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Live cattle futures closed Thursday with contracts up 87 cents to $1.30. Cash trade has been mostly $372 dressed as well as a few live sales of $235-236. The Thursday morning Fed Cattle Exchange online...
Lean hog futures were 22 cents to $1.37 lower on the Thursday session. USDA’s national base hog price was reported at $91.39 on Thursday afternoon, down $1.50 from the day prior. The CME Lean Hog Index...
On the mid day cattle comment, I recommended for soybean farmers to buy the $11.50 November soybean put for around $.50. If you happen to own or have oil rights leases and this price increase of oil is...
Live cattle futures are trading with $1.80 to $1.90 gains at midday. Cash trade has been mostly $372 dressed as well as a few live sales of $235-236. The Thursday morning Fed Cattle Exchange online auction...
Lean hog futures are down another 77 cents to $1.50 at midday. USDA’s national base hog price was reported at $92.16 on Thursday morning, down 89 cents from the day prior. The CME Lean Hog Index was...
In an interview on AgWeb's Markets Now, Darin Newsom explains that current volatility across the commodity complex is being driven primarily by algorithmic trading reacting to geopolitical headlines and...
June lean hog futures present a selling opportunity on more price weakness.
Lean hog futures were weaker on Wednesday, with losses of 87 cent to $1.40. Open interest saw some longs liquidating, down 2,146 contracts. USDA’s national base hog price was reported at $92.89 on Wednesday...
Live cattle futures faced losses of $2.00 to $2.25 in the front months on Wednesday. Open interest was down 1,803 contracts. Cash trade has yet to see much action this week, but got started off with $372...
