Live Cattle Cash (LEY00)
Live Cattle Futures Market News and Commentary
Live cattle futures are trading with contracts 45 cents to $1.125 higher. USDA picked up cash trade at $232-233, with some up to $235. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,054 head offered and a few bids of $228. Feeder cattle futures are continuing the gains out of the Monday collapse, with contracts $1.42 to $2.07 higher. The CME Feeder Cattle Index was back down 22 cents on July 29 to $347.69.
Wholesale Boxed Beef prices were higher in the Friday morning report. Choice boxes were up $1.03 at $361.53, with Select $5.82 higher to $347.15. USDA’s Federally inspected cattle slaughter for Thursday at 102,000 head, with the weekly total at 407,000 head. That is down 4,000 head from the previous week and 36,144 head below the same week last year.
Aug 26 Live Cattle are at $232.350, up $1.125,
Oct 26 Live Cattle are at $227.900, up $0.450,
Dec 26 Live Cattle are at $227.550, up $0.825,
Aug 26 Feeder Cattle are at $347... Read more
Swift Trading Company · Fri Jul 31, 2:38PM CDT
What appears to be taking place is the transition from the bull market to maybe a bear market.
Barchart · Fri Jul 31, 12:32PM CDT
Live cattle futures are trading with contracts 45 cents to $1.125 higher. USDA picked up cash trade at $232-233, with some up to $235. The Thursday Fed...
Barchart · Fri Jul 31, 12:32PM CDT
Lean hog futures are back up 47 cents to $1.32 so far on Friday. USDA’s national base hog price was reported at $100.49 on Friday morning, down 3 cents...
Barchart · Fri Jul 31, 7:37AM CDT
Lean hog futures were down $2.05 to $3 across the board on Thursday. Open interest was down 7,202 contracts. USDA’s national base hog price was reported...
Barchart · Fri Jul 31, 7:37AM CDT
Live cattle futures posted $1.42 to $3.47 gains across the board at Thursday’s close. Open interest was down 844 contracts. USDA picked up cash trade...
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