Lean hog futures gapped lower before attempting a turnaround Tuesday. The bounce quickly faded and had the front months down by triple digits into the midday prints. By the close, August futures were down...
Live cattle losses were limited to 75 cents in the front months. June fats closed a nickel higher on limited OI during the delivery process. There remain no deliveries against June cattle through 6/27,...
Half the year is over with this week. The two biggest beef eating months of May and June are gone now, with the 4th of July probably the last day left of any huge beef eating event for the year.Â
Lean hog futures are extending the drop out of the weekend with front month losses of $0.07 to $1.27 through midday. USDA’s National Average Base Hog price was up 31 cents for Tuesday morning to $114.54....
Front month live cattle futures are firm in the June contract, but down 32 to 52 cents in the other nearbys. Feeder cattle are down by triple digits seeing the bounce back in grain feed prices. Live cattle...
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Live cattle futures printed wide +$2 ranges to start the week. Futures initially gapped higher on the CoF report, but after filling the gap the board went home just 10 to 90 cents higher. Front month feeder...
Front month lean hog futures began the new week of trade with losses of $0.65 to $1.90. The August contract was down the most, but is still a $13.85 premium to October. USDA’s National Average Base Hog...
