Cheese Block May '24 (BGK24)

Lean Hogs is consistently a negative carry market which is sometimes attractive to sell short and give the investor the opportunity to profit when futures prices “roll down” to spot cash prices. Currently...

Fed FOMC interest rate decision Wednesday

Lean hogs hit their high for the week on Tuesday and spent the rest of the week fading the early rally. Futures settled $1.00 to $2.525 lower on Friday. USDA’s National Average Base Hog negotiated...

Cattle futures are continuing to shrug off the Wednesday overreaction, as contracts are up another 60 cents to $1.52 at midday. Cash trade kicked off on Thursday with a steady/higher note this week, as...

Strong end to week for cattle cash market drives futures higher

$11.00-Beans? $5.00-Corn? $7.00-Wheat? $230-Feeders?

This week’s trade is officially in the books and it left a few markets at some pivotal spots as we head into next week’s trade.

In my opinion, the discovery process continues.  Of the most importance coming up will be the amount of inventory available in the large summer video sales, and how quick buyers will be to procure inventory...

Lean hogs are down another $1.12 to $2.45 at midday. USDA’s National Average Base Hog negotiated price was not reported on Friday morning, with a 5 day rolling average at 90.45. The CME Lean Hog Index...

Cattle futures are continuing to shrug off the Wednesday overreaction, as contracts are up another 60 cents to $1.52 at midday. Cash trade kicked off on Thursday with a steady/higher note this week, as...