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Class III Milk Futures Standard Spread (_S_SP_DLX8_DLQ0)

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Livestock and Grains round up and our actionable playbook for the last trading session in February'26

We analyze Livestock and Grains sector in this very brief report

ZMK26 : 321.4 (+0.16%)
ZCK26 : 445-6 (+0.51%)
PAM26 : 1,849.50 (+3.41%)
GFJ26 : 358.750s (-1.45%)
HGK26 : 6.1225 (+1.96%)
PLJ26 : 2,377.4 (+6.15%)
ZLK26 : 62.06 (+0.49%)
LEJ26 : 236.900s (-1.40%)
HOJ26 : 2.5688 (+1.70%)
RBJ26 : 2.2832 (+1.31%)
ZSK26 : 1167-6 (+0.37%)
ZWK26 : 584-0 (+1.65%)
Hogs Slip Lower on Thursday

Lean hog futures gave into weakness on Thursday, as contracts were down 25 to 50 cents at the close. USDA’s national base hog price was reported at $91.00 on Thursday afternoon, down 21 cents from the...

HEK26 : 100.350s (-0.35%)
HEJ26 : 95.725s (-0.49%)
HEM26 : 109.925s (-0.23%)
Cattle Falls Back on Thursday as Cash Slips

Live cattle futures were down $3 to $3.50 in most contracts at the close. Cash trade got kicked off with some $383 dressed in the North, with some $244-245 live. Southern bids have been $245 The Wednesday...

LEM26 : 233.400s (-1.39%)
LEJ26 : 236.900s (-1.40%)
LEG26 : 246.000s (unch)
GFJ26 : 358.750s (-1.45%)
GFH26 : 361.650s (-1.27%)
GFK26 : 355.300s (-1.48%)
Chart of the Day - April Live Cattle

Fundamentals remain bullish, but the technicals are weakening.

LEJ26 : 236.900s (-1.40%)
Shootin' the Bull about lines in the sand

The close below $239.10 April sets the stage for some definitive points of interest.

Cattle Falling on Thursday

Live cattle futures are down $3 to 4 cents at midday, with Feb steady. Cash trade has been quiet so far this week, with a few bids picked up at $243-244 in the North, and $245 in the South. The Wednesday...

LEM26 : 233.400s (-1.39%)
LEJ26 : 236.900s (-1.40%)
LEG26 : 246.000s (unch)
GFJ26 : 358.750s (-1.45%)
GFH26 : 361.650s (-1.27%)
GFK26 : 355.300s (-1.48%)
Hogs Slipping on Thursday

Lean Hog Futures are slipping back 2 to 35 cents at midday. USDA’s national base hog price was reported at $90.97 on Thursday morning, down 88 cents from the day prior. The CME Lean Hog Index was 36...

HEK26 : 100.350s (-0.35%)
HEJ26 : 95.725s (-0.49%)
HEM26 : 109.925s (-0.23%)
Hogs Look to Thursday After Gains This Week

Lean Hog Futures closed with 15 to 40 cent gains in the front months on Wednesday. Net new buying interest was noted, as OI rose 3,285 contracts. USDA’s national base hog price was reported at $91.21...

HEK26 : 100.350s (-0.35%)
HEJ26 : 95.725s (-0.49%)
HEM26 : 109.925s (-0.23%)
Cattle Pop Higher on Wednesday as Traders Look to Thursday Trade

Live cattle futures saw Wednesday trade close with gains of 97 cents to $1.17 in the front months. Open interest suggested net new buying, up 1,746 contracts. Cash trade has been quiet so far this week....

LEM26 : 233.400s (-1.39%)
LEJ26 : 236.900s (-1.40%)
LEG26 : 246.000s (unch)
GFJ26 : 358.750s (-1.45%)
GFH26 : 361.650s (-1.27%)
GFK26 : 355.300s (-1.48%)
Hogs Continue to Push Back Higher on Wednesday

Lean Hog Futures closed with 15 to 40 cent gains in the front months on Wednesday. USDA’s national base hog price was reported at $91.21 on Wednesday afternoon. The CME Lean Hog Index was 18 cents higher...

HEK26 : 100.350s (-0.35%)
HEJ26 : 95.725s (-0.49%)
HEM26 : 109.925s (-0.23%)
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