Back to News
investment

Cattle Look to Wednesday Bouncing on Tuesday

Barchart
Loading...
3 min read
0 likes
⚡ Quantum Brief
Live cattle futures rose 70 cents to $1.02 at Tuesday’s close, reversing recent declines, while open interest fell by 2,358 contracts. Cash trades from last week ranged from $239–$244, with no new activity reported this week. Feeder cattle futures declined slightly, dropping up to 20 cents, as the CME Feeder Cattle Index fell $2.23 to $369.59. Open interest also dropped by 904 contracts, signaling reduced market participation. Wholesale boxed beef prices increased, with Choice cuts up $6.71 to $388.05 and Select rising $0.37 to $378.58. The Choice/Select spread widened to $9.47, reflecting stronger demand for premium grades. USDA estimated Tuesday’s federally inspected cattle slaughter at 109,000 head, bringing the weekly total to 211,000—6,000 below the prior week and 14,835 under the same period last year. April live cattle contracts led gains, closing at $234.125 (+$1.025), while feeder cattle contracts saw modest losses, with March contracts down $0.075 to $357.20.
AI Audio Summary
0:00 / 0:00
Click to play
generated-image (60).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 Wednesday Bouncing on Tuesday March 04, 2026 — 01:40 pm EST Written by Austin Schroeder for Barchart-> Live cattle futures saw gains of 70 cent to $1.02 at the Tuesday close. Preliminary open interest was down 2,358 contracts. Cash trade was late last week, with Southern action at $244 and Northern sales from $239-243. Nothing has been reported so far this week. Feeder cattle futures were steady to 20 cents in the red on Tuesday. OI was down 904 contracts. The CME Feeder Cattle Index was down another $2.23 to $369.59 on March 2.

Wholesale Boxed Beef prices were higher in the Tuesday afternoon report, with the Chc/Sel spread widening to $9.47. Choice boxes were up $6.71 to $388.05, while Select was $0.37 higher to $378.58. USDA estimated federally inspected cattle slaughter for Tuesday at 109,000 head, with the week to date total at 211,000 head. That is 6,000 head below the previous week and 14,835 head shy of the same week last year. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Apr 26 Live Cattle closed at $234.125, up $1.025,Jun 26 Live Cattle closed at $230.675, up $1.025,Aug 26 Live Cattle closed at $228.900, up $0.725,Mar 26 Feeder Cattle closed at $357.200, down $0.075,Apr 26 Feeder Cattle closed at $353.300, down $0.025,May 26 Feeder Cattle closed at $349.350, down $0.125, 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.