Cattle futures are knocking on the door of a technical resistance. Will the risk-on tone in the outside markets be enough to push cattle markets higher?
Lean hog futures closed the Wednesday session with most contracts up a dime to 40 cents higher. The national average base hog price was reported at $74.88 on Wednesday afternoon, down $2.45 from the week...
Live cattle futures posted steady to 20 cent higher trade across all but the nearby October contract, which was down 50 cents. Cash trade has yet to kick off this week. This morning’s Central Stockyards...
I find it more than interesting the Fed cut rates by a half. I say that due to my initial analysis of economic government reports not reflecting the inflation impact on most consumers.
Lean hog futures are showing mixed action at midday, with nearby contracts down a tick to 15 cents higher. The national average base hog price was not reported on Wednesday morning due to light volume,...
Live cattle futures are trading with slight nickel to 45 cent lower action. Cash trade has yet to kick off this week. This morning’s Central Stockyards online Fed Cattle Exchange auction showed no sales...
Livestock markets were able to stage an impressive rally in Tuesday’s trade, can the strength continue ahead of today’s Federal Reserve meeting?
Lean hog futures were up $1.12 to $1.85 in the nearby contracts on Tuesday, with other contracts 47 cents to $1.17 higher. The national average base hog price was reported at $77.33 on Tuesday afternoon,...