Feeder Cattle May '24 (GFK24)

Hogs fail to capitalize on opening strength close near low

Live cattle are down anywhere from a tick to $1.02 at midday to start June trade. Cash cattle markets saw the North reported at $190 last week, down $2 on the week. The South traded hands at $186, a $1...

Lean hogs ended the Monday session slipping lower, with contracts down 70 cents to $1. USDA’s National Average Base Hog negotiated price was reported at $88.30 in the Monday afternoon report, up $2.45...

These Breaks are not over - Continue to Sell into Strength

Fats and Oils - 2024-06-03

Live cattle are down anywhere from a tick to $1.02 at midday to start June trade. Cash cattle markets saw the North reported at $190 last week, down $2 on the week. The South traded hands at $186, a $1...

Hogs Falling at Midday Lean hogs are resuming their weakness as we start June, with contracts down 50 to 75 cents at midday. USDA’s National Average Base Hog negotiated price was not reported in the...

Cattle futures were lower in the back half of last week’s trade but still posted an impressive month. What will the month of June hold for cattle and hog futures?

On Friday I was interviewed by Michelle Rook on AgWeb's Markets Now. I spoke about the recent action in the corn, wheat, and soybean markets. In addition, we discussed the cattle markets.

Live cattle were down $1 to $1.50 on Friday, the end of the month provided some selling opportunities. June was up $6.57 during May. Cash cattle markets saw the North reported at $190, down $2 on the week....