The nearby summer cattle contracts were up triple digits as the back months gained 47 to 95 cents. The Board has sold off in the two weeks ahead of the Cattle on Feed report, and “bought the fact”...
Lean hog futures ended the day $1.15 to $2.05 in the black. Monday morning’s National Average Base Hog price for Monday afternoon was $106.25 after a $6.72 drop. CME’s Lean Hog Index for 5/19 is up...
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Cold Storage - 2022-05-23
Monday’s cattle market shows a 75 cent gain for June at midday, fading to a 12 cent gain by Oct. the deferred Dec contract is UNCH for midday, but still an $11 premium to the front month June. Traders...
So far for the Monday trade, lean hog futures are continuing their recovery with another triple digit bounce. Prices are up $0.37 to $1.40 with the nearbys leading the way. Monday morning’s National...
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Fat cattle prices ended the day with a 7 cent gain in June to 42 to 57 cent losses in the other nearbys. The spot futures price to Feb ’23 stayed near a $19 deferred premium at the close. Feeder cattle...
Following the mid/late April to mid May weakness, lean hogs have bounced back more than $10 with another $1.10 to $3.57 of that on Friday’s trade. The National Average Base Hog price for Friday was $110.15...
