Livestock Futures
Livestock markets dictate your ultimate revenue potential and feed-conversion profitability. Monitor live cattle, feeder cattle, and lean hog futures to manage herd risk, time your market placements, and secure optimal hedging margins.
- All
- Grain & Oilseeds
- Livestock
- Dairy
- Energy
- Fertilizer
- Currencies
Live Cattle
LEV26
Oct 2026
219.08 ¢/lb
-1.85
-0.84%
LEZ26
Dec 2026
221.10 ¢/lb
-1.25
-0.56%
LEG27
Feb 2027
222.88 ¢/lb
-0.78
-0.35%
LEJ27
Apr 2027
224.53 ¢/lb
-0.18
-0.08%
LEM27
Jun 2027
219.38 ¢/lb
-0.05
-0.02%
LEQ27
Aug 2027
216.03 ¢/lb
0.00
0.00%
LEV27
Oct 2027
214.68 ¢/lb
+0.18
+0.08%
LEZ27
Dec 2027
215.00 ¢/lb
+0.05
+0.02%
LEG28
Feb 2028
214.85 ¢/lb
+0.15
+0.07%
LEJ28
Apr 2028
215.05 ¢/lb
+0.60
+0.28%
Feeder Cattle
GFV26
Oct 2026
331.75 ¢/lb
-1.58
-0.47%
GFX26
Nov 2026
328.08 ¢/lb
-1.43
-0.43%
GFF27
Jan 2027
320.65 ¢/lb
-1.03
-0.32%
GFH27
Mar 2027
316.60 ¢/lb
-0.68
-0.21%
GFJ27
Apr 2027
316.28 ¢/lb
-0.65
-0.21%
GFK27
May 2027
315.05 ¢/lb
-0.78
-0.25%
GFQ27
Aug 2027
316.40 ¢/lb
-1.20
-0.38%
GFU27
Sep 2027
313.83 ¢/lb
-0.60
-0.19%
GFV27
Oct 2027
313.83 ¢/lb
—
0.00%
Lean Hogs
HEV26
Oct 2026
79.20 ¢/lb
-0.68
-0.85%
HEZ26
Dec 2026
69.48 ¢/lb
-0.85
-1.21%
HEG27
Feb 2027
70.85 ¢/lb
-1.18
-1.63%
HEJ27
Apr 2027
76.30 ¢/lb
-0.90
-1.17%
HEK27
May 2027
80.90 ¢/lb
-0.68
-0.83%
HEM27
Jun 2027
89.60 ¢/lb
-0.58
-0.64%
HEN27
Jul 2027
91.53 ¢/lb
-0.45
-0.49%
HEQ27
Aug 2027
91.48 ¢/lb
-0.30
-0.33%
HEV27
Oct 2027
76.80 ¢/lb
-0.45
-0.58%
HEZ27
Dec 2027
70.43 ¢/lb
-0.03
-0.04%
HEG28
Feb 2028
74.03 ¢/lb
-0.03
-0.03%
FAQs
What futures matter most to grain farms?
For most grain operations, start with revenue markets and the input markets that drive costs.
- Revenue: Corn, Soybeans, Wheat (Chicago/SRW, Kansas City/HRW, Minneapolis/HRS). Canadian growers should also track Canola.
- Key inputs (costs): ULSD (diesel) for fuel, Propane for grain drying, and Fertilizer (Urea, DAP).
- Also useful: Natural Gas (fertilizer feedstock), Crude/Refined products (broader energy trend), and USD/CAD if you sell or buy across the border.
How do I use futures to estimate cash price?
Use your local basis to translate board price to a farmgate estimate.
Formula:
Estimated Cash = Futures + Basis
- Pick the delivery month your buyer is quoting.
- Find the current futures price for that month.
- Add your local basis (it can be negative or positive).
Example: If Dec Corn = $5.20 and your basis is –$0.25, estimated cash ≈ $4.95.
Tip: Basis changes over time—always check posted bids for actual offers.
What affects basis in my area?
Basis = local reality. Common drivers:
- Local supply & demand: harvest pressure, on-farm/storage availability, end-user needs.
- Logistics: rail/barge capacity, river levels, truck availability, diesel costs.
- Buyer competition & margins: ethanol/crush plants, mills, exporters.
- Quality & specs: moisture, protein, damage.
- Seasonality & weather: storms, freeze/thaw, road bans.
- Currency: Canadian Dollar (CAD/USD) shifts can move cross-border basis.
Should I track diesel/propane alongside grain prices?
Yes. They’re big, volatile input costs. Watching ULSD (diesel) and Propane next to grain helps you:
- Budget and lock in fuel/drying costs when prices dip.
- Protect margins by timing purchases relative to crop price moves.
- Plan harvest/drying with fewer surprises.
Which months are “new-crop” vs “old-crop”?
“Old-crop” = grain already in the bin/current marketing year. “New-crop” = the upcoming harvest. Typical references:
- Corn: Dec = new-crop; Mar/May/Jul = old-crop.
- Soybeans: Nov = new-crop; Jan/Mar/May = old-crop.
-
Wheat:
- Chicago SRW & KC HRW: Jul = new-crop; Sep/Dec/Mar/May = old-crop.
- Minneapolis Spring Wheat (HRS): Sep = new-crop; Dec/Mar/May/Jul = old-crop.
- Canola (ICE): Nov = new-crop; Jan/Mar/May = old-crop.
Note: Local harvest timing and buyer conventions can vary—match the month your buyer uses.
Reports
Fri25
Outlook for Principal Field Crops
Around today · AAFC
Mon28
Crop Progress
Mon, Sep 28 · 4:00 pm ET
Wed30
Grain Stocks
Wed, Sep 30 · 12:00 pm ET
Thu1
Export Sales
Thu, Oct 1 · 8:30 am ET
DISCLAIMER: The grain price information provided on Farmbucks.com is for informational purposes only and is subject to change at any time. Prices are sourced from participating grain companies, verified farmer reports and our trusted partners such as Barchart and DTN. While we work to ensure accuracy, discrepancies may occur between the prices listed on this website and those provided by grain buyers. Users are responsible for contacting the purchaser directly to confirm current prices and selling instructions. Farmbucks does not guarantee the accuracy, completeness, or timeliness of the prices displayed and assumes no liability for decisions made based on this information.
Futures Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. This data is for informational purposes only and may be subject to delays or inaccuracies. Please consult official exchange sources or your broker for trading decisions.
Questions or Feedback: For any additional information, questions, or feedback, please visit our Contact Us page. We're here to help.
Futures Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. This data is for informational purposes only and may be subject to delays or inaccuracies. Please consult official exchange sources or your broker for trading decisions.
Questions or Feedback: For any additional information, questions, or feedback, please visit our Contact Us page. We're here to help.