Live Cattle Dec '19 (LEZ19)
Live Cattle Futures Market News and Commentary
Front month live cattle futures closed the day mostly lower with losses limited to 70 cents. August fats were 32 cents higher. Feeder cattle futures fell back by 52 to $1.32 in the front months. The August 5 CME Feeder Cattle index was $140.79, which was another 19 cents stronger. USDA reported limited cash sales activity in the WCB at $103 and $163 for live weight and dressed respectively. Cash sales were not reported in the South on Thursday, the bulk of activity the week so far has been near $100. Beef export sales with data from USDA’s weekly report were just 13,400 MT. That was down 55% wk/wk and 40% below the same week last year. Mexico purchased 1,700 MT of beef for delivery during 2021. The week’s shipments were 3.4% below the same week last year, with destinations primarily South Korea and Japan. Wholesale boxed beef prices were stronger in the PM update. Choice was up $1.09 to $204.66 cwt. And Select boxes were $192.01 after a $1.19 bump. The WTD cattle slaughter under fed... Read more
- The North American Ag Report 8:30 a.m. Update For 8/6/20 Plus Corn Chart
Dec Corn Chart Showing cycle due 9/9/20 The following trades are hypothetical. Past results are not a guaranty of future results. NOTE: Computer reverses...
- Daily Livestock Commentary
How high can cattle go? Are hogs near a bottom?
- TFM Sunrise Update Aug 6, 2020
grains weaker overnight despite further weakness in the dollar. Cattle and Hog calls mixed
- December Live Cattle - Quant Analysis
There is no EASY in trading but GENUINE QUANT trading is certainly close !
- The North American Ag Report 8:30 a.m. update for 8/5/20
The following trades are hypothetical. Past results are not a guaranty of future results. NOTE: Computer reverses position when trend following stop...
- Trade moderates after corn posts new lows
Trade moderates after corn posts new lows