Schwieterman: Live cattle futures closed sharply higher on Tues.
Live cattle futures closed sharply higher on Tuesday, with the spot June contract finishing limit higher for the session. The strength in the futures market actually moved June to premium to last weeks’ cash trade for the first time in recent months. FULL STORY »
Monday Market Sentiment: Choice primal rib, boxed beef burn it up
After making huge strides in the past couple weeks, the 5-area cash cattle price leveled off to $149.18, down slightly from the previous week’s price of $149.31. FULL STORY »
Monday Market Sentiment: Choice primal rib continues to set fire
The 5-area cash cattle price made significant jumps from the previous week’s price of $145.72, hitting $149.31 on Monday. FULL STORY »
Schwieterman: Feeder cattle futures led beef complex selloff Wed.
Feeder cattle futures led the selloff in the beef complexes on Wednesday, opening lower and closing near session lows. The decline came in spite of stronger cash and new lows for the move in the corn futures. FULL STORY »
Schwieterman: Feeder cattle futures scored new highs again Tues.
Feeder cattle futures scored new highs again on Tuesday, rejecting an early selloff effort to close with triple digit gains above the 205.00 level on all the 2014 contracts. FULL STORY »
Monday Market Sentiment: Choice primal rib smokes previous week
After a steady decline, cattle prices are up, moving the 5-area cash cattle price from $144.25 in the previous week to $145.72. FULL STORY »
Schwieterman: Feeder cattle futures closed moderately higher Fri.
Feeder cattle futures closed moderately higher on Friday and the lead August contract was 4.15 higher for the week. Friday’s recovery in the corn market appears to be short lived, with overnight trade off 6-7 cents. FULL STORY »
Feeder Cattle Review: Stars continue to line-up for feeder cattle
Compared to last week, feeder and stocker cattle sold 1.00-6.00 higher (mostly 3.00-5.00 higher) with many auction markets that were closed during Memorial Day quoted a full 10.00 higher than two weeks ago. FULL STORY »
Cattle Outlook: Feeder cattle contracts cracked the $200 ceiling
Feeder cattle contracts cracked the $200 ceiling this week with August through November contracts ending above $200/cwt. The August feeder cattle contract ended the week at $200.53/cwt, up $3.48 for the week. The September feeder cattle contract settled at $200.87, up $2.75 from the previous Friday. FULL STORY »
Gearing up for summer grazing
A quick look at prices in cattle and beef sectors reveals tremendous gains (the same can be written for hogs and pork). Just last week John Anderson highlighted the record setting pace of retail prices in this particular publication series. FULL STORY »
Schwieterman: Live cattle futures closed sharply higher on Thurs
Live cattle futures closed sharply higher on Thursday, with the August contract gaining more than 2.00 on its’ settlement. FULL STORY »