Metals are surging - what is this telling us?
Live cattle futures saw $1.85 to $2.40 gains to close out Friday, as Feb was $1.25 higher this week. Cash trade was softer his week at $228 across the country and $356-358 dressed. Feeder cattle futures...
Lean hog futures were steady to 40 cents higher on Friday, as February was a tick lower this week. USDA’s national base hog price was reported at $67.45 on Friday afternoon, down $1.20 from the day prior....
Live cattle futures are showing $2.17 to $2.70 gains on Friday. Cash trade got kicked off on Thursday, with a few sales at $228 across the country and $356-358. The Friday Fed Cattle Exchange online auction...
Lean hog futures are up 15 to 45 cent gains so far on Friday. USDA’s national base hog price was not reported on Friday morning due to thin volume. The CME Lean Hog Index was up 1 cent on December 17...
Live cattle futures were down 97 cents to $1.90 on Thursday. Preliminary open interest was up 1,151 contracts. There were 20 deliveries retendered at 1 cent on Thursday. Cash trade got kicked off on Thursday,...
Lean hog futures closed with Thursday gains of 95 cents to $1.12. Preliminary open interest was up just 1,023 contracts on Thursday. USDA’s national base hog price was down $1.06 in the Thursday afternoon...