Darin Newsom suggests that recent commodity market declines are driven by speculative liquidation and false headlines regarding a ceasefire in Iran, though he anticipates a rally next week fueled by renewed...
Lean hog futures are showing steady trade on Thursday, with some contracts up a nickel. USDA’s national base hog price was not reported on Thursday morning due to thin volume. The CME Lean Hog Index...
Live cattle futures are trading with $1.55 to $2.70 losses at midday, but bouncing off early session lows. Cash trade has seen a few $256 sales so far this week. The Thursday Fed Cattle Exchange online...
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Open interest rose modestly on Wednesday, up 2,065 contracts. Cash trade from last week finished...
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. Open interest showed 2,867 contracts rolling out of the June contracts, with the rest of the board OI up 2,229. USDA’s national base...
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down 86 cents from the day prior. The CME Lean Hog Index...
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a...
There appears very little left to the supply side story of cattle.
Live cattle futures are up 27 to 95 cents on Wednesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. The Wednesday Fed...
Lean hog futures are down 92 cents to $1.57 at Wednesday’s midday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price was reported at $94.79 on Wednesday morning,...