Live cattle futures have weakened, but this is not a story of expanding cattle supplies. Larger near-term feedlot inventories are pressuring prices, while fewer placements and a smaller calf crop point...
Lean hog futures are trading with contracts falling $1.35 to $2.12. USDA’s national base hog price was reported at $94.37 on Tuesday morning, up $2.69 from the day prior. The CME Lean Hog Index was down...
Live cattle futures are trading with contracts up 32 cents to $1.32 at midday. Cash trade has been quiet so far this week following last week’s $225-228 action. Feeder cattle futures are up 32 cents...
Live cattle futures slipped from the early session highs on Monday, with contracts closing 92 cents higher to 20 cents lower. Cash trade rounded out last week with $225-228 sales in the North and some...
Lean hog futures were mostly steady to 32 cents higher, as October was a tick higher. Open interest was up 3,029 contracts on Monday. USDA’s national base hog price was reported at $92.62 on Monday afternoon,...
Live cattle futures slipped from the early session highs on Monday, with contracts closing 92 cents higher to 20 cents lower. Cash trade rounded out last week with $225-228 sales in the North and some...
Lean hog futures were mostly steady to 32 cents higher, as October was a tick higher. USDA’s national base hog price was reported at $92.62 on Monday afternoon, down 68 cents from the day prior. The...
Cash market weakness drags down Hogs
Lean hog futures are up 10 to 25 cents so far on Monday. USDA’s national base hog price was reported at $91.68 on Monday morning, down $1.35 from the day prior. The CME Lean Hog Index was down 19 cents...
Live cattle futures are falling back 22 to 50 cents at midday, with August yup 67 cents. Cash trade rounded out the week with $225-228 sales in the North and some $228 Southern sales. Feeder cattle futures...