Live cattle futures are showing Friday gains of a quarter to $1.25 at midday. Light cash trade has been reported this week in the North at $225-227, with $228 reported in the South. Feeder cattle futures...
Lean hog futures are back up 40 to 70 cents on Friday. USDA’s national base hog price from Friday morning was not reported due to thin volume. The CME Lean Hog Index was down another 3 cents on November...
After reaching record highs in a bull market that began at the 2020 pandemic-inspired low, live and feeder cattle futures have run out of bullish steam. With the bull market turning into a bear market,...
In my opinion, the stranglehold cattle producers obtained from 2021 to 2024 was due to excessive printing of money, and maybe some drought.
Live cattle futures closed the Thursday session with contracts $5.47 to $6.27 lower. Light cash trade has been reported this week in the North at $225-227, with $228 reported in the South. There were sales...
Lean hog futures fell to weakness on Thursday, with contracts down $2.55 to $2.70. Open interest data from Thursday showed new short interest, rising 3,058 contracts. USDA’s national base hog price...
Lean hog futures fell to weakness on Thursday, with contracts down $2.55 to $2.70. USDA’s national base hog price from Thursday afternoon was reported at $77.86, down 92 cents from the day prior. The...
Live cattle futures closed the Thursday session with contracts $5.47 to $6.27 lower. Light cash trade has been reported this week in the North at $225-227, with $228 reported in the South. There were sales...
I heard it through the grapevine that some cattle feeders are marketing Bison sized cattle.
Live cattle futures are posting $3 to $3.50 losses so far at midday. Light cash trade has been reported this week in the North at $225-227, with $228 reported in the South. There were sales on 554 of the...