Live cattle futures are trading sharply lower at midday on Thursday, with a number of contract months down $3 per cwt or more. They posted $1.30 to $2.82 losses on Wednesday. Open interest was down 3,922...
Lean hog futures are mostly higher at midday on Thursday, with nearby August down a nickel as this is writer. Other contracts are up 47 to 87 cents. Lean hog futures posted gains of $1.05 to $2.35 across...
Lean hog futures posted gains of $1.05 to $2.35 across most contracts on Wednesday, with July up 7 cents on expiration. USDA’s national base hog price was reported at $100.66 on Wednesday afternoon,...
Live cattle futures closed with $1.30 to $2.82 losses on Wednesday. Open interest was down 3,922 contracts, suggesting length was continuing to come out. Cash trade started to pick up this week, with a...
Lean hog futures posted gains of $1.05 to $2.35 across most contracts on Wednesday, with July up 7 cents on expiration. USDA’s national base hog price was reported at $100.66 on Wednesday afternoon,...
Live cattle futures closed with $1.30 to $2.82 losses on Wednesday. Cash trade started to pick up this week, with a few light northern sales of $378-380 dressed and live action reported at $235-240 by...
Wheat did the heavy lifting today, finishing 5% higher for the day. Corn and soybeans tagged along, cattle got hit hard, but lean hog futures made new highs for the move! What's in store going forward?...
The price erosion has created an exceptionally wide positive basis, leaving producers with the aspect of "damned if you do and damned if you don't."
Live cattle futures are down another $1.30 to $1.90 at midday, to extend the losses. Cash trade has yet to get kicked off this week, with a few light northern sales of $378-380 dressed, $10-15 lower. Live...