Long’s liquidate in shortened trading week

Lean hog futures closed the day with gains of $1.52 to $2.25. For April the $2.25 rally brought futures to the highest price level since Oct-Dec of 2019 (LOC high @ $77.10 11/5). Pork cutout futures ended...

Fat cattle futures closed the Friday session with $0.75 to $2.62 gains. The markets were closed prior to the monthly CoF numbers. Feeder cattle futures ended the last trade day of the week with gains of...

Grains drop and livestock pops. Is this the beginning of a new trend? Oliver Sloup breaks down the action in the ag markets.

The Cattle on Feed report is out, here is the summary

Midday lean hog futures prices are up $1.15 to $1.85 so far. Pork cutouts are $1.60 to $2.15 in the black. The 1/19 CME Lean Hog Index was 25 cents lower to $65.67. USDA’s National Average Base Hog price...

Ahead of the monthly CoF report, live cattle are rallying $1.17 to $2.27. Front month feeders are also stronger with $1.65 to $4.05 gains. The CME Feeder Cattle Index recovered 38 cents on 1/20 to $133.19....

Livestock markets surge as fund participation ramps up.

Live cattle futures finished the Thursday session with gains of as much as $1.07 for April. Bulls are going boldly into the USDA Cattle on Feed report, with average estimates for a smaller On Feed number...

Feb futures missed out on the Thursday gains, closing 32 cents in the red. The other front months ended the day up 45 to 82 cents. China confirmed a fresh ASF outbreak in its rebuilding hog herd. Pork...