Live cattle futures closed with contracts down 47 cents to 12 cents higher. Cash trade was at $247-248 across the country, a $7-8 drop from last week. Feeder cattle futures were 20 to 90 cents lower to...
Lean hog futures closed the Monday session with contracts down 80 cents to $1.20 on the day. USDA’s national base hog price was reported at $98.78 on Monday afternoon, up 48 cents from the day prior....
The focus is on the December and February fat cattle. Currently, they will be the most expensive inventory ever placed to date.
Live cattle futures are trading with contracts steady to 65 cents at midday. Cash trade was at $247-248 across the country, a $7-8 drop from last week. Feeder cattle futures are 95 cents to $1.45 higher...
Lean hog futures are mixed with July up a tick and other contracts down 50 cents. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 34 cents...
Lean hogs are taking a different path as prices rebound and keep an uptrend alive on the daily bar chart.
October live cattle futures present a selling opportunity on more price weakness.
Lean hog futures continued the mixed trend last week with contracts up 85 to 67 cents lower. August was up 25 cents on the week. Open interest was down 9,936 contracts on Friday. USDA’s national base...
Live cattle futures posted losses of $1.05 to 1.30 on Friday, with nearby August down a nickel. August was still down $4.02 last week. Open interest was down 3,470 contracts, suggesting longs were exiting....
