Live cattle futures slipped lower on Friday, with contracts down $1 to $1.55. February was down $2.27 this week. Cash trade was picked up at $232-233 across the country this week. The Friday morning Fed...
Lean hog futures were weaker on Friday, with contracts down a dime to 57 cents on the day, as February was $1.20 lower this week. USDA’s national base hog price was reported at $68.08 on Friday afternoon,...
Comments read this week of a 200,000 head increase in the dairy herd in 2025, the biggest increase in 40 years, caught me by surprise.
Live cattle futures are slipping lower at midday, down $1.50 to $1.70 so far. Cash trade has started to pick up, with $233 reported in the North on Friday, and $232 South bids. The Friday morning Fed Cattle...
Lean hog futures are showing 10 to 60 cent losses so far on Friday. USDA’s national base hog price was reported at $68.56 on Friday morning. The CME Lean Hog Index was down 27 cents on Jan 7 at $80.98....
Cattle and lean hog futures had very constructive trading days on Thursday. Can that translate into a bigger rally to wrap up this week’s trade?
Live cattle futures held onto the Thursday gains, with contracts 75 cents to $1.25 higher. Open interest was down 2,405 contracts on Thursday, mostly in the Feb Cash trade has been quiet so far this week...
Lean hog futures posted Thursday gains of $1.07 to $1.65 at the close. Preliminary open interest was up 3,520 contracts on Thursday, suggesting new buying interest. USDA’s national base hog price was...
Live cattle futures held onto the Thursday gains, with contracts 75 cents to $1.25 higher. Cash trade has been quiet so far this week with a few dressed sales of $365 so far in the North and $228-232 live....