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Wed, Sep 26th, 2018
[[ timeframe ]] futures price quotes as of Wed, Sep 26th, 2018.
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cmdty Insider - Ag Market Commentary

Tue Sep 25, 5:12PM CDT
Lean hog futures posted 45 cent to $1.425 gains in the front months on Tuesday. The CME Lean Hog Index was up $1.74 on September 21 to $60.85. The USDA pork carcass cutout value was 43 cents higher on Tuesday afternoon at $80.45. The national base hog carcass value was $1.90 higher in this afternoon’s report at $62.50. Weekly FI hog slaughter through Tuesday was estimated at 944,000 head. That is up 106,000 head from last week and 23,000 head larger than the same week last year. President Trump signed the KORUS trade agreement with South Korea, extending zero duty US access to the South Korean market for a number of meat products.Oct 18 Hogs closed at $62.425, up $1.425,Dec 18 Hogs closed at $57.750, up $0.775Feb 19 Hogs closed at $65.900, up $0.450
Tue Sep 25, 5:12PM CDT
Live cattle futures ended the Tuesday session with steady to 25 cent gains. Feeder cattle futures were up 10 to 50 cents in the front months. The CME feeder cattle index on September 24 was up 49 cents at $157.83. Wholesale boxed beef values were lower on Tuesday afternoon. Choice boxes were down 43 cents to $205.73, while Select boxes were 52 cents higher at $194.87. USDA estimated FI cattle slaughter at 239,000 head through Tuesday. That is up 5,000 from last week and 3,000 head above the same week in 2017.Oct 18 Cattle closed at $112.350, up $0.175,Dec 18 Cattle closed at $117.200, up $0.200,Feb 19 Cattle closed at $121.550, up $0.250,Sep 18 Feeder Cattle closed at $156.625, up $0.175Oct 18 Feeder Cattle closed at $156.475, up $0.175Nov 18 Feeder Cattle closed at $156.425, up $0.500
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