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Cash prices surge to new all-time highs and futures bounce back
Live cattle futures posted $1.20 to $2.05 higher trade across the board on Friday, with June holding up $5 on the week as the cash market was a driver. Cash trade was mostly $260-265 in the South this...
Lean hog futures posted 12 cent to $1.32 losses across the board on Friday, with June settling with a 12 cent gain on the week. USDA’s national base hog price was reported at $91.52 on Friday afternoon,...
Most contract months closed a little lower than last week, but for the most part, the week was filled with $5.00 to $9.00 ranges within the day.
Lean hog futures are falling $1.02 to $1.85 lower so far on Friday. USDA’s national base hog price was reported at $91.87 on Friday morning. The CME Lean Hog Index was back down 26 cents on May 13 at...
Live cattle futures are trading with contracts $1.3 to $1.55 higher at midday. Cash trade has seen some $260 sales in the South this week with, with northern trade at $408-415 dressed and $265 live. Feeder...
Live cattle futures retreated from early gains on Thursday with contracts down 32 to 72 cents at the close. Open interest suggested a rotation of ownership, down just 813 contracts. Cash trade has seen...
Lean hog futures saw losses of 45 cents to $1.35 in the front months on Thursday. USDA’s national base hog price was reported at $93.32 on Thursday afternoon, down $2.19 from the day prior. The CME Lean...