Oliver Sloup on Markets on the Move: Grain futures worked higher to start the week with corn knocking on the door of a breakout above the 200-day moving average. Soybeans and wheat found relief and livestock...
With 11.7 million head on feed and all going to be fed longer, beef production through the first quarter is expected to be elevated.
Live cattle futures are showing 85 cent to $1.55 across most contracts at midday. Cash trade was softer last week at $228 across the country and $356-358 dressed. Feeder cattle futures are $2.10 to $2.50...
Lean hog futures are up 30 to 65 cents across most contracts at midday. USDA’s national base hog price was not reported this morning due to light volume. The CME Lean Hog Index was down 15 cents on December...
Grain and livestock markets are gaining some ground to start the shortened holiday week, can it lead to a breakout? Oliver Sloup joins RFD-TV to break it down for you.
Lean hog futures were steady to 40 cents higher on Friday, as February was a tick lower last week. Preliminary open interest was up 1,176 contracts on Friday, suggesting some new buying. The market will...
Live cattle futures saw $1.85 to $2.40 gains to close out Friday, as Feb was $1.25 higher last week. Preliminary open interest was up 2,146 contracts on Friday. Cash trade was softer his week at $228 across...
Metals are surging - what is this telling us?