Exceptional volatility and price expanse continued today.
Lean hog futures are in rally mode on Wednesday, with contracts up $3 to $3.25, as nearby May is down a nickel. USDA’s national base hog price was reported at $95.17 on Wednesday morning, up 24 cents...
Live cattle futures are trading with $4 to $5.30 gains in the front months. Cash trade has seen some $260 sales in the South early this week. The Wednesday morning Fed Cattle Exchange online auction showed...
Lean hog futures posted losses of 75 cents to $1.80 across most contracts on Tuesday, with May up a nickel. Open interest was up 4,306 contracts. USDA’s national base hog price was reported at $95.19...
Live cattle futures posted $1.70 to $2.80 losses across most front months. Open interest suggested longs exiting, down 2,268 contracts Cash trade has been quiet this week, with a few bids of $260. Last...
Live cattle futures posted $1.70 to $2.80 losses across most front months. Cash trade has been quiet this week, with a few bids of $260. Last week settled in at $256-260, with southern action $256-258...
Lean hog futures posted losses of 75 cents to $1.80 across most contracts on Tuesday, with May up a nickel. USDA’s national base hog price was reported at $95.19 on Tuesday afternoon. The CME Lean Hog...
WASDE Report Sends the Grains Higher - Nervous Livestock Markets Dive Lower
Today's market venue is not for the faint of heart. Massive volatility and price expanse are expected to inflict heavy casualties in the cattle industry.
The 2026 peak grilling season begins at the end of this month, and cattle prices are near record highs. Lean hogs are trading near $1 per pound and could have upside potential as demand increases in the...