Lean hog futures are up a tick to $1.10 in the front months on Friday. USDA’s national base hog price was not reported on Friday morning. The CME Lean Hog Index was back down 7 cents on June 24 at $91.78...
Live cattle are 35 cents to $1.20 in the red at midday. Cash trade saw some very light volume $260 live and $408 dressed in the north on Wednesday, with a few bids at $255. The Friday morning Fed Cattle...
August lean hog futures present a buying opportunity on more price strength.
Lean hog futures posted Thursday losses of a dime to $1.15 in the front months, with other contracts steady to 37 cents higher. Open interest was up 2,921 contracts, mainly in October and beyond. USDA’s...
Live cattle were steady to $1.40 higher on Thursday, with December down a dime. Open interest was down 503 contracts on Thursday. Cash trade saw some very light volume $260 live and $408 dressed in the...
Lean hog futures posted Thursday losses of a dime to $1.15 in the front months, with other contracts steady to 37 cents higher. USDA’s national base hog price was reported at $95.29 by USDA on Thursday...
Live cattle were steady to $1.40 higher on Thursday, with December down a dime. Cash trade saw some very light volume $260 live and $408 dressed in the north on Wednesday, with a few bids at $255 on Thursday....
Your eyes do not deceive you. There was green on the screen today with soybeans leading the way with gains of over 20 cents, again having us wonder if China is back in the U.S. market for import needs....
After today's trading activity, what to be prepared for is the price being paid for new inventory and potentially not the support of the rest of the industry for doing such.