Cattle markets sink to new lows, taking cash prices with t
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240 in the north this week, with Southern trade at...
Lean hog futures posted mostly higher trad on Friday, with contracts up 25 cents to $1.37 at the close. August was up $2.65 this week. USDA’s national base hog price was reported at $99.32 Friday afternoon,...
In my opinion, increasing imported beef is undercutting US beef production from US cattle.
Less liquidity means smaller rallies
Live cattle futures are trading with $1.77 to $2.17 losses across most contracts on Friday. Cash trade started to pick up, with a few light northern sales of $378-380 dressed and live action reported at...
Lean hog futures are trading with 50 cent to $1.02 gains across most contracts at midday. USDA’s national base hog price was reported at $96.68 Friday morning, down $3.49 from the day prior. The CME...
Lean hog futures posted 20 to 60 cent gains in most contracts, with August down a nickel. Open interest was down 2,966 contracts, suggesting some shorts covering. USDA’s national base hog price was...
Live cattle futures rounded out the Thursday session with contracts down $2.35 to $3.05. Open interest was up 387 contracts. Cash trade started to pick up, with a few light northern sales of $378-380 dressed...
Live cattle futures rounded out the Thursday session with contracts down $2.35 to $3.05. Cash trade started to pick up, with a few light northern sales of $378-380 dressed and live action reported at $238-240...