Front month lean hog futures are trading with losses of as much as 3.64% so far April is down the most at midday. USDA’s National Average Base Hog price for Wednesday morning was delayed due to packer...
Live cattle prices are about 20 cents off their earlier lows for Wednesday but are still down by 57 to 85 cents at midday. Feeders are down by triple digits so far on 0.7% to 1.25% losses. USDA has little...
Lean hog futures ended the Tuesday session mostly lower, except for the May contract which was up by 40 cents. The other front months were down by 10 to 30 cents at the bell. USDA’s National Average...
Nearby cattle settled mixed but mostly lower and within 40 cents of UNCH on pre-report positioning. The feeder cattle market was up by triple digits ahead of the Inventory report, led by a 1.21% gain in...
The US beef market continues to get more complicated as boxed beef prices fall and cast cattle prices continue to rise, all while global demand is being called into question.
Lean hog futures ended the Tuesday session mostly lower, except for the May contract which was up by 40 cents. The other front months were down by 10 to 30 cents at the bell. USDA’s National Average...
Nearby cattle traded in a mostly tight range, and settled mixed but mostly lower within 40 cents of UNCH for pre-report positioning. The feeder cattle market was up by triple digits ahead of the report,...
