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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?
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. 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. 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...
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...
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
Live cattle futures are posting 90 cent to $1 gains on 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...
Lean hog futures are mixed on Wednesday, with front month April up 32 cents and other nearbys down 10 to 30 cents. USDA’s national base hog price was reported at $90.19 on Wednesday morning, down 18...
