Lean hog futures closed with $0.52 weaker in July and $0.25 lower in the August to gains of as much as $0.62 in the other nearby contracts. USDA’s National Average Afternoon Base Hog price for Wednesday...
Live cattle futures faded on Wednesday with losses of 50 to 62 cents. The June contract was the exception with a 50 cent boost to $136.80. The Wednesday FCE auction sold one pen of 265 head for $138 of...
Trade Awaits USDA Data
Live cattle futures faded on Wednesday with losses of 50 to 62 cents. The June contract was the exception with a 50 cent boost to $136.80. The Wednesday FCE auction sold one pen of 265 head for $138 of...
Lean hog futures closed with $0.52 weaker in July and $0.25 lower in the August to gains of as much as $0.62 in the other nearby contracts. USDA’s National Average Afternoon Base Hog price for Wednesday...
I recommend maintaining short positions in the October and December live cattle futures contracts. This is a sales solicitation. Information gathered today from a trusted analyst suggested the pipeline...
A lot to cover today as we inch closer to the end of the week, month, and quarter.
Hogs and Pigs - 2022-06-29
So far through the midweek session, live cattle futures are down 22 to 50 cents. The June contract remains firm on limited OI through deliveries, currently up by 55 cents. The Wednesday FCE auction sold...