Live cattle futures are up 27 to 95 cents on Wednesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. The Wednesday Fed...
Lean hog futures are down 92 cents to $1.57 at Wednesday’s midday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price was reported at $94.79 on Wednesday morning,...
Lean hog futures posted 65 cent to $1.80 gains on Tuesday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price was not reported on Tuesday afternoon due to packer...
Live cattle futures posted gains of $1.47 to $2.92 across the board on Tuesday. Open interest was up 1,878 contracts. Cash trade from last week finished out near $256-257. It has been quiet so far this...
Lean hog futures posted 65 cent to $1.80 gains on Tuesday. USDA’s national base hog price was not reported on Tuesday afternoon due to packer submission issues. The CME Lean Hog Index was back down 27...
Live cattle futures posted gains of $1.47 to $2.92 across the board on Tuesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400...
WALSH PURE SPREADER - Pure Hedge Division
There is seemingly a lot of congestion at this top. Both packers and cattle feeders are losing money. Projected margins reflect significant losses for both.
Live cattle futures are trading 92 cents to $2.27 higher so far on Tuesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week. Feeder cattle futures are $4 to $5...