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Lean hog futures managed to close out Monday with gains of a tick to 50 cents. Open interest suggests new longs coming back in, up 3,655 contracts on the higher price movement. USDA’s national base hog...
Live cattle futures saw Monday losses of $1.60 to $2.75 across the front months on Monday. Open interest was up 923 contracts on Monday. Cash trade was limited, with some $246-249 in the North and some...
Live cattle futures saw Monday losses of $1.60 to $2.75 across the front months on Monday. Cash trade was limited, with some $246-249 in the North and some southern trade up to $249. Feeder cattle futures...
Lean hog futures managed to close out Monday with gains of a tick to 50 cents. USDA’s national base hog price was reported at $91.28 on Monday afternoon, up $2.32 from the day prior. The CME Lean Hog...
The loss of Mexican cattle to produce has come home to roost.
Live cattle futures are trading with Monday midday losses of $1.92 to $2.95. Cash trade was limited, with some $246-248 in the North and some southern trade up to $249. Feeder cattle futures are down $3.65...
Lean hog futures are trading with contracts 30 to 75 cents higher at midday. USDA’s national base hog price was reported at $89.61 on Monday morning, up 65 cents from the day prior. The CME Lean Hog...
Lean Hog prices have a rhythm. Every year, supply peaks Oct–Dec as hog marketing hits full stride. More slaughter = more pork = seasonal pressure on wholesale prices. For speculators & hedgers, this...
