Live cattle futures pulled off early lows to close with contracts up 17 cents in nearby December and down 45 cents to $1 in other contracts. Open interest was down 2,017 contracts. There were 15 deliveries...
Lean hog futures were 12 to 65 cents higher across most nearby contracts on Monday. Open interest was up 1,001 contracts. USDA’s national base hog price was reported at $70.04 on Monday afternoon, down...
Lean hog futures were 12 to 65 cents higher across most nearby contracts on Monday. USDA’s national base hog price was reported at $70.04 on Monday afternoon, down $1.49 from the day prior. The CME Lean...
Live cattle futures pulled off early lows to close with contracts up 17 cents in nearby December and down 45 cents to $1 in other contracts. There were 15 deliveries tendered on First Notice day on Monday,...
Uncertainty tames the hog rally
Oliver Sloup on Markets on the Move: A bearish head and shoulders pattern has been developing and confirming over the last several sessions, taking soybean futures to 6 week lows ahead of tomorrow’s...
With only cattlemen so optimistic about cattle prices moving sharply higher, and no one else the same, I think it possible, if not probable, that cattlemen shift from optimism that prices will move higher,...
Low-Cost Options, With Limited Risk
Live cattle futures are 42 cents to $2 lower so far on Monday. Last week’s cash trade was $220-222 early in the north, ending last week near $225. Sothern action was $225-226.50. Feeder cattle futures...
Lean hog futures are trading with 35 cent gains in the December contract with other contracts slightly lower. USDA’s national base hog price was not reported on Monday morning due to light volume. The...
