Back to News
investment

Cattle Look to New Month of Trade

Barchart
Loading...
3 min read
0 likes
⚡ Quantum Brief
Live cattle futures fell sharply Friday, with April contracts dropping $9.77 for the week, closing at $232.225. Cash trade settled at $383 dressed in the North and $243-244 live nationwide. Feeder cattle futures also declined, with March contracts down $12.60 for the week, ending at $355.425. The CME Feeder Cattle Index fell 38 cents to $372.79 on February 26. Managed money increased net long positions in live cattle by 2,296 contracts (total 119,013) and feeder cattle by 1,356 contracts (total 18,162) as of February 24. Wholesale boxed beef prices rose Friday, with Choice up $1.95 to $379.84 and Select up $3.52 to $374.31, narrowing the Choice/Select spread to $5.53. USDA reported federally inspected cattle slaughter at 516,000 head, unchanged from the prior week but 52,747 below the same period last year.
AI Audio Summary
0:00 / 0:00
Click to play
generated-image (61).png
Quantum News · Media Library

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Cattle Look to New Month of Trade March 02, 2026 — 10:48 am EST Written by Austin Schroeder for Barchart-> Live cattle futures posted $2 to $4.70 losses on Friday as April was $9.77 lower on the week. Open interest showed April down 4,063 contracts, with the rest of the board rising 5,179 contracts. Cash trade settled in at $383 dressed in the North, with $243-244 live across the country. Feeder cattle futures closed Friday with contracts falling $6.22 to $8.10, as March was $12.60 lower last week. The CME Feeder Cattle Index was down another 38 cents to $372.79 on February 26.Weekly CFTC data from Friday showed a total of 2,296 contracts added to the managed money net long position as of Tuesday to 119,013 contracts. In feeder cattle futures and options, specs added 1,356 contracts to their net long as of 2/24 to 18,162 contracts. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.

Wholesale Boxed Beef prices were higher in the Friday afternoon report, with the Chc/Sel spread narrowing to $5.53. Choice boxes were up $1.95 to $379.84, while Select was $3.52 higher to $374.31. USDA estimated last week’s federally inspected cattle slaughter at 516,000 head. That is even with last week and 52,747 head below than the same week last year. Feb 26 Live Cattle closed at $244.000, down $2.000,Apr 26 Live Cattle closed at $232.225, down $4.675,Jun 26 Live Cattle closed at $229.150, down $4.250,Mar 26 Feeder Cattle closed at $355.425, down $6.225,Apr 26 Feeder Cattle closed at $351.200, down $7.550,May 26 Feeder Cattle closed at $347.200, down $8.100, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Barchart With headquarters in the heart of Chicago's financial district, Barchart has been an industry-leader since 1995 when we launched Barchart.com as one of the first websites for commodities and futures market data. Since then, we have evolved into a global financial technology leader providing market data and services to the global financial, media, and commodity industries. More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

Read Original

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.