Back to News
investment

Cattle Look to Tuesday Trade

Nasdaq
Loading...
3 min read
1 views
0 likes
Cattle Look to Tuesday Trade

Summarize this article with:

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 Tuesday Trade October 01, 2024 — 10:16 am EDT Written by Austin Schroeder for Barchart-> Live cattle futures closed out the Monday session with contracts a tick to 72 cents higher. Cash trade rounded out last week with sales of $184-185 in the South, up $1-2 on the week. Northern sales were in a range of $186-187. Feeder cattle futures were down 80 cents to $1.27 on the day, pressured by gains in corn. The CME Feeder Cattle Index was back up $1.71 at $247.24 on September 27. The weekly OKC Feeder Cattle auction is estimated to have had 6,200 head for sale on Monday, above last year but slightly below last year. Sales of steers were $3-8 higher, with heifers up $4. USDA wholesale Boxed Beef prices were higher in the Monday PM report. Choice boxes were up $1.39 to $298.08/cwt, with Select $245 higher @ $284.53. The Chc/Select spread narrowed to $13.55. USDA estimated Monday’s federally inspected cattle slaughter at 119,000 head. That is 1,000 head above the previous Monday but 4,125 head below the same Monday last year.Oct 24 Live Cattle closed at $183.775, up $0.025,Dec 24 Live Cattle closed at $184.800, up $0.325,Feb 25 Live Cattle closed at $185.850, up $0.300,Oct 24 Feeder Cattle closed at $246.200, down $0.875, Nov 24 Feeder Cattle closed at $244.900, down $0.800,Jan 25 Feeder Cattle closed at $238.775, down $0.825, 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