Live cattle Futures - Dec 22 (BGIc3)

302.75
-1.90(-0.62%)
  • Prev. Close:
    302.75
  • Bid/Ask:
    0.00/0.00
  • Day's Range:
    302.45 - 303.95
  • Type:Commodity
  • Group:Agriculture

Live Cattle Futures Discussions

What is your sentiment on Live cattle c3?
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All Comments

(215)
  • this is the most undervalued asset in the world by far. the input costs and dollar collapse in 2023 along with any form of war will send this into the 500s by next summer. you can't eat gold or oil
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    • I'm also expecting state wars over water use by next year
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  • Be bullish on bulls they will only go up in price as starvation and food shortages send jitters across the globe in 2023
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    • what?
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      • hmm
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        • Too expensive
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          • Asian countries are turning away from US beef. The cattle is too expensive, plus the dollar is too high.
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        • can someone explain to me how a contract on live cattle works? it says the contract is for 40,000lb and the unit price is per pound...it's currently at $141.6...is that price for 100lb? its obvious Noone is paying $140 for a pound of cow lol.
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          • found out...quoted in cents per pound not dollars
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        • downtrend to 120
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          • buy the dips, American print the cash again.
            1
            • please,drop prices of food and everything else
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              • Ciclo only that NWO
                1
                • Price of beef is OK for cattle ranchers, what is really HURTING them now is the price of diesel to run tractors, irrigation equipment, and transportation of live cattle to market from remote ranch locations.
                  2
                  • so I go t o local grocery stores. check steak prices. at 20 and 25 dollars a lb.no one buying so what happens to the meat. makes no sense to sell a product to high. no sales so prices drop. or. cattle out of business I was brought up with plan to control market and prices stabilize. I see this wrong way pricing in every business. no one understands true cost.
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                    • It sells after discount then reshelve
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                  • is closing price little weired. is it normal at the last 5 min after hour at 03:05?
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                    • Moo
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                      • Amazing….,$142.40. When I was feeding cattle 45 years ago, cost of gains were ~42 cents/lb and 60 cent fats made about $30/head.
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                        • Fed cattle prices are probably headed higher, but risk/reward of cattle feeding just doesn’t make sense anymore.
                          1
                      • This is going to go up huge as feed corn prices go skyward
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                        • OMG I'm gonna lose my pig
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                          • WTF are some of these comments ?!
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                            • My cow
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                              • this is a neat led inflation
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                                • Live Cattle $124.67 -1.01% @ 01:24 PM ET
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                                  • I don't really understand the stock position about it
                                    1
                                    • MOO MOOs must flow
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                                    • try to milk the cow 🐮
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                                  • Bearish af
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                                    • 124  reached, close all positions, great run
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                                      • do you think demand for live cattle would be high or low this week?
                                        0