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Livestock News and Commentary

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Fri, Dec 13th, 2024
Hog Bulls Gain Back Ground on Friday

Lean hog futures rallied to close out the week, with contracts up 97 cents to $1.35 and Dec rolling off the board up 17 cents. February was up just 47 cents this week. The national average base hog negotiated...

HEZ24 : 83.725s (+0.21%)
HEG25 : 85.600s (+1.33%)
HEJ25 : 89.750s (+1.47%)
Cattle Head into the Weekend Mixed

Live cattle futures held gains of 22 cents to $1.52 in the front months on Friday, with deferreds 17 to 25 cents lower. February was up $5.85 on the week spurred by the cash strength. Cash action was at...

LEJ25 : 193.000s (+0.43%)
LEZ24 : 193.650s (+0.79%)
LEG25 : 192.025s (+0.62%)
GFF25 : 257.650s (-0.27%)
GFH25 : 257.675s (-0.35%)
GFJ25 : 258.525s (-0.27%)
Pure Hedge - Livestock and Grain

Sell them when you can, Sell them now, Sell them often.

Shootin' the Bull about margins/no margins

As prices move higher, it will ration the number of producers that can assume the greater financial risks, as well as continue to promote alternative factors of beef production.  That is what rationing...

Hogs Rally Back on Friday

Lean hog futures are fighting back on Friday with contracts up $1.15 to $1.40 as Dec rolls off the board today. The national average base hog negotiated price was reported at $78.36 on Friday morning,...

HEZ24 : 83.725s (+0.21%)
HEG25 : 85.600s (+1.33%)
HEJ25 : 89.750s (+1.47%)
Live Cattle Higher, Feeders Head Lower

Live cattle futures are holding higher with gains of 37 to 87 cents. Cash action has seen $191-192 trade in the South this week, with action up to $195-196 in the North. There were no deliveries issued...

LEJ25 : 193.000s (+0.43%)
LEZ24 : 193.650s (+0.79%)
LEG25 : 192.025s (+0.62%)
GFF25 : 257.650s (-0.27%)
GFH25 : 257.675s (-0.35%)
GFJ25 : 258.525s (-0.27%)
Hogs Sneak Out Thursday Gains

Lean hog futures settled with 5 to 20 cent gains on Thursday. The national average base hog negotiated price was reported at $79.02 on Thursday afternoon, which was down $2.37 from the day prior. The CME...

HEZ24 : 83.725s (+0.21%)
HEG25 : 85.600s (+1.33%)
HEJ25 : 89.750s (+1.47%)
Cattle Retreat on Thursday

Live cattle futures reverted lower on Thursday with contracts down 12 cents to $1.22 at the close. Early cash action has seen $191 trade reported in KS this week, with action up to $195-196 in NE reported...

LEJ25 : 193.000s (+0.43%)
LEZ24 : 193.650s (+0.79%)
LEG25 : 192.025s (+0.62%)
GFF25 : 257.650s (-0.27%)
GFH25 : 257.675s (-0.35%)
GFJ25 : 258.525s (-0.27%)
Cattle Makes New High Then Falls Back

Cattle Makes new all-time high for the lead contract then breaks down

Cattle Fall Back on Thursday

Live cattle futures reverted lower on Thursday with contracts down 12 cents to $1.22 at the close. Early cash action has seen $191 trade reported in KS this week, with action up to $195-196 in NE reported...

LEJ25 : 193.000s (+0.43%)
LEZ24 : 193.650s (+0.79%)
LEG25 : 192.025s (+0.62%)
GFF25 : 257.650s (-0.27%)
GFH25 : 257.675s (-0.35%)
GFJ25 : 258.525s (-0.27%)

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Barchart
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JUST IN 🚨: MicroStrategy $MSTR added to the Nasdaq 100. All $QQQ investors are now Bitcoin $BTC investors! https://t.co/N5QgNXJSps https://t.co/wnlGIs8exZ
Barchart
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10-Year minus 3-Month Treasury Yield Curve has officially un-inverted for the first time since October 2022. This marks the end of the longest Yield Curve inversion in history! Congrats everyone, we did it 🥳🫡🫂 https://t.co/S6FmrRk7ll
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Uranium at its lowest price in 13 months! https://t.co/gBPabyPuNR
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BREAKING 🚨: Advanced Micro Devices $AMD falls to lowest closing price in more than 1 year 📉 https://t.co/HMVOK2tFPb https://t.co/D6NNfjkMEe
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Broadcom $AVGO joins the $1 Trillion Club as it soars more than 24% for its biggest single-day gain in history 🚨 https://t.co/GxKQpoqvcU
Barchart
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Topics for this week's Market on Close: 1. Volmageddon 2.0 2. Apple $AAPL soars 3. Tesla $TSLA sends bears into disbelief 3. Time to Buy Gold? 4. Huge announcement (maybe) for MicroStrategy $MSTR 5. Will $QQQ investors be forced to own Bitcoin $BTC? Link: https://t.co/3pgoVw15p1 https://t.co/5xoY2H5gnO
Barchart
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Tesla jumps to another all-time high 🚨 $TSLA has now made an ATH in 3 consecutive days, finishing the week strong 💪 https://t.co/ToohbpUhyE
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I was hoping for a steak this weekend, but I guess I'll do lentils! Cattle finishes the week with its highest closing price in history 🚨 https://t.co/tdd02rhe9x
Barchart
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Cocoa on the verge of another all-time high 🚨 https://t.co/5b0QzTgNkX
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From Interactive Brokers $IBKR Founder Thomas Peterffy regarding the current stock market conditions 🚨 Probably Fine? https://t.co/MUEjDlaO2P

Chart of the Day

The Realreal Inc (REAL)

Summary The RealReal (REAL) has shown exceptional price appreciation, gaining 142% since a Trend Seeker buy signal on 11/5, with strong technical indicators. The company operates an online marketplace for luxury goods, with significant growth in revenue and earnings expected over the next two years. Despite strong technical signals, analysts...
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