Markets pressured and regained composure
Lean hog futures posted gains of 50 to 77 cents across most contracts on Friday, with October slipping 87 cents on the week. USDA’s national base hog price was reported at $94.27 in the Friday PM report,...
Live cattle futures pull off early losses on Friday, with contracts closing down 30 cents to $1.15 higher. October was up 95 cents on the week. Cash trade has picked up a few at $355-360 dressed and $223-227....
The final yield estiamtes from this year's crop tour were just released, here's a recap of this week's findings and price action.
In my opinion, so much transpired this week that it would take a novel to cover all the events.
Lean hog futures are showing 70 to 90 cent gains in most front months on Friday. USDA’s national base hog price was reported at $94.58 in the Friday AM report, up $1.83 from the day prior. The CME Lean...
Live cattle futures are trading with 60 to 90 cent losses at midday. Cash trade has picked up a few at $355-360 dressed and $223-227. The Friday morning Fed Cattle Exchange online auction showed no sales...
Trump’s tariff-free beef announcement adds more pressure to cattle, but the charts suggest live cattle may be nearing the end of a five-wave decline.
Live and feeder cattle futures prices have moved into short-term bearish trends, while the long-term path of least resistance remains higher. The end of the 2026 peak grilling season could push prices...