Lean hog futures managed to close out Monday with gains of a tick to 50 cents. USDA’s national base hog price was reported at $91.28 on Monday afternoon, up $2.32 from the day prior. The CME Lean Hog...
The loss of Mexican cattle to produce has come home to roost.
Lean hog futures are trading with contracts 30 to 75 cents higher at midday. USDA’s national base hog price was reported at $89.61 on Monday morning, up 65 cents from the day prior. The CME Lean Hog...
Live cattle futures are trading with Monday midday losses of $1.92 to $2.95. Cash trade was limited, with some $246-248 in the North and some southern trade up to $249. Feeder cattle futures are down $3.65...
Lean Hog prices have a rhythm. Every year, supply peaks Oct–Dec as hog marketing hits full stride. More slaughter = more pork = seasonal pressure on wholesale prices. For speculators & hedgers, this...
Live cattle futures were down 90 cent to $1.50 across the front months on Friday, as April was still $1.37 higher last week. Open interest was up 2,730 contracts on Friday. Cash trade was limited, with...
Lean hog futures were up another 20 to 75 cents on Friday, as the bounce last week saw April rally $2.40. Preliminary open interest was up 1,045 contracts on Friday. USDA’s national base hog price was...