Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Never miss an Options trading signal: Unusual Options Activity and Options Screeners with Barchart Premier. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or
Live Cattle Pit Dec '23 (LCZ23)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CME]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Live Cattle (Pit) Futures Market News and Commentary

Triple Digit Turnaround Tuesday for Cattle

After hitting new lows for the move, live cattle futures rallied back $2.87 to $4.20 across the nearbys. The Feb contract was $1 off the session high, but still up by $4. Feeder cattle also bounced back with 3.8% gains of as much as $8.25. Cash trade remains mostly unestablished with some Monday sales near $175. USDA reported 5.7k head of feeder cattle were sold in the OKC Auction Review, as prices were +/- $3, though heifer calves were up $4-8. The CME Feeder Cattle Index for 11/27 was $226.96, down by $3.42. 

USDA had Wholesale Boxed Beef prices were mixed in the afternoon update, with Choice up by 92 cents and Select $1.45 weaker. The ribs were shown as $569.04 and $460.10 respectively. Federally Inspected cattle slaughter was listed at 125k head for Tuesday bringing the WTD total to 248k. That compares to 251k head last week and 255k during the same week last year. 

 

Dec 23 Cattle  closed at $171.650, up $2.875,

Feb 24 Cattle  closed at $172.825, up $4.0... Read more

Contract Specifications

See More
Contract
Live Cattle [Pit]
Contract Size
40,000 pounds
Tick Size
0.00025 per pound ($10.00 per contract)
Trading Hours
8:30a.m. - 1:02p.m. CST
Exchange
CME
Point Value
$400
Expiration Date
12/29/23 (30 days)

Seasonal Chart

Live Cattle Pit Dec '23
Average Price Chart for 5 Prior Pit Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
168.775 +1.70%
on 11/27/23
184.675 -7.05%
on 11/02/23
-10.575 (-5.80%)
since 10/27/23
3-Month
168.775 +1.70%
on 11/27/23
191.825 -10.52%
on 09/15/23
-14.000 (-7.54%)
since 08/28/23
52-Week
162.375 +5.71%
on 12/06/22
191.825 -10.52%
on 09/15/23
+8.850 (+5.44%)
since 11/28/22

More Live Cattle (Pit) Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Cattle Gets A Bounce After Hitting 61.8% Target

The break from 177.30 not only hit the short term target of the 173.22 major Gann square, but went on to complete the long term target of 61.8% at 168.25

LEZ23 : 171.650s (+1.70%)
ZCZ23 : 450-6 (unch)
ZSH24 : 1365-6 (+0.07%)
Hogs Rally Triple Digits on Tuesday

Hogs recovered after the Thanksgiving week’s losses, closing Tuesday 1.2% to 3.2% in the black. Feb futures were $2.10 higher. USDA’s National Average Base Hog price was down another $0.42 to $58.43...

HEZ23 : 68.925s (+1.55%)
HEJ24 : 75.000s (+1.87%)
KMZ23 : 80.975s (+1.86%)
Triple Digit Turnaround Tuesday for Cattle

After hitting new lows for the move, live cattle futures rallied back $2.87 to $4.20 across the nearbys. The Feb contract was $1 off the session high, but still up by $4. Feeder cattle also bounced back...

LEZ23 : 171.650s (+1.70%)
LEG24 : 172.825s (+2.37%)
LEJ24 : 174.875s (+2.46%)
GFF24 : 221.050s (+3.88%)
GFH24 : 223.500s (+3.33%)
Shootin' the Bull about seeking direction.

Futures traders will spend countless dollars trying to outguess the cash markets direction.  Because I don't think the cattle market knows itself about direction,

Tuesday Gains for Hog Futures

Lean hog futures are currently $0.40 to $1 in the black for a net $1.17 recovery after Thanksgiving week’s losses. USDA’s National Average Base Hog price was down another $1.52 to $59.40. The CME Lean...

HEZ23 : 68.925s (+1.55%)
HEG24 : 69.025s (+3.14%)
KMZ23 : 80.975s (+1.86%)
Cattle Rallying for Turnaround Tuesday

After hitting new lows for the move, live cattle are rebounding triple digits with Feb up by 2.6%. Most of Monday’s action was compiling showlists, with a few $175 cleanup sales reported in the South....

LEZ23 : 171.650s (+1.70%)
LEG24 : 172.825s (+2.37%)
LEJ24 : 174.875s (+2.46%)
LEY00 : 177.000s (unch)
GFF24 : 221.050s (+3.88%)
GFH24 : 223.500s (+3.33%)
Spec Traders Shown With Net Short in Feeder Cattle

Live cattle futures tried to rebound at the Monday open, but contracts ended the day with $1.47 to $2.82 losses. Most of Monday’s action was compiling showlists, with a few $175 cleanup sales reported...

LEZ23 : 171.650s (+1.70%)
LEG24 : 172.825s (+2.37%)
LEJ24 : 174.875s (+2.46%)
GFF24 : 221.050s (+3.88%)
GFH24 : 223.500s (+3.33%)
Hogs Head Lower to Start New Week

Hogs saw losses of 62 cents to $1.85 on Monday, with December the exception, up 30 cents. USDA’s National Average Base Hog price was reported at an average price of $58.85 in the Monday PM report on...

HEZ23 : 68.925s (+1.55%)
HEJ24 : 75.000s (+1.87%)
KMZ23 : 80.975s (+1.86%)
Hogs Head Lower to Start New Week

Hogs saw losses of 62 cents to $1.85 on Monday, with Dec the exception, up 30 cents. USDA’s National Average Base Hog price was reported at an average price of $58.85 in the Monday PM report on light...

HEZ23 : 68.925s (+1.55%)
HEJ24 : 75.000s (+1.87%)
KMZ23 : 80.975s (+1.86%)
Cattle Selling Continues on Monday

Live cattle futures tried to rebound at the open, contracts ended the day with $1.47 to $2.82 losses. of today’s action is compiling showlists, with a few $175 cleanup sales reported in the South on...

LEZ23 : 171.650s (+1.70%)
LEG24 : 172.825s (+2.37%)
LEJ24 : 174.875s (+2.46%)
GFF24 : 221.050s (+3.88%)
GFH24 : 223.500s (+3.33%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Strong Signal Strength.

Key Turning Points

3rd Resistance Point 171.650
2nd Resistance Point 171.650
1st Resistance Point 171.650
Last Price 171.650s
1st Support Level 171.650
2nd Support Level 171.650
3rd Support Level 171.650

See More

52-Week High 191.825
Fibonacci 61.8% 180.575
Fibonacci 50% 177.100
Fibonacci 38.2% 173.625
Last Price 171.650s
52-Week Low 162.375

See More

by Barchart
Solutions for Ag Professionals barchart.com/cmdty
Data and Statistics for Meats
Explore Data
cmdtyView Pro for Livestock Professionals
Start Free Trial
We help Ag Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar