Latest news with #BoxedBeef
Yahoo
2 days ago
- Business
- Yahoo
Cattle Rally Pushes to Thursday
Live cattle futures posted $2.45 t $2.90 gains across most contracts on Thursday. There were no deliveries issued for August live cattle on Wednesday. Cash trade has yet to kick off this week outside of the $237 in Wednesday's FCE. Feeder cattle futures continued to push higher on Thursday, as contracts were $3.62 to $6.07 higher, extending to new highs. The CME Feeder Cattle Index was up 76 cents to $336.97 on August 6. Beef Export Sales data showed a total of 15,921 MT in sales during the week of 7/31, nearly double the previous week. Shipments were 14,049 MT, a 4-week high. More News from Barchart Coffee Prices Settle Lower on Tariff Woes Tariff Turmoil Weighs on Coffee Prices The Bullish Cattle Stampede Rumbles On. Here's What to Watch Next After Record Cattle Highs. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! USDA Wholesale Boxed Beef prices continue to see buying ahead of the Labor Day run later this month, with the Chc/Sel spread at $25.19. Choice boxes were up $4.08 at $378.94, while Select was $2.39 higher to $353.75. USDA estimated cattle slaughter for Thursday at 115,000 head, with the weekly total at 447,000 head. That was up 6,000 head from last week but 34,910 head lower vs. the same week in 2024. Aug 25 Live Cattle closed at $238.750, up $2.450, Oct 25 Live Cattle closed at $232.225, up $2.575, Dec 25 Live Cattle closed at $233.625, up $2.900, Aug 25 Feeder Cattle closed at $348.650, up $3.625, Sep 25 Feeder Cattle closed at $349.625, up $5.400, Oct 25 Feeder Cattle closed at $348.475, up $6.075, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
2 days ago
- Business
- Yahoo
Cattle Look to Extend Rally on Thursday, as Beef Posting a Rebound
Live cattle futures continue to ride the bull train, closing with Wednesday gains of another $2 to $2.60. There were no deliveries issued for August live cattle on Wednesday. Cash trade has been quiet this week. The Central Stockyards Fed Cattle Exchange online auction showed $237 sales in TX on 479 head of the 1,558 head offered. Feeder cattle futures rallied another $3.97 to $4.70 on Wednesday. The CME Feeder Cattle Index was up 18 cents to $336.21 on August 5. USDA Wholesale Boxed Beef prices continued to post a rebound in the Wednesday afternoon report, with the Chc/Sel spread at $23.50. Choice boxes were up $4.92 at $374.86, while Select was $5.42 higher to $351.36. USDA estimated cattle slaughter for Tuesday at 116,000 head, with the weekly total at 332,000 head. That was down 1,000 head from last week and 28,722 head lower vs. the same week in 2024. More News from Barchart Coffee Prices Settle Lower on Tariff Woes The Bullish Cattle Stampede Rumbles On. Here's What to Watch Next After Record Cattle Highs. Tariff Turmoil Weighs on Coffee Prices Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Aug 25 Live Cattle closed at $236.300, up $2.025, Oct 25 Live Cattle closed at $229.650, up $2.550, Dec 25 Live Cattle closed at $230.725, up $2.575, Aug 25 Feeder Cattle closed at $345.025, up $3.975, Sep 25 Feeder Cattle closed at $344.225, up $4.675, Oct 25 Feeder Cattle closed at $342.400, up $4.575, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Cattle Rally Continues on Wednesday
Live cattle futures are continuing to rally to new all time highs with contracts up $1.15 to $1.82. There were no deliveries issued for August live cattle on Tuesday. Cash trade has been quiet this week. The Central Stockyards Fed Cattle Exchange online auction showed $237 sales in TX on 479 head of the 1,558 head offered. Feeder cattle futures are rallying another $3.47 to $3.95 at midday. The CME Feeder Cattle Index was back up 21 cents to $336.03 on August 4. USDA Wholesale Boxed Beef prices continued to post a rebound in the Wednesday morning report, with the Chc/Sel spread at $23.17. Choice boxes were up $4.04 at $373.98, while Select was $4.87 higher to $350.81. USDA estimated cattle slaughter for Tuesday at 115,000 head, with the weekly total at 216,000 head. That was down 5,000 head from last week and 22,589 head lower vs. the same week in 2024. More News from Barchart Arabica Coffee Prices Sharply Higher on Brazil Coffee Crop Concerns Arabica Coffee Supported by Dry Conditions in Brazil Can Sugar Break Out from Its Bearish Trend? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Aug 25 Live Cattle are at $235.425, up $1.150, Oct 25 Live Cattle are at $228.750, up $1.650, Dec 25 Live Cattle are at $229.975, up $1.825, Aug 25 Feeder Cattle are at $344.525, up $3.475 Sep 25 Feeder Cattle are at $343.500, up $3.950 Oct 25 Feeder Cattle are at $341.675, up $3.850 On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
02-08-2025
- Business
- Yahoo
Cattle Post Recovery on Friday
Live cattle futures posted gains across most contracts, with 50 cent to $2.35 gains in the nearbys, with August carrying the load. First Notice day is on Monday. August was up $3.65 this week. Cash trade has picked up this week to $235-236 in the South, up $3 to $5 from last week, as Northern trade reported at $247, up $2. The Friday morning Fed Cattle Exchange online auction from Central Stockyards showed $245 sales in IA and CO, with $235 sales in TX. Feeder cattle futures closed out the Friday session gaining some steam back after the Thursday losses, with contracts up $1.67 to $3.20. August was $3.20 higher on the week. The CME Feeder Cattle Index was up another 98 cents to $335.89 on July 31. Managed money trimmed back 3,150 contracts from their net long position as of 7/29, taking it to 128,509 contracts as of Tuesday according to CFTC data. Spec funds were cutting back 2,680 contracts from their previous record net long to 35,126 contracts. More News from Barchart Brazil Tariff Risks Underpin Arabica Coffee Prices Coffee Prices Plunge as Supply Concerns Ease Cocoa Prices Settle Sharply Higher on Supply Woes Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! USDA Wholesale Boxed Beef prices were mixed again in the Friday afternoon report, with the Chc/Sel spread widening back out to $22.72. Choice boxes were up $1.90 at $364.22, while Select was 87 cents lower to $340.50. USDA estimated cattle slaughter for this week at 535,000 head. That was down 14,000 head from last week and 57,526 head lower vs. the same week in 2024. Aug 25 Live Cattle closed at $230.125, up $2.350, Oct 25 Live Cattle closed at $223.675, up $0.525, Dec 25 Live Cattle closed at $224.425, up $0.500, Aug 25 Feeder Cattle closed at $334.575, up $3.200, Sep 25 Feeder Cattle closed at $333.925, up $2.375, Oct 25 Feeder Cattle closed at $331.850, up $1.675, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-07-2025
- Business
- Yahoo
Cattle Rallies to New Life of Contract Highs
Live cattle futures posted gains of $1.67 to $1.95 at the Monday close. Cash trade on Friday saw KS at $230-231 and $240-242 northern action. Feeder cattle futures were up $3.50 to $3.70 on te session. The CME Feeder Cattle Index was back up $3.52 to $325.80 on July 18. Monday's OKC feeder cattle online auction showed 4,500 head sold, with prices listed $4-8 higher. Feeder heifers were listed steady to $3 lower, with calves up $5-10. USDA Wholesale Boxed Beef prices were mixed in the Monday PM report. Choice boxes were quoted $1.48 lower at $372.07, while Select was down $1.44 at $350.05. USDA estimated cattle slaughter for Monday at 105,000 head. That was down 7,000 head from last week and 8,887 head lower vs. the same week in 2024. More News from Barchart Brazil Coffee Harvest Pressures Hammer Prices Left for Dead, Grain Market Bulls Now Have a Pulse Brazil Coffee Harvest Pressures Slam Coffee Prices Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Aug 25 Live Cattle closed at $225.225, up $1.675, Oct 25 Live Cattle closed at $221.625, up $1.800, Dec 25 Live Cattle closed at $221.750, up $1.950, Aug 25 Feeder Cattle closed at $327.600, up $3.600, Sep 25 Feeder Cattle closed at $327.700, up $3.500, Oct 25 Feeder Cattle closed at $325.975, up $3.675, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
