on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to thin trade....
Barchart · 35 minutes ago
Live cattle futures are down $1.02 to $1.30 at midday. Cash was picked up last week at $403 dressed in the north, with live trade at $255-256. Southern...
Barchart · 1 hour ago
I joined Michelle Rook on Markets Now to analyze whether recent grain market rallies are driven by genuine commercial demand or just short-term fund activity....
Barchart · Tue Jul 7, 7:27AM CDT
Live cattle futures were mixed, with August down 12 cents and the rest of the board up 12 to 55 cents. Open interest was up 1,342 contracts. Cash was picked...
Barchart · Tue Jul 7, 7:27AM CDT
Lean hog futures were mixed on Monday, with contracts down 50 cents to 90 cents higher at the close. Open interest was up 1,652 contracts on Monday, mainly...
Barchart · Mon Jul 6, 5:17PM CDT
Lean hog futures were mixed on Monday, with contracts down 50 cents to 90 cents higher at the close. USDA’s national base hog price was not reported...
Barchart · 2 minutes ago
Today, there has been large and unusual put option activity in Johnson & Johnson (JNJ) after the stock's recent rise. The puts are out-of-the-money (OTM),...
Barchart · 5 minutes ago
Oracle’s AI spending has rattled investors, but Piper Sandler believes the market is overlooking a $2.2 billion cloud growth opportunity.
Barchart · 36 minutes ago
Cotton futures are up 138 to 245 points so far on Tuesday. The outside markets are mixed, as Crude oil is up $1.87, with the US dollar index up $0.155....
Barchart · 36 minutes ago
Soybeans are mixed at midday, with front months up 2 to 9 cents, led by thin July, as new crop November is down a penny. There were 26 deliveries issued...
Barchart · 36 minutes ago
Lean hog futures are down a quarter to $2.02 so far on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to thin trade....
Barchart · 36 minutes ago
The wheat complex is mixed so far on Tuesday. Chicago SRW contracts are mixed, with contracts down 1 to 2 cents higher. There were 3 deliveries against...
Barchart · 36 minutes ago
Live cattle futures are down $1.02 to $1.30 at midday. Cash was picked up last week at $403 dressed in the north, with live trade at $255-256. Southern...
Barchart · 36 minutes ago
Corn futures are trading with fractional to 2 cent gains so far on Tuesday, pulling off early weakess. There were another 9 deliveries issued against July...