The nearby premiums for lean hog futures expanded by ~$2-$4 with July and August closing $2.55 to $2.97 higher and the deferreds ending $0.17 to $1.50 weaker. July now holds a $6.20 premium to August and...
Live cattle futures were down by $1.50 to $1.87 on Tuesday after ags mostly fell out of the extended weekend. Feeder cattle futures closed with $1.40 to $1.80 losses on the day. Fat cattle futures are...
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Are we nearing a near term low in the grain markets?
Today's trading is believed in regards to the consumer, and the shifts in discretionary spending habits believed in front of them. The consumer has already shifted several times. If the Fed carries on...
The July and August hog futures are up by +$2 so far as the board weakens to +$2 losses by the April contract. USDA’s National Average Base Hog price for Friday was $4.69 lower to $114.22. The 6/29...
Fat cattle futures are 60 cents to $1 weaker through midday. Feeders are also down by 70 to 90 cents. Confirmed cash trade for the week was mostly $137 in the South and $148 in the North. The CME Feeder...
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All of the headlines in food&bev this week
Summer’s July hog contract has a $6.63 premium to August, but under the index, with 10 calendar days left to trade. Positioning into the 4th of July weekend left the lean hog board mixed. Nearby futures...