Pork Cutout Feb '25 (KMG25)

Cattle futures saw the recent rally stall yesterday, with a mixed trade in fats and feeders. Lean hogs continued to retreat, breaking below the 200-day moving average for the first time.

Lean hog futures were steady to 50 cents lower on Wednesday, with expiring April up 20 cents. Open interest was up 2,303 contracts on Wednesday. USDA’s national base hog price was reported at $91.88...

Live cattle futures were down 35 cents to $1.40 on Wednesday, with April up a nickel. Open interest was down 4,944 contracts on Wednesday, suggesting new selling interest. There were 3 deliveries for April...

Lean hog futures were steady to 50 cents lower on Wednesday, with expiring April up 20 cents. USDA’s national base hog price was reported at $91.88 on Wednesday afternoon, up $1.11 from the day prior....

Live cattle futures were down 35 cents to $1.40 on Wednesday, with April up a nickel. There were 3 deliveries for April live cattle in Dodge City. Cash trade has been quiet so far this week, with a few...

In my minds eye, I see producers, laden with apples in their sacks, teetering on a dead limb to try to reach the last apple at the top.

Lean hog futures are trading with 40 to 70 cent losses at midday, with April up 22 cents as it expires today. USDA’s national base hog price was reported at $92.20 on Wednesday morning, up $1.94 from...

Live cattle futures are down 45 to 90 cents at midday. Cash trade has been quiet so far this week, as last week was $246-249 in the South and $249-250 in the north. The Thursday morning Fed Cattle Exchange...

Live cattle futures closed the Tuesday session with gains of $1.05 to $2.90 across the board. Open interest was up 2,043 contracts. Last week’s cash trade was at $246-249 in the South, with some northern...

Lean hog futures posted Tuesday losses of 5 to 72 cents, as April was steady ahead of the Wednesday expiration. USDA’s national base hog price was reported at $90.77 on Tuesday afternoon, up $1.73 from...