Brett Crotts
Schwieterman: Strong nearby corn futures take feeder cattle lower
Live cattle futures closed sharply lower on Tuesday, as the April contract failed to follow through after making new highs for the move.
FULL STORY »
Schwieterman: Cattle futures higher as new money enters market
Live cattle futures were moderately higher on Monday, supported by sharply higher cutouts and steady show lists with a week ago.
FULL STORY »
Schwieterman: Stronger cash trade supports live cattle futures
Feeder cattle futures settled moderately lower on Friday and as much as 1.10 off of session highs.
FULL STORY »
Schwieterman: Moisture provides strength to cash cattle trade
Live cattle futures closed narrowly mixed on Thursday, but have firmed in overnight trade, following a $4.00 increase in packer spending by midafternoon.
FULL STORY »
Schwieterman: Sell off in corn market pushed feeders higher
Feeder cattle futures closed modestly higher on Wednesday, supported by higher fats and a late day sell off in the corn market.
FULL STORY »
Schwieterman: Cattle futures rally, move moderately higher
Feeder cattle futures posted modest gains across the board on Tuesday, climbing nearly 2.00 off of session lows posted in early morning trade.
FULL STORY »
Schwieterman: Sequester, budget cuts weigh on market
Feeder cattle futures closed modestly lower on Monday and appear to be gaining downside momentum in overnight trade. Cash index levels tumbled 1.48 on Monday, posting their lowest average since the 8th on August.
FULL STORY »
Schwieterman: Cattle futures post gains, Corn in a downtrend
Feeder cattle futures posted moderate gains on Friday, ahead of the monthly on feed report. For the week, April feeders were down 2.85 but remain 3.30 premium to the current cash index.
FULL STORY »
Schwieterman: Cash cattle trade subdued by winter storm
Live cattle futures closed mixed on Thursday, with February up.20 and deferred contracts moderately lower. Cash trade has been subdued by the winter storm and an unwillingness of either side to cave in.
FULL STORY »
Schwieterman: More losses for cattle futures
Live cattle futures closed with triple digit losses on Wednesday, as liquidation of positions in many markets was the theme of the day.
FULL STORY »
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.
FULL STORY »
