Lean Hogs Feb '24 (HEG24)

Live cattle futures closed with mostly higher action, up 82 cents to $1.25, as the exception was February, down 12 cents. Open interest was up 214 contracts. Cash trade from last week settled in at $232-233...

Lean hog futures posted gains of $2.05 to $2.50 gains in the front months on Monday. Preliminary open interest was up 5,225 contracts. USDA’s national base hog price was reported at $66.36 on Monday...

Lean hog futures posted gains of $2.05 to $2.50 gains in the front months on Monday. USDA’s national base hog price was reported at $66.36 on Monday afternoon. The CME Lean Hog Index was back down 41...

Live cattle futures closed with mostly higher action, up 82 cents to $1.25, as the exception was February, down 12 cents. Cash trade from last week settled in at $232-233 across the country. Feeder cattle...

A strong start to first full week of the new year

With the higher price action of '25, and losses incurred,  rationing has begun to contract processing capacity.  I anticipate the same in production capacity as noted by other analyst's that some states...

Traders will be watching U.S.-China trade relations, a Russia-Ukraine peace deal, and new cases of the new world screwworm, among other catalysts as the new year kicks off.

Live cattle futures are up 20 cents in the nearby February contracts, with other months $1 to $1.50 higher. Cash trade from last week settled in at $232-233 across the country. Feeder cattle futures are...

Lean hog futures are showing $2.25 to $2.60 gains so far on Monday. USDA’s national base hog price was not reported on Monday morning due to thin volume. The CME Lean Hog Index was back down 41 cents...

The first trading day of the year put pressure on grain prices, but that has turned as we enter the first full week of the year. Oliver Sloup joined RFD-TV to break it down for you.