Live Cattle Dec '17 (LEZ17)
Price PerformanceSee More
|Period||Period Low||Period High||Performance|
| || |
+2.525 (+2.10%)since 11/29/17
| || |
+7.750 (+6.72%)since 09/29/17
| || |
+22.325 (+22.18%)since 12/29/16
More Live Cattle QuotesAll Futures
Brugler reportGet the Newsletter
Live cattle futures ended the day with most contracts $1.35 to $1.775 lower, as nearby Feb was down 65 cents. Feeder cattle futures were down $2.00 to $3.35 in most contracts. The CME feeder cattle index was up 12 cents on February 20 at $147.99. Wholesale boxed beef values were higher on Wednesday afternoon. Choice boxes were up $1.45 at $217.37, with Select boxes $1.52 higher at $211.92. Estimated weekly FI cattle slaughter was 324,000 head through Wednesday. That is down 18,000 from the previous week and 5,000 head fewer than the same week last year. There was light cash trade reported on Wednesday of $128. Analysts are estimating that Friday’s USDA Cattle on Feed report will show January placements of 1.989 million head, up 0.4% from last year. January marketings are seen at 6% larger than 2017 at 1.855 million head.Feb 18 Cattle closed at $129.650, down $0.650,Apr 18 Cattle closed at $126.225, down $1.500,Jun 18 Cattle closed at $117.050, down $1.775,Mar 18 Feeder Cattle closed at $146.650, down $3.150Apr 18 Feeder Cattle closed at $149.100, down $3.350May 18 Feeder Cattle closed at $150.050, down $3.000
Most Recent StoriesMore News
We got the pull back we were looking for today, is it time to start buying again?
Only time will tell.
Live Cattle Update
Grain market traders are struggling with dryness in Argentina causing crop stress and the head winds of producers needing to price cash contracts before the first notice day in March futures. The rally...
Highly Accurate Technical Analysis for AG Professionals and Industrial Users of Soy Byproducts
Cattle futures look likey they may be running out of gas.
Trend is getting stronger
As I type furiously away
Bullish upside is expected.
Grains start the week on firm footing going into March option expiration.