Call Hurley & Associates at 1-800-524-0342 for more Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cattle Daily Market Report

 

 

 

 

 

 

 

 

 

 

 

EMail: David Hurley

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FUTURES & OPTIONS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Feeder Cattle (FC) Future contracts

Contract

Settle/Change

High - Low

Open Interest

Volume

Mar 24

244.800

-0.075

246.125

244.000

891

5

Apr 24

250.200

-0.325

251.675

249.450

345

5

May 24

255.275

-0.425

256.800

254.625

270

5

Aug 24

270.075

-0.500

271.800

269.500

254

 

Sep 24

272.350

-0.500

273.825

271.800

88

 

Oct 24

273.575

-0.500

275.075

273.025

94

 

Nov 24

273.300

-0.475

274.725

272.750

48

5

Jan 25

270.900

-0.700

272.425

270.550

21

 

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Feeder Cattle (ZF) Options contracts (Top 10 by Volume)

Contract

Call Put

Strike

Premium/Change

High - Low

Open Interest

Volume

Nov-24

C

190

83.300

-0.475

 

 

 

5

Apr-24

P

209

0.175

+0.025

 

 

 

5

Nov-24

C

144

129.300

-0.475

 

 

 

5

Apr-24

P

277

27.375

+0.225

27.900

26.300

 

5

Nov-24

C

194

79.300

-0.475

 

 

 

5

Apr-24

C

192

58.200

-0.325

59.450

57.650

 

5

Oct-24

C

318

2.950

-0.175

 

 

 

5

Apr-24

P

255

9.625

+0.075

9.925

9.025

 

5

Sep-24

P

332

59.925

+0.425

 

 

 

5

Sep-24

P

338

65.775

+0.475

 

 

 

5

All Other

 

 

 

 

 

 

 

6,400

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Boxed Beef Values

 

 

 

Choice

Select

Spread

Cutout Value

293.08

-1.86

283.47

+0.22

9.61

Primal Brisket

240.21

-2.08

233.90

-5.48

6.31

Primal Chuck

256.67

-7.77

248.86

-2.24

7.81

Primal Flank

141.78

+1.14

140.43

+0.37

1.35

Primal Loin

374.29

-1.22

366.36

+3.14

7.93

Primal Plate

194.53

-0.78

194.53

-0.78

0.00

Primal Rib

462.06

+8.35

414.61

+1.55

47.45

Primal Round

243.51

-0.58

244.22

+1.58

(0.71)

 

 

 

 

 

 

 

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cattle slaughtered Under Federal Inspection

 

 

 

 

 

 

 

 

 

 

 

 

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This data and these comments are provided for information purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. Commodity trading involves risks, and you should fully understand those risks before trading.