Schwieterman
Schwieterman: The wait is almost over, USDA report at midday
Live cattle closed steady to modestly lower on Thursday, with some light cash trade surfacing steady to $2.00 lower than week ago tops.
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Schwieterman: Corn's 3-day streak drives losses for feeder cattle
Feeder cattle futures posted triple digit losses in the front three trading months on Wednesday. Overnight trade has been two sided, with a slightly weaker bias.
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Schwieterman: Feeder cattle futures sharply lower, corn higher
Friday’s grain reports are expected to be market movers for both grain and the feeders. Some additional profit taking is possible ahead of the 11:00 am release.
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Schwieterman: No indication corn is done heading lower
Live cattle futures closed narrowly mixed on Monday, as open interest continues to build in this complex. Show lists are mixed, with larger numbers in Texas the most significant change.
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Schwieterman: New buying interest supports feeder cattle
Feeder cattle continued to find new buying interest on Friday, in spite of the lower live cattle trade.
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Schwieterman: Projected lower beef production supports market
The February live cattle finished the week slightly lower despite the likelihood of higher cash cattle trade.
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Schwieterman: Weak corn keeps floor under feeder cattle
Feeder cattle futures closed modestly lower in the front three months on Wednesday, with deferred contracts settling modestly higher.
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Schwieterman: Feeder cattle futures drop, live cattle pressured
Live cattle futures saw some pressure into the close on Thursday, with closing prices off .52-.95 out thru the August contract.
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Schwieterman: Live cattle futures reach contract highs, end lower
Feeder cattle futures finally posted a negative close after nine days and 10.00 in gains. The reversal on Tuesday saw the January contract trade 2.70 off of session highs and close 2.05 lower for the day.
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Schwieterman: Corn market drifts in low volume trade
March corn is approaching the bottom of the trading range.
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Schwieterman: Feeder cattle futures extend streak to six days
Feeder cattle futures closed moderately higher on Wednesday for their sixth consecutive positive close.
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- New animal identification rules aid disease traceability
- Former Eastern Livestock CEO, CFO sentenced for federal crimes
- Drought losses in Oklahoma top $400 million for 2012
