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Lean hog futures are showing 10 to 60 cent losses so far on Friday. USDA’s national base hog price was reported at $68.56 on Friday morning. The CME Lean Hog Index was down 27 cents on Jan 7 at $80.98....
Live cattle futures are slipping lower at midday, down $1.50 to $1.70 so far. Cash trade has started to pick up, with $233 reported in the North on Friday, and $232 South bids. The Friday morning Fed Cattle...
Cattle and lean hog futures had very constructive trading days on Thursday. Can that translate into a bigger rally to wrap up this week’s trade?
Live cattle futures held onto the Thursday gains, with contracts 75 cents to $1.25 higher. Open interest was down 2,405 contracts on Thursday, mostly in the Feb Cash trade has been quiet so far this week...
Lean hog futures posted Thursday gains of $1.07 to $1.65 at the close. Preliminary open interest was up 3,520 contracts on Thursday, suggesting new buying interest. USDA’s national base hog price was...
Lean hog futures posted Thursday gains of $1.07 to $1.65 at the close. USDA’s national base hog price was reported at $69.37 on Thursday afternoon, down $3.24 from the day prior. The CME Lean Hog Index...
Live cattle futures held onto the Thursday gains, with contracts 75 cents to $1.25 higher. Cash trade has been quiet so far this week with a few dressed sales of $365 so far in the North and $228-232 live....
Cattle Markets Look Ready for the Next Level Higher - Soybean Oil Could be Special This Year
I would anticipate some reflection to take place this weekend when volume of sales and prices are tallied.
The final three months of the year tend to be a bearish period for cattle and hog prices as the annual grilling season ends in early September, and prices often decline on weak demand in October through...
