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Last week produced what is believed to have been the marketing opportunity for the year with basis having narrowed, swapped in some cases, and new contract highs everywhere.
Lean hog futures are showing 15 to 62 cent gains in the front months on Monday. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was down...
Live cattle futures are trading with contracts down a quarter to $1 at midday. Cash trade was picked up last week at $248 across the country. Feeder cattle futures are $1.82 to $3.10 lower across the front...
The past decade has taught has to predict what will be said, and why, leading to the rise of predictive market websites as "trading" platforms, among other things.
Live cattle futures closed Friday seeing some strength off the lows but closing down 22 to 87 cents. April was down $1.82 last week. Open interest was down 4,383 contracts on Friday. Cash trade has picked...
Lean hog futures closed Friday with contracts down a tick to 67 cents, as June was down $2.67 this week. Open interest was down 3,949 contracts on Friday. USDA’s national base hog price was reported...
Live cattle futures closed Friday seeing some strength off the lows but closing down 22 to 87 cents. April was down $1.82 this week. Cash trade has picked up this week, with $248 sales across the country,...
Lean hog futures closed Friday with contracts down a tick to 67 cents, as June was down $2.67 this week. USDA’s national base hog price was reported at $90.28 on Friday afternoon, up 12 cents from the...
Cattle Markets Crash and recover in front of the Cattle on Feed report
