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Feeder Cattle Jan '25 (GFF25)

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Feeder Cattle Futures Market News and Commentary

Cattle Push Higher to Start the Week

Live cattle futures posted Monday gains of 72 cents to $1.55. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action today was mostly compiling showlists. Feeders continued to be the leaders with most contracts up $2.275 to $3.025, with Nov up 72 cents. The CME Feeder Cattle Index was up 31 cents at $252.62 on November 15. The weekly OKC feeder cattle auction has an estimated 8,000 head for sale today, which exceeds the same week last year and the previous week. Price action was listed as steady for feeders, with calves under 450lbs up $10.

USDA wholesale Boxed Beef prices were mixed in the Monday PM report. Choice boxes were up $3.94 to $307.28/cwt, with Select 69 cents lower @ $275.45. The Chc/Sel spread widened to $31.83. USDA estimated Monday’s federally inspected cattle slaughter at 118,000 head. That was 6,000 head above the previous Monday and 9,210 head from the same Monday last year.

Dec 24 Live Cattle  closed at $184.100, up $... Read more

Contract Specifications

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Contract
Feeder Cattle
Contract Size
50,000 pounds
Tick Size
0.00025 per pound ($12.50 per contract)
Trading Hours
8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST
Exchange
CME
Point Value
$500
Margin/Maintenance
$4,537/4,125
First Notice Date
01/30/25 (73 days)
Expiration Date
01/30/25 (73 days)

Seasonal Chart

Feeder Cattle Jan '25
Average Price Chart for 5 Prior Jan Contracts

Commitment of Traders Positions as of Nov 12, 2024

View Chart Details
Commercials - Long / Short
13,926 (+404)
11,933 (+616)
Non-Commercials - Long / Short
20,109 (-345)
16,326 (-282)
Producers - Long / Short
9,607 (-35)
9,302 (+539)
Swap Dealers - Long / Short
3,060 (+415)
1,372 (+53)
Managed Money - Long / Short
17,700 (-105)
6,619 (-1,056)
Other Reportables - Long / Short
2,409 (-240)
9,707 (+774)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
239.500 +4.18%
on 11/01/24
249.850 -0.14%
on 11/18/24
+4.000 (+1.63%)
since 10/18/24
3-Month
222.800 +11.98%
on 09/09/24
249.850 -0.14%
on 11/18/24
+16.950 (+7.29%)
since 08/16/24

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Most Recent Stories

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Pure Hedge - Livestock and Grain

Grain and Livestock Markets All Higher - Where will the Fats and Feeders Close on Friday

Hogs Stall

Hogs' slowdown as traders as the cash markets works lower

Hogs Manage to Pull Out Slight Gains

Lean Hogs futures closed the Monday session with marginally higher gains of 35 to 85 cents across the board. The national average base hog negotiated price was reported at $83.32 on Monday afternoon, down...

HEZ24 : 80.025s (+0.66%)
HEG25 : 83.275s (+0.45%)
HEJ25 : 87.425s (+0.60%)
Cattle Push Higher to Start the Week

Live cattle futures posted Monday gains of 72 cents to $1.55. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action today was mostly compiling showlists. Feeders continued...

LEJ25 : 187.925s (+0.28%)
LEZ24 : 184.100s (+0.63%)
LEG25 : 185.975s (+0.39%)
GFX24 : 251.825s (+0.29%)
GFF25 : 249.500s (+0.92%)
GFH25 : 248.625s (+1.21%)
Shootin' the Bull about squeezing margins

Fat futures were a little higher.  The squeeze of margins is the most interesting aspect with a belief of cattle on feed over 12 million head and a scramble to bid higher for incoming inventory.

Walsh Gamma Trader

Low-Cost Options, With Limited Risk

Cattle Gains Extending into Monday’s Midday

Live cattle futures closed are trading with midday gains of 60 to 95 cents on Monday. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Feeders are continuing to be the...

LEJ25 : 187.925s (+0.28%)
LEZ24 : 184.100s (+0.63%)
LEG25 : 185.975s (+0.39%)
GFX24 : 251.825s (+0.29%)
GFF25 : 249.500s (+0.92%)
GFH25 : 248.625s (+1.21%)
Hogs Posting Slight Monday Strength

Lean Hogs futures are trading with 50 to 75 cent gains in the nearbys on Monday so far. The national average base hog negotiated price was reported at $83.12 on Monday afternoon, up 25 cents from the day...

HEZ24 : 80.025s (+0.66%)
HEG25 : 83.275s (+0.45%)
HEJ25 : 87.425s (+0.60%)
Grain and Livestock Markets are On the Move!

Grain markets were mixed in the overnight trade but have found support following the floor open. A sign of better things to come? Livestock markets had a WILD end to last week but are relatively mute to...

Livestock Market Volatility Set to Rise?

Cattle futures firm on Friday while lean hogs come under pressure. More of the same to start the week?

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 253.883
2nd Resistance Point 251.867
1st Resistance Point 250.683
Last Price 249.500s
1st Support Level 247.483
2nd Support Level 245.467
3rd Support Level 244.283

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52-Week High 272.425
Fibonacci 61.8% 253.468
Last Price 249.500s
Fibonacci 50% 247.612
Fibonacci 38.2% 241.757
52-Week Low 222.800

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