Lean hog futures were down 30 cents to $1.12 on the Tuesday session. The CME Lean Hog Index was down 23 cents at $91.52 on June 7. USDA showed the National Base Hog weighted average price at $87.50 on...
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Live cattle was lower on Tuesday, with contracts down 17 cents to $1.05. June cattle are in deliveries as none have been served, with the oldest long in line dated November 7, 2023. Cash trade activity...
Grain markets were firm in the early morning trade but faded into the afternoon to settle lower, with the exception of wheat which finished higher for the first time in 10 sessions. Cattle futures were...
No one was interested in a new position in the live cattle contract on Monday. Open interest plummeted further, leading me to believe there are few interested in participation.
Live cattle is mixed on Tuesday, with June up 15 cent and being held up by cash. Other contracts are down 10 to 42 cents. Monday was FND (first notice day) for June cattle deliveries. There were none,...
Lean hog futures are trading with losses of a tick to a dollar so far on Tuesday. The CME Lean Hog Index was down 23 cents at $91.52 on June 7. USDA showed the National Base Hog weighted average price...
The lack of new headlines regarding bird-flu over the weekend coupled with June futures entering delivery may have been the big reasons for Monday’s rally, with seasonal tailwinds adding an extra boost....
Lean hog futures were apparently trying to buy some market share at the meat counter, going the opposite direction from the cattle. They settled $.27 to $1.45 lower on Monday. Nearby June got a little...
Live cattle futures bulls were flexing some muscles on Monday, with the market settling $1.75 to $2.80 higher. Monday was FND (first notice day) for June cattle deliveries. There were none, with the...
Live cattle futures bulls were flexing some muscles today, with the market settling $1.75 to $2.80 higher. Cash trade activity mostly consisted of collecting show lists. Feeder cattle futures had the...