Lean hog futures were 20 to 77 cents higher on Thursday, as April slipped 42 cents last week. Open interest was down 1,597 contracts on Thursday. USDA’s national base hog price was reported at $90.35...
Live cattle futures posted 65 cent to $2.15 gains on Thursday, with April $7.70 higher on the week. Thursday’s open interest was down 3,156 contracts, mainly in the April contract. Cash trade took off...
Rain chances increase for Southern Plains in 6-10 day
Futures take cash higher and the Greeley strike is set to end on Monday, another boon for the producer
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Lean hog futures were 20 to 77 cents higher on Thursday, as April slipped 42 cents this week. USDA’s national base hog price was reported at $90.35 on Thursday afternoon, up 18 cents from the day prior....
Live cattle futures posted 65 cent to $2.15 gains on Thursday, with April $7.70 higher on the week. Cash trade got kicked off with strength on Thursday, with trade at $245 across the country, up $10 from...
The war in Iran is driving a historic surge in energy and grain prices while simultaneously threatening to break the cattle market due to rising input costs and shrinking consumer disposable income.
New Contract Highs in the Live Cattle Market - Grains Still Look Overpriced
Price may move higher or may move lower, but the next most probable move in the industry is to cut production capacity.