Livestock futures gain ground in Tuesday’s trade, will they see follow through today?
Live cattle closed the Tuesday session with $1.60 to $2.72 gains, as boxed beef rallied for a second consecutive day. Cash action was mostly compiling showlists early this week. Last week was mixed, with...
Lean hogs saw some gains to round up the Tuesday session, up 7 to 87 cents across the board. USDA’s National Average Base Hog negotiated price was up $1.05 in the Tuesday afternoon print at $90.83. The...
Live cattle closed the Tuesday session with $1.60 to $2.72 gains, as boxed beef rallied for a second consecutive day. Cash action was mostly compiling showlists early this week. Last week was mixed, with...
Lean hogs saw some gains to round up the Tuesday session, up 7 to 87 cents across the board. USDA’s National Average Base Hog negotiated price was up $1.05 in the Tuesday afternoon print at $90.83. The...
Polar opposites in the basis of fats and feeders. In fats, it's $9.00 positive and in the feeders $14.00 negative. How is buying feeder cattle futures at a premium and selling fat futures at a discount...
The annual grilling season, when beef and pork demand tend to peak, begins in a few short weeks at the end of May on the Memorial Day weekend. Cattle prices remain near record highs, and hog futures have...
Live are up triple digits across the board on Tuesday, as contracts are up $2.25 to $3.50. Cash action was mostly compiling showlists on Monday. Last week was mixed, with the South seeing action anywhere...
Lean hogs are up 35 to 72 cents on Tuesday. USDA’s National Average Base Hog negotiated price was not reported this morning, with the Monday afternoon print at $89.78. The CME Lean Hog Index was down...
A few key economic indicator markets seem to be telling us the consumerism that has underpinned the US economy could be waning.