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Live cattle futures saw Monday losses of $1.60 to $2.75 across the front months on Monday. Cash trade was limited, with some $246-249 in the North and some southern trade up to $249. Feeder cattle futures...
Lean hog futures managed to close out Monday with gains of a tick to 50 cents. USDA’s national base hog price was reported at $91.28 on Monday afternoon, up $2.32 from the day prior. The CME Lean Hog...
The loss of Mexican cattle to produce has come home to roost.
Live cattle futures are trading with Monday midday losses of $1.92 to $2.95. Cash trade was limited, with some $246-248 in the North and some southern trade up to $249. Feeder cattle futures are down $3.65...
Lean hog futures are trading with contracts 30 to 75 cents higher at midday. USDA’s national base hog price was reported at $89.61 on Monday morning, up 65 cents from the day prior. The CME Lean Hog...
Lean Hog prices have a rhythm. Every year, supply peaks Oct–Dec as hog marketing hits full stride. More slaughter = more pork = seasonal pressure on wholesale prices. For speculators & hedgers, this...
Lean hog futures were up another 20 to 75 cents on Friday, as the bounce last week saw April rally $2.40. Preliminary open interest was up 1,045 contracts on Friday. USDA’s national base hog price was...
Live cattle futures were down 90 cent to $1.50 across the front months on Friday, as April was still $1.37 higher last week. Open interest was up 2,730 contracts on Friday. Cash trade was limited, with...
