I discussed the recent action in the wheat, soybean, and corn markets on AgWeb's Market's Now with Michelle Rook today. We also talked about the cattle markets and gold.
Lean hogs closed the midweek session with contracts a dime to $1.22 lower, as August was the lone exception, up a nickel. USDA’s National Average Base Hog negotiated price was down 36 cents on Wednesday...
Live cattle ended the day with weakness, as contracts were down $1.20 to $2.12 on Wednesday. This morning’s Fed Cattle Exchange auction saw no sales on the 894 head listed, with bids of $181 and asks...
No rest for the weary in this market. Nellie is nervous and with the continual issues of the bird flu being examined, there is likely to be more restraints placed until we can get a handle on this issue....
Cold Storage - 2024-04-24
Lean hogs are mixed on Wednesday, with losses of 30 to 85 cents in the front months and a couple fall contracts 10 to 22 cents higher. USDA’s National Average Base Hog negotiated price was up 29 cents...
Live cattle are slipping lower on Wednesday, with midday losses of $1.37 to $2.30. Cash action has been negligible thus far. Last week’s trade was $183-184 live and $292 dressed in the North, steady...
.jpg)
Live cattle were higher early in the Tuesday session but bulls felt queasy by midday. Futures closed down 12 to 90 cents in the nearbys and 32 cents to $1.12 higher out in the 2025 contracts. Cash action...