Soybean Meal continues to grind down the downward channel with seemingly no end in sight. However, I am opening a long calendar spread this week as % carry yield, CTA momentum, and the relative strength...
Live cattle futures were mixed at the Monday close, as contracts were down 7 to 50 cents in the nearbys and deferreds up 2 to 25 cents. Cash trade settled in last week at $186-188, with most trade hovering...
Lean Hog bulls were taking the reins to start the short week, with gains of 7 to 30 cents at the close. The national average base hog negotiated price was not reported Monday afternoon, with the 5-day...
Cattle markets fail to hold opening surge
It was an eventful morning, particularly in the cattle complex with a big gap higher, but the market settled down shortly after the open with some contracts closing lower on the day. Grain markets were...
Cold Storage - 2024-11-25
Lean Hog futures are showing 32 to 55 cent gains on Monday at noon. The national average base hog negotiated price was not reported Monday morning, with the 5-day rolling average at $83.72. The CME Lean...
Live cattle futures are trading with gains of a nickel to 27 cents higher at midday on Monday. Cash trade settled in last week at $186-188, with most trade hovering at $187. Feeder cattle are trading...
