Live cattle posted gains of 45 cents to $1.55 across the nearbys on Monday. There were no deliveries issued against February live cattle on first norite day on Monday. Cash trade settled in last week at...
Lean hog futures were under pressure on Monday, with contracts closing 27 cents to $1.22 lower. USDA’s national base hog price was not reported on Monday afternoon due to low volume. The CME Lean Hog...
Managing the historic amount of working capital, to produce a pound of beef, has become increasingly more difficult.
Live cattle are trading with midday gains of 47 cents to $1.02 in the front months, but lower in the deferreds. Cash trade settled in at $240-244 in the north and $242-245 in the south. Feeder cattle...
Lean hog futures are trading with 35 cent to $1.37 losses at midday. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 19 cents higher on...
Bullish traders are nervously watching U.S. stock indexes and record volatility in gold, silver, and copper prices.
Lean hog futures saw mixed trade on Friday, with contracts 7 cents higher to 42 cents lower. February was up 12 cents last week. Open interest rose 3,972 contracts on Friday. USDA’s national base hog...
Live cattle saw Friday gains of $1.50 to $2.50, with February up $1.90 last week. Open interest was down 3,090 contracts. The Friday Fed Cattle Exchange online auction showed $242-243 sales on 761 of...
