Weekend Black Sea & Hormuz activity could stimulate further rally
Choosing the right direction is an important first step, but it rarely tells the entire story. Learn why factors such as timing, contract selection, and trade structure can dramatically influence the historical...
Cattle markets sink to new lows, taking cash prices with t
Lean hog futures posted mostly higher trad on Friday, with contracts up 25 cents to $1.37 at the close. August was up $2.65 this week. USDA’s national base hog price was reported at $99.32 Friday afternoon,...
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240 in the north this week, with Southern trade at...
In my opinion, increasing imported beef is undercutting US beef production from US cattle.
Less liquidity means smaller rallies
Lean hog futures are trading with 50 cent to $1.02 gains across most contracts at midday. USDA’s national base hog price was reported at $96.68 Friday morning, down $3.49 from the day prior. The CME...
Live cattle futures are trading with $1.77 to $2.17 losses across most contracts on Friday. Cash trade started to pick up, with a few light northern sales of $378-380 dressed and live action reported at...
Lean hog futures posted 20 to 60 cent gains in most contracts, with August down a nickel. Open interest was down 2,966 contracts, suggesting some shorts covering. USDA’s national base hog price was...
