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Feeder Cattle Sep '24 (GFU24)

245.530s +0.130 (+0.05%) 09/27/24 [CME]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Fri, Sep 27th, 2024
Day Low
245.530
Day High
245.530
Open 0.000
Previous Close 245.400 245.400
Volume 0 0
Open Interest 0 0
Stochastic %K 96.40% 96.40%
Weighted Alpha -10.48 -10.48
5-Day Change +0.705 (+0.29%) +0.705 (+0.29%)
52-Week Range 232.800 - 280.700 232.800 - 280.700
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Feeder Cattle Futures Market News and Commentary

Cattle Rally Extends to Tuesday

Live cattle futures closed the Tuesday session with the front months up 72 cents to $1.02. Cash action for early in the week was mostly compiling showlists. Last week’s business was limited, as some cattle exchanged hands at $208 in the north and $204 in the South. Feeder cattle futures posted Tuesday gains of $1.325 to $2.10. The CME Feeder Cattle Index was back up 91 cents on April 14, with the average price at $288.07. 

USDA’s National Wholesale Boxed Beef prices were reported lower on Tuesday afternoon, as the Chc/Sel was back out to $20.19. Choice boxes were 20 cents lower at $335.43/cwt, with Select down 61 cents to $315.24. Tuesday’s Federally inspected cattle slaughter was estimated at 122,000 head, with the weekly total at 234,000. That was 8,000 head above the previous week but down 9,928 head from the same week last year.

Apr 25 Live Cattle  closed at $204.800, up $0.850,

Jun 25 Live Cattle  closed at $199.800, up $0.725,

Aug 25 Live Cattle  closed... 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
09/26/24
Expiration Date
09/27/24 (expired)

Seasonal Chart

Feeder Cattle Sep '24
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Apr 8, 2025

View Chart Details
Commercials - Long / Short
10,758 (-971)
16,469 (-2,099)
Non-Commercials - Long / Short
35,712 (-6,741)
18,161 (-1,922)
Producers - Long / Short
5,770 (-1,012)
12,580 (-3,074)
Swap Dealers - Long / Short
3,386 (+358)
2,287 (+1,292)
Managed Money - Long / Short
32,258 (-5,586)
5,307 (-625)
Other Reportables - Long / Short
3,454 (-1,155)
12,854 (-1,297)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
232.850 +5.45%
on 09/09/24
Period Open: 241.925
245.900 -0.15%
on 09/26/24
+3.605 (+1.49%)
since 08/27/24
3-Month
232.800 +5.47%
on 08/20/24
Period Open: 261.400
264.300 -7.10%
on 07/05/24
-15.870 (-6.07%)
since 06/27/24

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Most Recent Stories

More News
Cattle Rally Extends to Tuesday

Live cattle futures closed the Tuesday session with the front months up 72 cents to $1.02. Cash action for early in the week was mostly compiling showlists. Last week’s business was limited, as some...

LEQ25 : 196.850s (+0.52%)
LEJ25 : 204.800s (+0.42%)
LEM25 : 199.800s (+0.36%)
GFJ25 : 289.375s (+0.46%)
GFK25 : 282.525s (+0.56%)
GFQ25 : 288.250s (+0.73%)
Hogs Stick to Steady on Tuesday

Lean hog futures posted mixed trade on Tuesday, with contracts sticking near unchanged at the close and nearbys with in a quarter of unch. USDA’s national average base hog negotiated price was up $3.85...

HEK25 : 88.200s (+0.28%)
HEM25 : 95.175s (+0.05%)
HEN25 : 95.475s (-0.03%)
Pure Hedge - Livestock and Grain

Soybean Oil About to Takeoff? Are All the Grains About to Rally? Cattle on Feed Report Thursday

Pure Hedge - Livestock and Grain

Soybean Oil About to Takeoff? Are All the Grains About to Rally? Cattle on Feed Report Thursday

Shootin' the Bull about growing cattle as big as Elephants

Cattle feeders continue to push the envelope as to how much input risk one can assume to produce a pound of beef.

Cattle Gains Pushing to Tuesday

Live cattle futures are up 50 cents to $1 in the front months on Tuesday. Cash trade for Monday was mostly compiling showlists. Last week’s business was limited, as some cattle exchanged hands at $208...

LEQ25 : 196.850s (+0.52%)
LEJ25 : 204.800s (+0.42%)
LEM25 : 199.800s (+0.36%)
GFJ25 : 289.375s (+0.46%)
GFK25 : 282.525s (+0.56%)
GFQ25 : 288.250s (+0.73%)
Hogs Mixed at Midday

Lean hog futures are mixed at midday, with contracts within a quarter of unchanged. USDA’s national average base hog negotiated price was down $1.17 on Tuesday morning to $84.67. The CME Lean Hog Index...

HEK25 : 88.200s (+0.28%)
HEM25 : 95.175s (+0.05%)
HEN25 : 95.475s (-0.03%)
Livestock Markets Firm to Start the Week

Livestock markets firm to start the week. More upside left, or are we back to a near term equilibrium?

Cattle Look to Tuesday After Monday Rally

Live cattle futures posted strength on Monday, with contracts rallying $1.47 to $2.27. Cash trade for Monday was mostly compiling showlists. Last week’s business was limited, as some cattle exchanged...

LEQ25 : 196.850s (+0.52%)
LEJ25 : 204.800s (+0.42%)
LEM25 : 199.800s (+0.36%)
GFJ25 : 289.375s (+0.46%)
GFK25 : 282.525s (+0.56%)
GFQ25 : 288.250s (+0.73%)
Hogs Post Gains on Monday

Lean hogs posted strength of $1.30 to $1.80 on the Monday session. USDA’s national average base hog negotiated price was down $1.11 on Monday to $81.99. The CME Lean Hog Index was down another 81 cents...

HEK25 : 88.200s (+0.28%)
HEM25 : 95.175s (+0.05%)
HEN25 : 95.475s (-0.03%)
Cattle Rally into Monday’s Close

Live cattle futures closed out the Monday session with contracts rallying $1.47 to $2.27. Cash trade was limited last week, as some exchanged hands at $208 in the north, with some $204 in the South. Feeder...

LEQ25 : 196.850s (+0.52%)
LEJ25 : 204.800s (+0.42%)
LEM25 : 199.800s (+0.36%)
GFJ25 : 289.375s (+0.46%)
GFK25 : 282.525s (+0.56%)
GFQ25 : 288.250s (+0.73%)
Hog Pop Higher on Monday

Lean hog futures posted gains of $1.30 to $1.80 on Monday. USDA’s national average base hog negotiated price was down $1.11 on Monday afternoon to $81.99. The CME Lean Hog Index was down another 81 cents...

HEK25 : 88.200s (+0.28%)
HEM25 : 95.175s (+0.05%)
HEN25 : 95.475s (-0.03%)
Livestock Markets Rally

Markets challenge resistance

Shootin' the Bull about not much of anything

Not much seemed to change over the weekend.  Cattle feeders lost approximately $42.00 per head from one week to the next.

Hog Posting Gains on Monday

Lean hog futures are up a nickel in expiring April, with other contracts $1.17 to $1.72 higher. USDA’s national average base hog negotiated price was up 46 cents on Monday morning to 83.50. The CME Lean...

HEK25 : 88.200s (+0.28%)
HEM25 : 95.175s (+0.05%)
HEN25 : 95.475s (-0.03%)
Cattle Rallying on Monday

Live cattle futures are up $1.125 to $1.60 at midday. Cash trade was limited last week, with $208 reported in the north, with some $204 in the South. Feeder cattle futures are showing $1 to $2.50 gains...

LEQ25 : 196.850s (+0.52%)
LEJ25 : 204.800s (+0.42%)
LEM25 : 199.800s (+0.36%)
GFJ25 : 289.375s (+0.46%)
GFK25 : 282.525s (+0.56%)
GFQ25 : 288.250s (+0.73%)
A Mixed Start to the Shortened Holiday Week for Ag Markets

Grain and livestock markets saw some big moves last week and are seeing a choppy trade to start the shortened week. Here are a few things on our radar.

More Volatility Ahead, or a Return to "Normal"

Could this be the week where volatility subsides, and focus goes from broad based risk on/off back to a focus on the fundamentals and technicals of individual risk asset

Cattle Look to Start Fresh Week

The cattle market is looking to begin a new week of trade after live cattle futures rallied on Friday, to post gains of $1.60 to $1.65 in the front months. June was still down $1.40 on the week. Cash trade...

LEQ25 : 196.850s (+0.52%)
LEJ25 : 204.800s (+0.42%)
LEM25 : 199.800s (+0.36%)
GFJ25 : 289.375s (+0.46%)
GFK25 : 282.525s (+0.56%)
GFQ25 : 288.250s (+0.73%)
Hogs Shift Focus to Short Week

Lean hog futures were mixed on Friday, with front month April down 57 cents and other contracts up 7 to 20 cents. June futures were up $1.77 last week. USDA’s national average base hog negotiated price...

HEK25 : 88.200s (+0.28%)
HEM25 : 95.175s (+0.05%)
HEN25 : 95.475s (-0.03%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 245.530
2nd Resistance Point 245.530
1st Resistance Point 245.530
Last Price 245.530s
1st Support Level 245.530
2nd Support Level 245.530
3rd Support Level 245.530

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52-Week High 280.700
Fibonacci 61.8% 262.402
Fibonacci 50% 256.750
Fibonacci 38.2% 251.098
Last Price 245.530s
52-Week Low 232.800

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