![]() ![]() The most important trading venue for futures contracts on live and feeder cattle is the Chicago Mercantile Exchange. ![]() The USA is also the largest consumer of beef (25.6%), followed by the EU (15.3%), Brazil (13%) and China (12%). The Pork Carcass Cutout Value was another 15 cents stronger to 115.29. Pork cutout futures ended the day 40 cents lower in October though 87 cents higher in August. Lean hog spec traders were shown at a 27,932 contract net long on 7/18 via the latest CFTC data. The next largest producers are Brazil (15.5%), the EU (14.8%) and China (12.09%). The CME Lean Hog Index was 30 cents stronger on 7/19 at 103.60. In 2003, 49,789 million tonnes of beef were produced globally, most of that in the USA, which has a market share of 25 per cent. There are also rules regulating the administration of colostrum, the housing climate, the size of the compartment, the input of feed (straw, hay or maize silage) or the haemoglobin level of the calves’ blood. Calves over the age of eight weeks may not be kept on their own and must have sufficient space available to them. The German order on the protection of animals and the keeping of production animals prescribes strict rules for the keeping of fattening veal, however. Fattening veal are separated from the mother shortly after birth and have a life expectancy of just five to six months. Fattening veal are male and female calves that are not needed for breeding purposes. There are also some breeds such as Fleckvieh, however, that can be used for both meat and milk production.Ī special area of feeder cattle rearing is fattening veal. Feeder Cattle is expected to trade at 249.54 USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. ![]() Mainly male cows are fattened and slaughtered. There are also different breeds for milk production. The meat from these cows is valued for its marbled meat, which shows the intramuscular fat content, however. Whereas some breeds have a high weight with a very low fat level, other breeds grow more quickly but do not reach the same weight. Below is a chart of average October feeder cattle futures prices for the last 5. There are different breeds that fulfil these criteria, however. October feeder cattle have trended positively between March 19th and April 17th for 13 of the last 15 years. 10M+ Custom scripts and ideas shared by our users. ![]() 1 Top website in the world when it comes to all things investing. Past performance is not necessarily indicative of future results.For this reason, cattle breeds that grow quickly and have a high ability to put on weight are particularly suited to meat production. Feeder Cattle Futures contracts Oscillators Trend-Following Love in every TradingView 50M+ Traders and investors use our platform. All trading decisions will be made by the account holder. Feeder cattle futures are traded electronically on the Globex platform Monday 09:30 a.m. There is no guarantee that the advice we give will result in profitable trades. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. Open an account from anywhere not mentionedįutures trading involves substantial risk of loss and may not be suitable for all investors. With an average of 30 Seasonal Trends each month, Seasonal Trends covers a wide variety of markets and is not exclusive to agricultural commodities.Ĭlick to Learn More about Seasonal Trends!Įmail: have a trading account with Blue Line Futures? ![]()
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