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Cattle futures closed mostly higher Friday, ahead of the monthly Cattle on Feed report which turned out to be market friendly (see below). Live Cattle futures were an average of 28¢ higher, except for unchanged and 10¢ lower in two contracts. Feeder Cattle futures were an average of $1.34 higher. Week to week on [...]

Cattle futures softened Thursday on likely profit taking and weaker wholesale beef prices. Depending on the projections considered, analysts peg September placements about 8-9% less year over year with September marketings down about 7% for  an on-feed inventory Oct. 1 about even. Toward the close, Live Cattle futures were an average of 52¢ lower [...]

Cattle futures crawled higher Tuesday, supported by last week’s stronger negotiated cash fed cattle prices and optimism about further gains this week. Keep in mind that the monthly Cattle on Feed report is due out Friday. Toward the close, Live Cattle futures were an average of $1.39 higher. Feeder Cattle futures were an average [...]

Cattle futures continued mostly higher on Monday, led by Feeder Cattle and supported by last week’s stronger negotiated cash fed cattle prices. Toward the close, Live Cattle futures were an average of 22¢ higher, except for an average of 15¢ lower in the front three contracts. Feeder Cattle futures were an average of $1.43 [...]

Cattle futures gained on Friday, helped by stronger cash fed cattle prices and continued weakness in Corn. Live Cattle futures were an average of $1.46 higher. Feeder Cattle futures were an average of 73¢ higher, except for 5¢ lower in looming Nov. Negotiated cash fed cattle trade was moderate on good demand in the [...]

Cattle futures gained on Thursday, helped by the early promise shown in cash fed cattle trade. Toward the close, Live Cattle futures were an average of $1.77 higher. Feeder Cattle futures were an average of $3.78 higher. Negotiated cash fed cattle trade was limited on light demand in Nebraska through Thursday afternoon, according to [...]

Cattle futures were mostly lower Wednesday, awaiting the week’s negotiated cash fed cattle direction. Toward the close, Live Cattle futures were an average of 84¢ lower. Feeder Cattle futures were an average of $1.86 lower, except for 12¢ higher in the back contract. Negotiated cash fed cattle trade was inactive on light demand in [...]

Cattle futures were mixed on Monday, mostly retaining the previous session’s strong gains. Toward the close, Live Cattle futures were an average of 31¢ higher, except for unchanged to an average of 39¢ lower in the front three contracts. Feeder Cattle futures were an average of 38¢ lower. Negotiated cash fed cattle trade was [...]

Cattle futures rallied on Friday as Corn futures tanked on USDA’s latest production estimates (see below). Live Cattle futures closed an average of $2.73 higher. Feeder Cattle futures were an average of $7.09 higher. Week to week on Friday, Feeder Cattle futures closed an average of $10.29 higher and Live Cattle futures closed an [...]

Cattle futures weakened on Thursday as traders eyed softer wholesale beef values, volatile outside markets and waited for the weeks cash fed cattle price direction. Toward the close, Live Cattle futures were an average of 85¢ lower, except for 30¢ higher in spot Oct. Feeder Cattle futures were an average of $2.40 lower, except [...]

Cattle futures took a breather on Wednesday with likely profit taking from the previous day’s rally. Toward the close, Live Cattle futures were an average of 41¢ lower, except for an average of 22¢ higher in three contracts. Feeder Cattle futures were an average of $1.22 lower. Negotiated cash fed cattle trade was inactive [...]

Cattle futures took a strong step higher Tuesday, buoyed by outside markets and the early-week increase in Choice wholesale beef values. There could also have been some knee-jerk reaction to President Trump’s executive order to waive penalties and defer taxes for highway use of red-dye diesel for the remainder of the year, but plenty [...]

Cattle futures continued lower on Monday, with last week’s wobbly cash fed cattle prices and lower wholesale beef values. Toward the close, Live Cattle futures were an average of $1.34 lower. Feeder Cattle futures were an average of $1.96 lower. Negotiated cash fed cattle trade was inactive on light demand in the North through [...]

Cattle futures weakened Friday, with sharply lower week-end wholesale beef prices and wobbly negotiated cash fed cattle prices. Live Cattle futures were an average of $2.05 lower. Feeder Cattle futures were an average of $4.74 lower. Week to week on Friday, Live Cattle futures closed an average of 71¢ lower, except for 32¢ higher [...]

Cattle futures held their own on Thursday, despite sluggish negotiated cash fed cattle trade and a step lower in wholesale beef values. Toward the close, Live Cattle futures were an average of 58¢ higher. Feeder Cattle futures were an average of $1.84 higher. Negotiated cash fed cattle trade was moderate on good demand in [...]