US dollar index starting to break lower - will it last?
Cash Market surges; cattle follows; hogs work higher
Live cattle futures extended the rally on Friday, with contracts up $1.67 to $3.67 in the front months and weaker in the deferreds. A few cash sales were reported early this week at $201 in the South,...
Lean hog futures closed with gains of 17 cents to $1 on Friday. The national average base hog negotiated price was reported at $80.38 on Friday afternoon, down $1.87 from the day prior. The CME Lean Hog...
In my opinion, the cattle market is attempting to ration the number of producers and processing capabilities for the amount of inventory available.
Cold Storage - 2025-01-24
Live cattle futures are extending the rally on Friday, with contracts up $1.70 to $3.70. A few cash sales were reported early this week at $201 in the South, with some at $202. Northern trade has jumped...
Lean hog futures are trading with contracts up 7 to 20 cents. The national average base hog negotiated price was reported at $78.12 on Friday morning. The CME Lean Hog Index was reported at $81.93 on January...