Lean hog futures closed the Thursday session with contracts 57 cents to $1.05 higher. Open interest suggested short covering, down 1,592 contracts. USDA’s national base hog price was reported at $72.65...
Live cattle futures posted Thursday gains of $1.75 to $2.50 at the close. Preliminary open interest was up 3,705 contracts. Cash trade kicked off on Thursday with some light action at $220 in the north....
Pre-dawn Friday finds markets on the threshold of another weekend, and all the Chaos that can bring.
Live cattle futures posted Thursday gains of $1.75 to $2.50 at the close. Cash trade kicked off on Thursday with some light action at $220 in the north. Sothern action has been limited to bids of $218....
Lean hog futures closed the Thursday session with contracts 57 cents to $1.05 higher. USDA’s national base hog price was reported at $72.65 on Thursday afternoon, up $0.56 from the day prior. The CME...
Cattle feeders continue to inhale negative margins. Futures traders are gracious in now providing a negative basis, but not gracious enough to reduce the negative margins.
Live cattle futures are trading with $1.50 to $2 gains at midday. Cash trade has been quiet so far this week, with some northern bids at $216 and southern bids at $218. Feeder cattle futures are extending...
Lean hog futures are trading with 50 cent to $1 gains at midday. USDA’s national base hog price was reported at $72.08 on Thursday morning, up $3.07 from the day prior. The CME Lean Hog Index was back...
Lean hog futures closed with gains of 5 to 90 cents on Wednesday. Preliminary open interest was down 1,552 contracts. USDA’s national base hog price was reported at $72.09 on Wednesday afternoon, up...
Live cattle futures closed the Wednesday session with contracts up 47 cents to $1.10. Open interest was down just 906 contracts. Cash trade has been quiet so far this week. The Wednesday Fed Cattle Exchange...