New COVID variant sparks selling

Live cattle futures rallied into the close on Friday. Futures bounced from early session losses of as much as $2+ to close with 2 to 25 cent gains. December ended the day UNCH at $137.90. The bulk of cash...

Friday closed with lean hog futures $1.40 to $2.65 in the red. USDA’s National Average Base hog price for Friday was up another 53 cents weaker to $55.13. CME’s Lean Hog Index for 11/23 was down another...

In my opinion, the volatility of market fluctuation on Friday, due to the creation of another variant of covid, leads me to believe a consortium effort is being made to decrease inflation, or more accurately,...

Friday’s session has the lean hog futures complex working lower for midday, giving back 27 cents to $1.02 so far. USDA’s National Average Base hog price for Friday morning was up another 26 cents to...

Cattle futures are mixed but mostly lower so far for Friday. December is staying 7 cents in the black, while the other nearbys are down by as much as 40 cents. The bulk of cash business remains above $136...

Cattle futures were up $0.85 to $2.50 in the front months, led by Dec, at the close on Wednesday. Reports of cash sales as high as $140 provided support, while the bulk of cash business remains above $136...

Front month lean hog futures ended mixed on Wednesday with gains in the front months and losses in the deferred months. December was up the most, going into the holiday with a $1.27 gain, while July ’22...

Covid Worries Rock Markets

Front month lean hog futures ended mixed on Wednesday with gains in the front months and losses in the deferred months. December was up the most, going into the holiday with a $1.27 gain, while July ’22...