The Cattle Markets Could Dominate Through the End of The Month - Soybean Oil Could Win the Year
Live cattle futures are posted gains of 22 cents to $1 across the front months on Tuesday. Cash trade saw a few cattle exchange hands at $232 so far this week on thin volume. Feeder cattle futures were...
Lean hog futures closed Tuesday with mixed trade, as front months were a tick to 42 cents lower with some deferreds higher. USDA’s national base hog price was reported at $80.19 on Tuesday afternoon....
My opinion on the Mexican border is that enough time has transpired to facilitate an increase in production and processing capacity to increase domestic beef production.
EU tariff fears pressure grains as cattle attempt to find footing. Catch Oliver Sloup with Michelle Rook on Markets Now Closes for today’s market breakdown.
Reports that new world screwworm cases were moving north in Mexico, closer to the Texas border, created new panic in the live and feeder cattle futures markets on Friday.
Lean hog futures are showing 7 to 20 cent losses in nearbys on Tuesday, with other contracts posting gains. USDA’s national base hog price was not reported on Tuesday morning due to light volume. The...
Live cattle futures are showing 30 to 90 cent gains across most contracts on Tuesday. Cash trade last week centered in the $233 range across the South and $232-235 for the North. Feeder cattle futures...
Lean hog futures saw slightly higher action in Friday, with contracts up 20 to 50 cents. Another round of new buying was noted, with open interest up 6,380 contracts. February managed to close the week...
Live cattle futures closed the Friday session with contracts $3.90 to $4.50 lower. February was $1.57 lower last week. Cash trade last week centered in the $233 range across the South and $232-235 for...