Below you'll find a list of all posts that have been tagged as “cattle market outlook”
Markets are closed tomorrow for the Juneteenth government holiday, as are banks and post offices. As a result, USDA is releasing the monthly cattle on feed report after the close today. Average trade estimates generally agree the total number of cattle on feed will be up one to two percent, but there is nowhere near consensus on the number of …
Expanded trading limits for live cattle and feeder cattle went into effect on Monday, and although limits have not been tested this week, live cattle and feeder cattle continue under pressure. We look at August live cattle, major support now. We think coming in around 2.33, 2.32. August has hit near that level twice since the 1st of April and …
Bottom Line analysts join others suggesting we may see increased cattle placements and increased cattle numbers in the on-feed report this afternoon. Current estimates show total cattle on feed in April could be up two, two and a half percent this afternoon. Placements during April up seven, maybe eight percent. That would be the first month-over-month increase in placements in over two years. Cattle …
Live Cattle and Lean Hog Futures Face Pressure Near Recent Highs As the week comes to a close, traders are closely watching live cattle futures and lean hog futures, with signs that buyers may be losing momentum after pushing prices to recent highs. Live Cattle Futures React to Argentina Trade Deal In the live cattle market, attention is turning to …
We’re keeping an eye on live cattle and feeder cattle futures as markets move into the second half of the month, and momentum remains firmly in place. Managed money fund traders have not slowed down their buying activity, continuing to provide strong underlying support for the cattle complex. In live cattle, speculative positioning has reached notable levels. Live cattle net …
