Live cattle futures closed the Thursday session with contracts down $2.80 to $3.92 despite a failed midday rally off the lows. Cash trade has seen action kick off at $256-260 so far through Thursday, with...
Lean hog futures posted mixed action on Thursday, with front months down 20 to 32 cents and the rest of the board up a nickel to 80 cents. The CME Lean Hog Index was back up 9 cents on May 5 at $91.19....
There are a few factors that appeared today that may be some of the reason for the lower trade.
Darin Newsom suggests that recent commodity market declines are driven by speculative liquidation and false headlines regarding a ceasefire in Iran, though he anticipates a rally next week fueled by renewed...
Lean hog futures are showing steady trade on Thursday, with some contracts up a nickel. USDA’s national base hog price was not reported on Thursday morning due to thin volume. The CME Lean Hog Index...
Live cattle futures are trading with $1.55 to $2.70 losses at midday, but bouncing off early session lows. Cash trade has seen a few $256 sales so far this week. The Thursday Fed Cattle Exchange online...
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Open interest rose modestly on Wednesday, up 2,065 contracts. Cash trade from last week finished...
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. Open interest showed 2,867 contracts rolling out of the June contracts, with the rest of the board OI up 2,229. USDA’s national base...
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down 86 cents from the day prior. The CME Lean Hog Index...