Live Cattle Dec '23 (LEZ23)
Live Cattle Futures Market News and Commentary
Live cattle futures closed the Friday session with contracts down 40 cents to $1.02, as June was $7.77 on the week. Cash trade got kicked off early again this week, starting at $250-252 across the country and working up to $256-257 on Wednesday. Feeder cattle futures posted losses of 40 cents to $1.35 on Friday, fading back from the early session strength, as August was up $10.40 this week. The CME Feeder Cattle Index was up $1.56 to $374.03 on April 30.Â
Managed money increased their net long in live cattle futures and options by 1,796 contracts in the week ending on April 28, taking it to 136,591 contracts. In feeder cattle futures/options spec funds cut back 1,676 contracts from their net long to 17,089 contracts.
Wholesale Boxed Beef prices were lower in the Friday afternoon report, with the Chc/Sel at $2.06. Choice boxes were down 41 cents to $389.11, while Select was $1.12 lower at $388.05. USDA estimated federally inspected cattle slaughter for this week at 534,00... Read more
Barchart · 37 minutes ago
Lean hog futures posted losses of 62 cents to $1.67 at the Friday close, with June slipping 62 cents on the week. USDA’s national base hog price was...
Barchart · 37 minutes ago
Live cattle futures closed the Friday session with contracts down 40 cents to $1.02, as June was $7.77 on the week. Cash trade got kicked off early again...
Walsh Trading · 59 minutes ago
Cattle rallies to all-time high and gives it away
ONE44 Analytics · Fri May 1, 1:46PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Swift Trading Company · Fri May 1, 1:41PM CDT
All industry participants spread themselves thinner in projected negative margins between sectors traded, as spreads between beef and cattle widened, and...
Barchart · 36 minutes ago
Cotton futures closed the Friday session with contracts up 89 to 199 points higher, as July was up 483 points for the week. December was up 398 points....
Barchart · 36 minutes ago
Lean hog futures posted losses of 62 cents to $1.67 at the Friday close, with June slipping 62 cents on the week. USDA’s national base hog price was...
Barchart · 36 minutes ago
Corn futures posted gains of 1 ¼ to 5 ½ cents across the board on Friday, with May rallying 13 ¼ cents on the week. December was 14 ½ cents higher...
Barchart · 36 minutes ago
Live cattle futures closed the Friday session with contracts down 40 cents to $1.02, as June was $7.77 on the week. Cash trade got kicked off early again...
Barchart · 36 minutes ago
The wheat complex closed Friday with most exchanges higher. Chicago SRW futures saw steady to 5 cent higher trade, as May was 16 ¼ cents in the green...
Barchart · 36 minutes ago
Soybeans futures closed the Friday session with 5 ¾ to 12 ¾ cent gains, as May was 24 cents higher this week. November was up 27 cents on the week. The...
Barchart · Fri May 1, 3:38PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.29%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index...
Barchart · Fri May 1, 2:53PM CDT
Multiple analysts dramatically raised their price targets on Seagate after earnings.
