Schwieterman: Corn prices flat, feeder futures higher
Feeder cattle futures closed higher in all but the lead March contract on Monday.
View ArticleSchwieterman: Cattle futures sharply higher, cash trade improves
Feeder cattle futures posted sharp gains on Tuesday, following the fats higher in spite of lower cash index postings and higher corn futures.
View ArticleSchwieterman: Feeder cattle futures post new contract highs
Feeder cattle futures closed sharply higher on Wednesday, with every contract posting new contract highs.
View ArticleSchwieterman: Weaker U.S. dollar adds buying to grain markets
Feeder cattle futures closed modestly to moderately lower on Thursday, with some fresh selling entering the market at the new higher levels.
View ArticleSchwieterman: Cattle futures post gains in strong week
Feeder cattle futures closed with solid gains for the week, with the April contract gaining 1.85 over the 5 days.
View ArticleSchwieterman: Feeder cattle futures higher as corn gains strength
Feeder cattle futures closed steady to modestly higher on Monday, which was a good performance considering the strength in the corn market.
View ArticleSchwieterman: Live cattle futures change direction, close lower
Live cattle futures reversed from contract highs to trade sharply lower on Wednesday. The April contract touched limit down at 142.62, before recovering 1.00 of those losses.
View ArticleSchwieterman: Rising corn prices slam cattle futures
Feeder cattle futures were the downside leaders in the livestock complex on Thursday, with pressure stemming from sharply higher corn prices.
View ArticleSchwieterman: Corn market remains directionless
Corn export sales were very good at 745,800 MT for the old crop. Sales at this pace should result in a higher export estimate in the April supply and demand report.
View ArticleGrain markets seen trending upward
Skepticism over record-breaking crop production estimates explains why the market shrugged off the “hugely bearish” USDA Aug. 12 report, according to Jack Scoville of the Price Futures Group.
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