Live Cattle Dec '24 (LEZ24)
Live Cattle Futures Market News and Commentary
Live cattle futures saw weakness across the board on Monday, down $1.87 to $4.32 at the close. Cash trade was quiet on Monday, with most compiling showlists. Feeder cattle futures were lower, with losses of $1.17 to $5.37 on the day. The CME Feeder Cattle Index was down another $2.53 on August 21 to $338.47. Monday’s weekly OKC feeder cattle auction had 3,324 head sold, with sales on feeders down $4-10 on steers, with some down $15 and $2-8 lower on heifers. Imports from Mexico resumed today via the Douglas, AZ port.
NASS Crop Progress data showed the US pasture rating at 21% gd/ex, down 2 with the week prior. The Brugler500 index fell 4 points to 252.
Monday’s Cold Storage report showed beef stocks at 382.71 million lbs at the end of July, which was down 3.79% from last year and 1.59% below last month.
USDA’s Cattle on Feed report showed July placement dropping 11.01% from a year ago at 1.422 million head, well below estimates. July marketings were down 7.38% to... Read more
Barchart · Mon Aug 24, 4:53PM CDT
Live cattle futures saw weakness across the board on Monday, down $1.87 to $4.32 at the close. Cash trade was quiet on Monday, with most compiling showlists....
Barchart · Mon Aug 24, 4:53PM CDT
Lean hog futures were weaker at the Monday close, with contracts steady to 37 cents lower, as October was up 25 cents. USDA’s national base hog price...
Walsh Trading · Mon Aug 24, 4:28PM CDT
Hogs move to upper end of recent trading range
Walsh Trading · Mon Aug 24, 2:23PM CDT
Hedge Plans for Corn Soybean and Wheat
Barchart · Mon Aug 24, 12:21PM CDT
Live cattle futures are down 67 cents in nearby August, with other contracts down $5 to $5.75 on Monday. Cash trade has picked up a few at $355-360 dressed...
Barchart · 4 minutes ago
With analysts raising their price targets and AI security demand accelerating, CrowdStrike has plenty of momentum heading into Q2.
Barchart · 19 minutes ago
Despite Monday's strong rally in Corn, the Coffee market was still in the spotlight early Tuesday morning.
Barchart · 32 minutes ago
Equifax has underperformed the broader market over the past year, and analysts remain somewhat bullish about the stock’s prospects.
Barchart · 34 minutes ago
Selling put options before a company's earnings announcement can be a valid strategy for options traders seeking to capitalize on higher than normal volatility....
Barchart · 57 minutes ago
September S&P 500 E-Mini futures (ESU26) are up +0.47%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.94% this morning as chipmakers rebounded,...
Barchart · Mon Aug 24, 11:23PM CDT
Monolithic Power’s outperformance has been hard to miss, and analyst sentiment remains decidedly favorable.
Barchart · Mon Aug 24, 6:30PM CDT
Treasuries have reclaimed the yield advantage, with fewer than 4% of S&P 500 stocks now yielding more than the 10-year Treasury (near 4.69%), compared...
Barchart · Mon Aug 24, 4:53PM CDT
Soybeans were under pressure from bean oil on Monday, with contracts down 4 to 15 ½ cents across most months, led by the nearbys. The cmdtyView national...