live

Live and Feeder Cattle Reports

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 …

CME

CME Changing Daily Limits For Cattle Trade

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 …