Drought is an issue and changing the supply side of who gets to put the pounds on the cattle.
Grain Markets chopped around searching for an identity and news independent of oil, while livestock markets continued to come under pressure. All hands on deck for the last trading day before the long...
Livestock Slaughter - 2026-05-21
Live cattle futures are $3 to $4.90 across most contracts on Thursday. Cash trade has been limited so far this week with a few $260 sales in KS and $265 in the North. The Thursday Fed Cattle Exchange online...
Lean hog futures are down $1.65 to $1.92 across most contracts on Thursday. USDA’s national base hog price was not reported on Thursday morning due to thin trade. The CME Lean Hog Index was up 45 cents...
Lean hog futures closed the Wednesday session with contracts 17 cents to $1 lower across most months. USDA’s national base hog price was reported at $93.76 on Wednesday afternoon, down $1.11 from the...
Live cattle futures closed the Wednesday session with losses of 90 cents to $2.52. Cash trade has been limited so far this week with a few $260 sales in KS and $265 in the North. The Wednesday Fed Cattle...
If you came in this morning looking for a quiet Wednesday, the market had other plans. Grains got taken to the woodshed, and the fingerprints all over the scene came from outside the ag complex.
If I thought Tuesday was odd, what am I thinking today? I am in awe of the dynamic price movement, both higher and lower reflecting how discombobbled the market has become.