There is not a great deal to discuss. Consumers appear more impacted by the 5 years of inflation, the persistent and elevated rate of inflation, and most recently a significant rise in commodity inflation,...
Lean hog futures are trading with mixed action on Wednesday, with contracts down 40 cents to 55 cents higher. USDA’s national base hog price was reported at $89.83 on Wednesday morning, down $1.90 from...
Live cattle futures are trading with $1.44 to $1.55 losses on Wednesday. Early cash trade this week has been quiet with a few light sales of $246 floating around in KS, but not enough for a trend. The...
Consider buying a put option on June live cattle futures.
Lean hog futures saw a Tuesday recovery after gapping higher, with contracts up 12 cents to $1.47 at the close. Open interest was down 1,633 contracts. USDA’s national base hog price was reported at...
Live cattle futures posted $1.52 to $2.52 losses on Tuesday. Open interest slipped back 1,458 contracts on Tuesday. Early cash trade this week has been quiet with a few light sales of $246 floating around...
Live cattle futures posted $1.52 to $2.52 losses on Tuesday. Early cash trade this week has been quiet with a few light sales of $246 floating around in KS, but not enough for a trend. Feeder cattle futures...
Lean hog futures saw a Tuesday recovery after gapping higher, with contracts up 12 cents to $1.47 at the close. USDA’s national base hog price was reported at $92.65 on Tuesday afternoon, up 52 cents...
We could see a lower trade across the board tomorrow. Risk Off Environment
Daily Live and Feeder Cattle charts have made a bearish turn. Potential double top in weekly charts?