Hogs retest resistance
With the on feed and inventory reports behind us, and them telling us what we already knew, there isn't a great deal to anticipate, but something from out of the blue, to change prices by much.
Fats and Oils - 2026-02-02
Live cattle futures are in rally mode, up $3.20 to $3.70 at midday. Cash trade settled in last week at $238-240 live across the country and $375-378 dressed. Feeder cattle futures are up $7 to $8.125 in...
Lean hog futures are trading $2 to $2.25 higher in the front months as Feb was up 80 cents. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index...
A reversal in the US Dollar over the last few sessions, along with a change in commodity flows that comes with it has altered the near term technical landscape for grains
A softer end to the week for livestock markets. Will the pressure resume or will buyers step in?
Lean hog futures posted weaker Friday trade, with contracts down 30 to 45 cents in the nearbys. February was down $1.10 last week. Open interest was up 2,647 contracts on the day. USDA’s national base...
Live cattle futures fell weaker on Friday, as most contracts fell 47 cents to $1.75. February was an exception, up 35 cents on cash strength, with the weekly move +95 cents. Friday’s open interest was...
New trading month begins Monday
