A few key economic indicator markets seem to be telling us the consumerism that has underpinned the US economy could be waning.
Live cattle closed the Monday session with contracts mostly 5 to 72 cents lower, as a couple spring 2025 contracts were slightly higher. Cash was mixed around last week, with the South seeing action anywhere...
Lean hogs were down 5 cents to $1.40 across most contracts. USDA’s National Average Base Hog negotiated price was up $1.37 on Monday afternoon at $89.78. The CME Lean Hog Index was up just 4 cents...
Live cattle closed the Monday session with contracts mostly 5 to 72 cents lower, as a couple spring 2025 contracts were slightly higher. Cash was mixed around last week, with the South seeing action anywhere...
Lean hogs were down 5 cents to $1.40 across most contracts. USDA’s National Average Base Hog negotiated price was up $1.37 on Monday afternoon at $89.78. The CME Lean Hog Index was up just 4 cents...
Lots in the Markets Today
Hogs fail to hold early rally and breaks down to new low for down move
A near $4.00 range was created in a few contract months of the feeder cattle. Computer traders were either anxious to get the week started, or maybe a few humans were, but whom ever wanted futures higher. ...
Lean hogs are showing losses of 20 to 75 cents across most contracts on Monday. USDA’s National Average Base Hog negotiated price was not reported on Monday morning due to thin volume, with the 5-day...
Live cattle are steady to 40 cents lower across most contracts on Monday. Cash was mixed around last week, with the South seeing action anywhere from $183-185, and the North at $186-187. Feeders are rallying...