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.
Jump-Start Your Search For Promising Trade Ideas With Barchart’s Top Stock Pick. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or
Live Cattle Oct '23 (LEV23)
[[ 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 Futures Market News and Commentary

Triple Digit Rally for Cattle Futures

The live cattle futures market ended the day with $1.42 to $2.67 gains and saw new all time highs of above $180. USDA confirmed Tuesday’s cash trade was $3-$5 higher with WCB sales near $190 and $288-$292 in the beef. The weekly FCE auction listed 1,282 head and sold 163 CO steers for $182. Feeder cattle slipped off their new LoC highs on Tuesday, but still ended the session $0.65 to $1.45 in the black. The CME Feeder Cattle Index for 6/2 was $216.12 after a sharp $8.08 increase.   

Wholesale Boxed Beef prices were higher on Tuesday as Choice was up by $7.21 and Select was $2.71 higher. USDA estimated Tuesday’s FI cattle slaughter at 125k head for a weekly running total of 246k. That is 3,000 behind the same week last year. 

 

Jun 23 Cattle  closed at $179.825, up $2.675,

Aug 23 Cattle  closed at $175.500, up $2.225,

Oct 23 Cattle  closed at $178.250, up $1.925,

Aug 23 Feeder Cattle  closed at $243.250, up $0.650

Sep 23 Feeder Cattle  closed... Read more

Contract Specifications

See More
Contract
Live Cattle
Contract Size
40,000 pounds
Tick Size
0.00025 per pound ($10.00 per contract)
Trading Hours
8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST
Exchange
CME
Point Value
$400
Margin/Maintenance
$1,760/1,600
First Notice Date
10/09/23 (125 days)
Expiration Date
10/31/23 (147 days)

Seasonal Chart

Live Cattle Oct '23
Average Price Chart for 5 Prior Oct Contracts

Commitment of Traders Positions as of May 30, 2023

View Chart Details
Commercials - Long / Short
89,705 (+361)
180,062 (+827)
Non-Commercials - Long / Short
151,401 (+223)
50,023 (+492)
Producers - Long / Short
34,777 (+991)
174,510 (+2,028)
Swap Dealers - Long / Short
51,430 (-333)
2,054 (-904)
Managed Money - Long / Short
117,813 (+1,174)
12,487 (-3,112)
Other Reportables - Long / Short
33,588 (-951)
37,536 (+3,604)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
163.500 +9.02%
on 05/08/23
178.575 -0.18%
on 06/06/23
+14.675 (+8.97%)
since 05/05/23
3-Month
159.500 +11.76%
on 03/22/23
178.575 -0.18%
on 06/06/23
+13.250 (+8.03%)
since 03/06/23
52-Week
150.325 +18.58%
on 07/06/22
178.575 -0.18%
on 06/06/23
+25.275 (+16.52%)
since 06/06/22

More Live Cattle Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Hogs Gapped Higher on Triple Digit Tuesday

Front month lean hog futures gapped higher and proceeded to rally as much as 4.96%. The July contract led the way and is back to a premium over the June contract. USDA’s PM National Average Base Hog...

HEM23 : 88.300s (+3.49%)
HEQ23 : 84.500s (+3.52%)
KMM23 : 90.400s (+2.73%)
Triple Digit Rally for Cattle Futures

The live cattle futures market ended the day with $1.42 to $2.67 gains and saw new all time highs of above $180. USDA confirmed Tuesday’s cash trade was $3-$5 higher with WCB sales near $190 and $288-$292...

LEM23 : 179.825s (+1.51%)
LEQ23 : 175.500s (+1.28%)
LEV23 : 178.250s (+1.09%)
GFQ23 : 243.250s (+0.27%)
GFU23 : 246.525s (+0.37%)
Grain Futures Prices Rally on Declining Crop Conditions

Grain futures prices rally on declining crop conditions. Hot and dry weather conditions throughout the Midwest continue to raise concerns over drought.

Shootin' the Bull about higher and higher cattle

Seemingly, the breaking of the consumers spending habit has been slow.  Gasoline prices remain elevated over diesel fuel, suggesting more consumer spending than business spending

Lean Hogs and the Rubber Band Disposition

The lean hog market has turned into a classic Rubber Band Disposition, with commercial and noncommercial interests moving in different directions.

HEY00 : 80.520s (+1.12%)
HEN23 : 88.325s (+4.96%)
HEV23 : 77.850s (+2.00%)
Hog Futures Rallying for Turnaround Tuesday

The lean hog market is up triple digits through midday led by a 3.95% gain in the July contract. The June contract has recovered nearly all of the drop since mid-May. USDA’s National Average Base Hog...

HEM23 : 88.300s (+3.49%)
HEQ23 : 84.500s (+3.52%)
KMM23 : 90.400s (+2.73%)
Cattle Rallying to New ATH

June cattle futures are $2.35 higher at midday, but briefly traded +$180 for a new all time high for the lead month contract. The other nearby futures are also triple digits stronger at midday. Feeder...

LEM23 : 179.825s (+1.51%)
LEQ23 : 175.500s (+1.28%)
LEV23 : 178.250s (+1.09%)
LEY00 : 171.000s (unch)
GFQ23 : 243.250s (+0.27%)
GFU23 : 246.525s (+0.37%)
Summer Hogs Pause Last Week’s Rally

June, July, and August hog futures took a step back on Monday led by a $1.40 drop in June. The back months extended the rally, ending the day with $0.57 to $1.10 gains. June hogs were still at an $11 premium...

HEM23 : 88.300s (+3.49%)
HEQ23 : 84.500s (+3.52%)
KMM23 : 90.400s (+2.73%)
June Cattle Enter Deliveries

CME reported no delivery notices on FND with the mostly positive basis; the oldest dated long was marked October 25th - there were still 16,056 contracts opened at the settle. Monday’s market worked...

LEM23 : 179.825s (+1.51%)
LEQ23 : 175.500s (+1.28%)
LEV23 : 178.250s (+1.09%)
GFQ23 : 243.250s (+0.27%)
GFU23 : 246.525s (+0.37%)
Livestock Report

Markets consolidate

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Maximum Signal Strength.

Key Turning Points

3rd Resistance Point 181.625
2nd Resistance Point 180.100
1st Resistance Point 179.175
Last Price 178.250s
1st Support Level 176.725
2nd Support Level 175.200
3rd Support Level 174.275

See More

52-Week High 178.575
Last Price 178.250s
Fibonacci 61.8% 167.783
Fibonacci 50% 164.450
Fibonacci 38.2% 161.116
52-Week Low 150.325

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