Live cattle futures were falling on Thursday, with contracts down $1.80 to $2.47 at the close. Cash trade kicked off on Thursday at $247-248 across the country, a $7-8 drop from last week. The Thursday...
Lean hog futures were mixed at the final bell on Thursday, with contracts down $1.50 in August to as much as 30 cents higher in the deferreds. USDA’s national base hog price was reported at $97.05 on...
Price erosion continues, with basis remaining wide.
Live cattle futures are falling $1.70 to $2 at midday Cash has been slow early this week with very little action early. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,356 head,...
Lean hog futures continue to bounce on Thursday, with contracts anywhere from $1.20 lower to 30 cents higher. USDA’s national base hog price was reported at $96.95 on Wednesday afternoon, up 6 cents...
October lean hog futures present a buying opportunity on more price strength.
Lean hog futures closed Wednesday with gains of $1.05 to $3.87. Open interest fell 3,035 contracts, mainly in the front months. USDA’s national base hog price was reported at $97.79 on Wednesday afternoon,...
Live cattle futures rounded out the Wednesday session with contracts 35 to 85 cents lower. Open interest slipped back 2,317 contracts. Cash has been slow early this week with very little action early....
Live cattle futures rounded out the Wednesday session with contracts 35 to 85 cents lower. Cash has been slow early this week with very little action early. The Wednesday Fed Cattle Exchange online auction...
Lean hog futures closed Wednesday with gains of $1.05 to $3.87. USDA’s national base hog price was reported at $97.79 on Wednesday afternoon, up $1.37 from the day prior. The CME Lean Hog Index was...