Live cattle futures are up 67 cents to $1.05 at midday. Cash trade has yet to get kicked off this week, with bids at midday of $238-242. The Thursday morning Fed Cattle exchange showed no sales on the...
Lean hog futures are down 40 to 60 cents so far on Thursday. USDA’s national base hog price was not reported on Thursday morning due to low volume. The CME Lean Hog Index was down another 4 cents on...
June lean hog futures present a selling opportunity on more price weakness.
The cattle rally continued on Wednesday, with live cattle contracts posting new contract highs and feeder cattle futures within arm’s reach. How much more upside is left?
Lean hog futures turned higher into Wednesday’s close, as contracts were up 12 to 55 cents. Open interest was up 1,292 contracts. USDA’s national base hog price was reported at $90.17 on Wednesday...
Live cattle futures saw 40 cents to $1.07 gains Wednesday. Preliminary open interest was up 4,984 contracts. Cash trade has yet to get kicked off this week, as last week settled in at $234-235 sales and...
Lean hog futures turned higher into Wednesday’s close, as contracts were up 12 to 55 cents. USDA’s national base hog price was reported at $90.17 on Wednesday afternoon, down 41 cents from the day...
Live cattle futures saw 40 cents to $1.07 gains Wednesday. Cash trade has yet to get kicked off this week, as last week settled in at $234-235 sales and $238 late in the south. The Wednesday morning Fed...
While none of the above is believed a directional motivator for price, it does reflect the amount of risk producers are assuming at the current known highs of cattle prices. It's not that a high price...
Fats and Oils - 2026-04-01