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Cattle prices are breaking out of the recent trading range
Lean hog futures are up 80 cents to $1.60 in the front months. USDA’s national base hog price was reported at $86.27 on Tuesday morning, up $4.05 from the Monday afternoon total. The CME Lean Hog Index...
Live cattle futures are showing $1.32 to $1.87 in the nearby contracts. Cash trade settled in last week at $238-240 live across the country and $375-378 dressed. Early action this week has been quiet with...
Live cattle futures were in rally mode, up $2.30 to $2.75 across the nearbys on Monday. Open interest showed new buying, up 2,855 contracts. Cash trade settled in last week at $238-240 live across the...
Lean hog futures posted gains of $1.47 to $1.75 across most contracts on Monday, with front month February up 50 cents. Preliminary open interest was up 4,317 contracts on Monday. USDA’s national base...
With the on feed and inventory reports behind us, and them telling us what we already knew, there isn't a great deal to anticipate, but something from out of the blue, to change prices by much.
Live cattle futures are in rally mode, up $3.20 to $3.70 at midday. Cash trade settled in last week at $238-240 live across the country and $375-378 dressed. Feeder cattle futures are up $7 to $8.125 in...
Lean hog futures are trading $2 to $2.25 higher in the front months as Feb was up 80 cents. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index...
