Most of the lean hog market slid back on Thursday, but the June contract ended the session with a 97 cent gain. The other front months backed off by as much as $1.82 on the day. USDA’s National Average...
Cattle futures printed a strong Thursday session with the June contract leading the way. June fats were up nearly $6 at the close, and filled April’s expiration gap. The other front months were also...
Grain markets have been on a roller coaster to this week, which is inline with what we historically see during this time of year. Cattle scream higher with June options expiring tomorrow and first notice...
Higher boxes, higher cattle, and a lot of short covering was seen today in the cattle markets. I would expect an increase in open interest from today's trading. A new high in price has been matched...
Midday hog quotes are mostly in the red, save for a 37 cent gain in the June. The other nearbys are down by as much as 3.5% following the sharp gains to start the week. USDA’s National Average Base Hog...
Live cattle are working near their new LoC highs with midday gains of +2%. The June contract is up $4.90 so far, and us 30 cents under where April expired. Thursday’s FCE auction had 916 head listed,...
Live cattle and feeder cattle have strung together an impressive multi month rally. With prices in uncharted territory, let's take a look at seasonal tendencies.
Lean hog futures followed their limit bounce out of Memorial Day weekend with another triple digit gain to the upside. Futures were up $0.97 to $3.80 on the day. That reduced the monthly net loss for the...
Front month cattle futures were 2 to 67 cents higher on Wednesday. June contracts stayed in a $1.25 range on the session. June cattle futures printed an $8.07 range during May for a net $3.65 gain on the...
Livestock markets on fire...