A common thread this week has been money. How much is needed, and how much more will be needed, continues to be discussed amongst producers and lenders.
Lean hog futures are up 20 cents in the expiring February, with other contracts 40 to 65 cents. Feb expires today. USDA’s national base hog price was not reported on Friday morning due to light volume....
Live cattle futures are trading with 47 cent gains in nearby February, with other contracts slightly lower. Cash trade remains quiet so far this week. There are a few bids of 238 in the North this morning....
Live cattle futures rounded out the Thursday session with contracts up 15 cents in nearby February and down 30 to 50 cents in other contracts. Cash trade remains quiet so far this week. The Thursday Fed...
Lean hog futures ended Thursday with contracts down $1.75 to $2.02, as soon to expire February was down 15 cents. Feb expires on Friday. Longs continue to exit, with open interest dropping 6,666 contracts....
Live cattle futures rounded out the Thursday session with contracts up 15 cents in nearby February and down 30 to 50 cents in other contracts. Cash trade remains quiet so far this week. The Thursday Fed...
Lean hog futures ended Thursday with contracts down $1.75 to $2.02, as soon to expire February was down 15 cents. USDA’s national base hog price was reported at $86.95 on Thursday afternoon, down $1.22...
A recovery off the low, and technical indicators turning higher, will be anticipated to further embolden cattle feeders.
Lean hog futures are extending this week’s losses, as contracts re down $2 to $2.50, with soon to expire February 15 cents lower. USDA’s national base hog price was reported at $87.00 on Thursday morning,...
Live cattle futures are down a nickel to 75 cents on Thursday. Cash trade has been quiet this week, with a few sales of $243 in KS reported on Wednesday. The Thursday Fed Cattle Exchange online auction...