In my opinion, traders started digging the Tiger trap early this week, believed in expectation of Friday's news.
Lean hog futures are trading with 5 to 90 cent losses across most contracts at midday. USDA’s national base hog price was reported at $93.03 on Friday morning, up $4.25 from the day prior. The CME Lean...
Live cattle futures are falling lower on Friday pressured by weaker cash and the Tyson closure, as contracts are down $3.12 to $5. Cash trade has been picked up with some $228-230 sales in the North. The...
The market fundamentals for beef are getting tighter. Here’s what sparked the latest Tyson plant closures.
Lean hog futures posted losses of 20 cents to $1.70 across most contracts. Open interest was down 2,487 contracts. USDA’s national base hog price was reported at $97.37 on Thursday afternoon, up $1.56...
Live cattle futures closed the Thursday session with contracts down $1.52 to $4.35 across the board. New selling interest was noted, with open interest up 3,259 contracts. There were no deliveries issued...
Live cattle futures closed the Thursday session with contracts down $1.52 to $4.35 across the board. There were no deliveries issued against August futures on Wednesday. Cash trade has been picked up with...
Lean hog futures posted losses of 20 cents to $1.70 across most contracts. USDA’s national base hog price was reported at $97.37 on Thursday afternoon, up $1.56 from the day prior. The CME Lean Hog Index...
Cattle Markets Look Nervous - Plant Closing - Soybean Oil Could Move North Very Soon - Sugar #11 Looks Very Strong