Schwieterman
Schwieterman: Heavy snow to limit cattle feed conversion
Feeder cattle futures closed moderately lower on Tuesday and are under additional pressure in overnight trade. Overnight corn values are near steady as we write, with no clear direction from Tuesday’s price action.
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Schwieterman: Cattle futures close moderately higher Friday
Live cattle futures closed moderately higher on Friday, with April actually posting modest weekly gains, after a rough start to the week and weaker cash.
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Schwieterman: Feeder cattle futures post major turnaround
The March corn made its 10th consecutive lower close yesterday, but is finally seeing some strength in the overnight trade and the market has taken out the previous two day’s highs.
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Schwieterman: Moderate cash cattle trade at $123, feeders down
Feeder cattle futures posted another day of 200 point losses, with new sellers remaining on the rise. Open interest jumped another 995 contracts as the market moved to new contract lows out thru the May contract.
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Schwieterman: Feeder cattle futures pressured lower
Feeder cattle futures traded to limit lower levels by midsession on Tuesday, before recovering more than half of the move.
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Schwieterman: News of a drop in corn lifts feeder cattle futures
Deferred feeder cattle futures contracts were boosted by ideas that corn prices are expected to drop dramatically as the year progresses.
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Schwieterman: Feeder cattle futures disappoint, corn falls too
Feeder cattle futures finished a disappointing week on Friday, with March off 2.20 for the day and 3.82 for the week.
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Schwieterman: Feeder cattle futures, corn prices fall
The March corn made a new low for the move overnight and yesterday the December corn fell to a multi-month low.
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Schwieterman: Cash index fails to keep up with cattle futures
Feeder cattle futures posted triple digit losses on Wednesday, as cash index levels have failed to keep up with enthusiastic futures contracts.
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Schwieterman: Cattle futures mixed, corn futures see strong gains
Feeder cattle futures settled mixed on Wednesday, with modest gains in the March, while deferred contracts were moderately to sharply lower.
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Schwieterman: Cattle futures lower, cash trade could take shape
The March corn made a new high for move overnight and pushed through the $7.35 resistance.
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