Below you'll find a list of all posts that have been tagged as “feeder cattle futures”
Technical signals clearly show live cattle and feeder cattle futures heavily oversold, but a correction could be a slow process. Even though cattle and feeder cattle futures are the most oversold so far this year now, as we end the week, managed money traders holding long positions have been throwing in the towel here late week, pushing August live cattle …
Superior Livestock’s biggest sale of the year kicked off yesterday. It’s their week-long week in the Rockies. They expect over 240,000 head of cattle, calves, and bred-stock offered before the gavel comes down Friday afternoon, so it’s a good market test. We watched August Live Cattle and August Feeder Cattle. Both have followed a similar price path. Both reached their …
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 …
Expanded daily trading limits for live cattle and feeder cattle futures could make the convergence on the June futures very interesting about a month from now. CME announced late week that daily limits for live cattle will increase to $8.50 starting June 1st, $10.75 for feeder cattle on the same day. June live cattle started the week yesterday about $10 below the current cash …
More headlines showing up, wondering if these Iranian rumors and elsewhere headlines across the world setting a commodity trap, especially in the live cattle and feeder cattle trade. We take a look at where the live cattle and feeder cattle futures might find some solid support. Big declines here late week and early week, trying to stabilize August live cattle rolling from June to …
Weather coming in like a lion in many areas around the country, but so is the cattle trade, keeping an eye on live cattle and feeder cattle. Big sell-off late last week, many suggesting month-end selling. Strike potentially at Greeley, Colorado plant, and we understand that grievance is not all about money there. And when you add the Tyson plants, set-downs and slow-downs at …
NCBA Convention Begins in Nashville as Cattle Markets Hold Key Levels The NCBA Convention and Trade Show kicks off today in Nashville, drawing nearly 9,000 cattlemen and women from across the country. The annual event brings together producers, industry leaders, and agribusiness professionals for policy discussions, educational sessions, and one of the largest cattle-focused trade shows in the nation. This …
Cattle on Feed and Cold Storage Reports Support Cattle Markets Cattle markets continue to find underlying support as tightening supplies and steady red meat demand shape expectations heading into spring. The latest monthly Cattle on Feed Report, combined with insights from the monthly Cold Storage Report, reinforces a constructive outlook for both the cash cattle market and futures trade. As …
