Tariffs, tariffs and more tariffs
Live cattle futures found some strength on Friday with higher cash movement, as contracts were up $2.30 to $3. August was up $8.15 this week. Cash trade picked up to $228-$230 on Friday, in the South,...
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Lean hog futures closed out Friday with losses of 50 cents to $1.65, as August was down $1.42 this week. USDA’s national base hog price was reported at $106.59 on Friday afternoon, dropping $5.74 from...
Cattle makes new all-time high for the lead contract
AUG-NOV SOYBEAN SPREAD (ZSQ25-ZSX25)
In my opinion, we are in the midst of discovering to what extent some will go in the attempt to maintain, or gain in market share.
Corn got the friendly report that many were hoping to see, however the market shrugged it off and made new contract lows. Weather continues to limit upside movement as conditions remain mostly favorable...
Live cattle futures are putting their rally pants back on, with contracts up 2 to $2.75 at midday. Cash trade has been limited this week, with some light $225 Southern action reported early and bids on...
Lean hog futures are trading with 30 to 65 cent losses on Friday’s midday. USDA’s national base hog price was reported at $106.04 on Friday morning, dropping $6.71 from the day prior. The CME Lean...