Hogs start week on a negative note
Live cattle futures posted gains of 75 cents to $3 across the board on Monday. Sharp gains in the equities following the weekend deal between the US and Iran offered spillover support. Cash trade was mostly...
Lean hog futures closed with losses of 40 cents to $1.15 on Monday. USDA’s national base hog price was reported was $97.25 on Monday afternoon, up $1.98 from the day prior. The CME Lean Hog Index was...
Well, higher or lower, the right shoulder is built, in the final stages of, or actually nonexistent.
Corn futures made new lows in the overnight trade, but caught a wave of buying during the most important time of the trading day.
Live cattle futures are trading with gain of 42 cents to $2.35 at midday. Sharp gains in the equities following the weekend deal between the US and Iran are providing spillover support. Cash trade finally...
Lean hog futures are posting midday weakness on Monday of 27 cents to $1.25. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was down 15...
No one likes uncertainty.
Live cattle futures gave back some of last week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents last week. Friday’s open interest was up just 386...
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 last week. Open interest was up 1,581 contracts on Friday. USDA’s national...