Live cattle futures ended Thursday with contracts rallying off of early weakness, up 15 cents to $1.05. This morning’s Central Stockyards FCE online auction showed no sales on the 1,100 head. Bids ranged...
Lean hog futures closed with 10 to 97 cent losses prior to the quarterly NASS report on Thursday. The national average base hog price was reported at $78.18 on Thursday afternoon, up $1.14 from the previous...
Price action today is pretty much unexplainable, without some conspiracy theories.
Cold Storage - 2024-09-26
It was a choppy day in the grain and livestock markets as traders gear up for next week's quarterly report.
Lean hog futures are heading into the quarterly NASS report with contracts down 97 cents to $2.10. The national average base hog price was reported at $77.76 on Wednesday afternoon, up $1.43 from the...
Live cattle futures are showing mixed action at midday, with nearby October up 45 cents and other contracts steady to 32 cents lower. This morning’s Central Stockyards FCE online auction showed no sales...
Cattle and hog markets have had a nice run higher over the last two weeks, will the rally continue or has the market reached resistance?
Live cattle futures saw mixed trade on Wednesday with front months down 7 to 15 cents and deferreds 5 to 25 cents higher. Cash trade has yet to get kicked off this week, with Wednesday morning’s Central...