by Brian Schad | Dec 16, 2015 | Cattle Futures, Livestock Futures
Live cattle futures ended the day lower after the USDA issued a statement saying “depressed prices are expected to carry into 2016.” Live cattle futures ended down $1.025 per pound today settling near $124.50 per CWT at the Chicago Mercantile Exchange. The pendulum...
by Brian Schad | Nov 10, 2015 | Cattle Futures, Livestock Futures
Cattle futures are all over the charts, and apparently all over the map as 150 cows have been recently loaded-up onto a Boeing 747 in Australia to be flown to China’s central interior for processing. Live cattle futures are down $3.10 per pound today currently trading...
by Brian Schad | Oct 13, 2015 | Cattle Futures, Livestock Futures
Cattle futures slid $25 from their June highs, but the $9 retreat may be signaling a beef price turnaround. Cattle futures are down .38 cents per pound currently trading at $137.20 (CWT) at the Chicago Mercantile Exchange. Feeder cattle has reportedly been trading at...
by Brian Schad | Sep 22, 2015 | Cattle Futures, Livestock Futures
Cattle futures have put on the brakes on a market near its 15-month lows as data is emerging showing the number of animals going to feedlots has spiraled to an all-time low. Cattle futures traded down $1.50 per CWT to settle near $138.25 at the Chicago Mercantile...
by Brian Schad | Aug 25, 2015 | Cattle Futures, Livestock Futures
Maybe cattle futures “down under” are lagging behind the US livestock market, but Australian cattle prices are hitting record highs as our domestic cattle market continues to slide from late last year’s highs. Feeder cattle futures for October delivery are trading...
by Brian Schad | Jul 29, 2015 | Cattle Futures, Feeder Cattle Futures, Livestock Futures
Cattle futures are said to be following their typical spring high to summer low trading pattern – albeit at much higher beef prices than just a few years ago – but there are signs prices can resume higher once the summer slump has passed. Feeder cattle...
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