April hogs saw new lows on Monday after trading to levels not seen since December of 2021. At the close, the board was ~30 cents off the day’s low, but still down $2 to $3.75. Feb hogs were the outlier,...
Cattle started the new week with gains, closing out Monday up by 17 to 55 cents in the front months. There were no deliveries issued against Feb fats on first notice day, as CME showed the oldest long...
Hog smack down
It appears so far that marketing's of stocker and feeder cattle will keep ample cattle on feed into June. Last week did show some lower volumes of sales, primarily due to the inclement weather across...
Cattle futures finished higher today for both the fats and feeders. Market fundamentals are strong to start this week which is driving these prices and looking like a breakout in the market. Last week...
The Chinese spy-balloon has raised concerns over trade relations between China and the US, which could impact demand for pork.
Monday action in the hog market has futures down by at least $2.50 across the front months. Feb is the outlier on the board with a 15 cent gain so far. The April contract is below its closely watched October...
Front month fat cattle futures are up with 32 to 62 cent gains so far. The back months are in the red, but only by 2 cents at midday. USDA reported light cash trade in the WCB mostly near $154 on Thursday....
Cattle futures have been trending higher since the 2020 pandemic-inspired lows. Higher feed prices and inflation have caused beef prices to rise, but cattle are in the crosshairs of environmentalists because...
Last week both the feeder and live cattle futures curves closed higher. The February’23 contract was trading +$3.10/cwt at $159.825/cwt and the March’23 feeder contract was +$2.575/cwt at $180.050/cwt....