Commodities are believed being traded off the price movement of energy, and energy is believed being moved by comments the President made, that are questioned or unable to confirm.
Uncertainty from the conflict in the Middle East and higher gas prices are major catalysts for cattle and hog futures now.
Live cattle futures are trading with 50 to 75 cents higher action on Monday. Cash trade settled in late with $235-236 sales in the North and $235 in the South. Feeder cattle futures are posting 80 cent...
Lean hog futures are mixed at midday, with most contracts within 30 cents of unchanged. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was...
Headline risks remain high across asset classes, creating shorter term opportunities on both sides of the market. Oliver Sloup joins RFD-TV to break down for you.
Live cattle futures were rallying into the close, with gains of 77 cents to $1.72 on the day, as April was $3.15 higher last week. Cash trade settled in late with $235-236 sales in the North and $235 in...
Lean hog futures were weaker on Friday as contracts were down 20 to 77 cents at the close, with April down $2.175 last week. Open interest dropped 7,554 contracts on Friday. USDA’s national base hog...
Live cattle futures were rallying into the close, with gains of 77 cents to $1.72 on the day, as April was $3.15 higher this week. Cash trade settled in late with $235-236 sales in the North and $235 in...