Latest news with #LiveCattle
Yahoo
17 hours ago
- Business
- Yahoo
Cattle Fall Back as Traders Square Up Ahead of USDA Reports on Friday
Live cattle futures posted losses of $1.22 to $1.35 at the close. Cash activity thus far has been limited so far this week, with some light $230-231 in the South. Other bids are $230 in the South and $235 in the North. The Thursday Fed Cattle Exchange online auction from Central Stockyards showed no sales on the 2,556 head offered and $226-231 bids. Feeder cattle futures were down $2.25 to $2.625 at Thursday's close. The CME Feeder Cattle Index was back down $1.26 to $326.18 on July 23. Export Sales data showed a total of 16,740 MT of beef sold in the week of 7/17, nearly double the same week last year. South Korea was the top buyer of 9,000 MT, with 2,400 MT to Japan. Shipments improved 21.68% to 12,525 MT. Japan was the top destination of 3,600 MT with 3,500 MT to South Korea. More News from Barchart Coffee Prices Underpinned by Frost Concerns in Brazil Cocoa Prices Jump on Fears of Tighter Supplies Prospects of Higher Indian Sugar Exports Weigh on Prices Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Cattle on Feed data will be released on Friday, with June placements expected to be down 2% from a year ago and marketings seen 3.6% below June 2024. July 1 on feed inventory is estimated to be down 0.8% from last year. USDA Wholesale Boxed Beef prices were back higher in the Thursday PM report, narrowing the Chc/Sel spread to $21.09. Choice boxes were quoted $0.57 higher at $368.09, while Select was up $1.61 to $347.00. USDA estimated cattle slaughter for Thursday at 117,000 head, with the week to date total at 448,000. That was down 10,000 head from last week and 35,058 head lower vs. the same week in 2024. Aug 25 Live Cattle closed at $225.800, down $1.225, Oct 25 Live Cattle closed at $222.150, down $1.350, Dec 25 Live Cattle closed at $222.650, down $1.250, Aug 25 Feeder Cattle closed at $328.900, down $2.625, Sep 25 Feeder Cattle closed at $329.650, down $2.250, Oct 25 Feeder Cattle closed at $328.350, down $2.300, 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
4 days ago
- 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
Yahoo
4 days ago
- Business
- Yahoo
Cattle Futures Sneak Into New Life of Contract Highs
Live cattle futures are up $.95 to $1.35 per cwt. as we head into midday on Monday. Nearby August has traded above last week's high of $224.55, setting a new all time high on the continuation charts as well as the daily. August was still up $1.35 last week despite a Friday pullback. Friday's preliminary open interest suggested some long liquidation, down 2,335 contracts. Cash trade on Friday saw KS at $230-231 and $240-242 northern action. Feeder cattle posted losses of $1 to $1.50 on Friday, with August down $1.32 on the week. Like the cattle, they are higher at midday on Monday, by $1.60 to $1.67 in the active front months. CME Feeder Cattle Index was back up 11 cents to $322.28 on July 17. Commitment of Traders data from CFTC showed managed money increasing their record net long in feeder cattle futures and options as of July 15 by just 79 contracts to 37,569 contracts. Spec funds added back another 4,063 contracts to their net long in live cattle by July 15 to 132,486 contracts. More News from Barchart What is Watson Watching in the Grains Sector this Week? Soybean Meal Prices Are Rebounding. How Much Higher Can They Go? Brazil Coffee Harvest Pressures Hammer Prices Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. USDA Wholesale Boxed Beef prices were mixed in the Monday AM report. Choice boxes were quoted $1.42 lower at $372.13, while Select was quoted $0.04 higher than Friday at $351.53. Cattle supplies are still limited, so the main question continues to be whether consumers will pay up. USDA estimated cattle slaughter last week at 563,000 head. That was down 5,000 head from last week and 26,374 head lower vs. the same week in 2024. Aug 25 Live Cattle are at $224.925, up $1.375, Oct 25 Live Cattle are at $221.350, up $1.525, Dec 25 Live Cattle are at $221.575, up $1.775, Aug 25 Feeder Cattle are at $326.750, up $2.750 Sep 25 Feeder Cattle are at $327.000, up $2.800 Oct 25 Feeder Cattle are at $325.100, up $2.800 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
7 days ago
- Business
- Yahoo
Cattle Fade Lower into the Weekend
Live cattle were lower on Friday as contracts pulled off midday lows to close with 12 to 70 cent losses. August was still up $1.35 this week. Cash trade was light this week, with trade picked up in KS at $230-231 and $240-242 northern action. Feeder cattle posted losses of $1 to $1.50 on Friday, with August down $1.32 on the week. CME Feeder Cattle Index was back up 11 cents to $322.28 on July 17. Commitment of Traders data from CFTC showed managed money increasing their record net long in feeder cattle futures and options as of July 15 by just 79 contracts to 37,569 contracts. Spec funds added back another 4,063 contracts to their net long in live cattle by July 15 to 132,486 contracts. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Cocoa Prices Plunge as Global Cocoa Demand Wanes Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! USDA Wholesale Boxed Beef prices were mixed in the Friday afternoon report. Choice boxes were up $0.27 to $375, while Select was quoted $2.35 lower at $351.49/cwt. USDA estimated cattle slaughter this week at 563,000 head. That was down 5,000 head from last week and 26,374 head lower vs. the same week in 2024. Aug 25 Live Cattle closed at $223.550, down $0.125, Oct 25 Live Cattle closed at $219.825, down $0.500, Dec 25 Live Cattle closed at $219.800, down $0.700, Aug 25 Feeder Cattle closed at $324.000, down $1.000, Sep 25 Feeder Cattle closed at $324.200, down $1.225, Oct 25 Feeder Cattle closed at $322.300, down $1.375, 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
7 days ago
- Business
- Yahoo
Cattle Fading onto the Weekend
Live cattle futures are easing back on Friday, with contracts down 57 cents to $1.07, as August is still being held up by cash. Cash trade has been light this week, with light trade picked up in KS at $230-231 and $240-242 northern action. The Central Stockyears Fed Cattle Exchange online auction showed $230 sales on 396 of the 792 head listed. Feeder cattle are falling $1.65 to $2 at the midday part of the session. The CME Feeder Cattle Index was back up 26 cents to $322.17 on July 16. USDA Wholesale Boxed Beef prices were mixed in the Friday morning report, with the Chc/Sel spread widening back to $21.21. Choice boxes (600-900 lb) were down $0.77 to $374.05, while Select was quoted $1.00 lower at $352.84/cwt. USDA estimated cattle slaughter for Thursday at 115,000 head, with the weekly total at 458,000. That was 20,053 head lower vs. the same weekly total in 2024. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Dollar Strength Sparks Long Liquidation Pressures in Coffee Futures Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Aug 25 Live Cattle are at $223.100, down $0.575, Oct 25 Live Cattle are at $219.300, down $1.025, Dec 25 Live Cattle are at $219.425, down $1.075, Aug 25 Feeder Cattle are at $323.350, down $1.650 Sep 25 Feeder Cattle are at $323.700, down $1.725 Oct 25 Feeder Cattle are at $321.750, down $1.925 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
