Cash prices surge to new all-time highs and futures bounce back
Lean hog futures posted 12 cent to $1.32 losses across the board on Friday, with June settling with a 12 cent gain on the week. USDA’s national base hog price was reported at $91.52 on Friday afternoon,...
Live cattle futures posted $1.20 to $2.05 higher trade across the board on Friday, with June holding up $5 on the week as the cash market was a driver. Cash trade was mostly $260-265 in the South this...
Most contract months closed a little lower than last week, but for the most part, the week was filled with $5.00 to $9.00 ranges within the day.
Live cattle futures are trading with contracts $1.3 to $1.55 higher at midday. Cash trade has seen some $260 sales in the South this week with, with northern trade at $408-415 dressed and $265 live. Feeder...
Lean hog futures are falling $1.02 to $1.85 lower so far on Friday. USDA’s national base hog price was reported at $91.87 on Friday morning. The CME Lean Hog Index was back down 26 cents on May 13 at...
Live cattle futures retreated from early gains on Thursday with contracts down 32 to 72 cents at the close. Open interest suggested a rotation of ownership, down just 813 contracts. Cash trade has seen...
Lean hog futures saw losses of 45 cents to $1.35 in the front months on Thursday. USDA’s national base hog price was reported at $93.32 on Thursday afternoon, down $2.19 from the day prior. The CME Lean...
Live cattle futures have had an extraordinary run in 2025 and into 2026, driven by the tightest domestic cattle supply since 1951 and sustained consumer beef demand that has held firm even as retail prices...