Lean hog futures are facing 5 cent to $1 losses so far on Tuesday. USDA’s national base hog price was reported at $90.37 on Tuesday morning. The CME Lean Hog Index was down another 42 cents on March...
Live cattle futures are up $1.30 to $1.65 at Tuesday’s midday. 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. Feeder cattle futures...
Our Senior Market Analyst discusses misleading media coverage, monster-sized cows, and why the Strait of Hormuz could be the ‘last straw’ for US beef demand.
Lean hog futures were down 5 to 30 on Monday, with May up 15 cents at the close. USDA’s national base hog price was reported at $90.92 on Monday afternoon, up 40 cents from the day prior. The CME Lean...
Live cattle futures were 82 cents to $1.42 in the green on Monday. Open interest was up 458 contracts on Monday. Cash trade was light last week with a few early $234-235 sales. A few late sales were reported...
Lean hog futures were down 5 to 30 on Monday, with May up 15 cents at the close. USDA’s national base hog price was reported at $90.92 on Monday afternoon, up 40 cents from the day prior. The CME Lean...
Live cattle futures were 82 cents to $1.42 in the green on Monday. Cash trade was light last week with a few early $234-235 sales. A few late sales were reported at $238 in the south. Feeder cattle futures...
The weekly chart appears to be turning back to the bullish side. Are new contract highs ahead?
After the run up on the opening, there wasn't much left to the market.