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March feeder cattle futures present a buying opportunity on more price strength.
Lean hog futures close the Monday session with losses of 40 to 67 cents, as contracts pulled off their early lows. Open intertest suggested long liquidation, dropping 2,618 contracts. USDA’s national...
Live cattle futures saw gains at the Monday close, with contracts up 62 cents to $1.02. Open interest was up just 846 contracts on Monday. Cash trade was stronger last week, as most of the country was...
Lean hog futures close the Monday session with losses of 40 to 67 cents, as contracts pulled off their early lows. USDA’s national base hog price was up $1.40 in the Monday afternoon report at $72.68....
Live cattle futures saw gains at the Monday close, with contracts up 62 cents to $1.02. Cash trade was stronger last week, as most of the country was $230. A few sales in the north reached $234. Feeder...
Oliver Sloup on Markets on the Move: Grain markets saw some chart damage on Friday which led to additional weakness to start this week’s trade. Where’s the support? Tune in for more.
Cattle feeders are continuing to bid higher for incoming inventory, at a time when even fewer cattle are anticipated available, and woefully too much production capacity.
Lean hog futures are down 75 cent to $1 across most contracts on Monday. USDA’s national base hog price was up $2.07 in the Monday morning afternoon report at $73.00. The CME Lean Hog Index was up 23...
Live cattle futures are up 25 to 37 cents at midday, with other contracts slightly lower. Cash trade was stronger last week, as most of the country was $230. A few sales in the north reached $234. Feeder...
