Hogs and cattle markets bounce back to end week on a positive note
As the year winds down, Jim points at some of his favorite trending markets on this round.
Grains Rallied as The Livestock Markets Recoup Some of the Week's Losses
Beans & Meal Surge, Bean Oil Anemic
Cotton futures closed out Friday with contracts 11 to 18 points higher, as March cotton was down 121 points this week. The outside markets are positive factors on Friday, with the US dollar index back...
Lean hog futures closed out the Friday session with contracts anywhere from 75 cents to $2.30 higher. Feb hogs managed to squeeze out a nickel gain this week. The national average base hog negotiated price...
Corn futures closed out the Friday session on a high note, as futures rallied o close out the week. Contracts were up anywhere from a penny to 5 ½ cents. March finished the week with a 4 ¼ cent gain....
The wheat market went into the weekend on a mixed note, as the soft red contracts failed to push higher. Chicago SRW futures were steady to down 1 ½ cents across the board on the day, as March was down...
Live cattle futures posted Friday gains of 62 cents to $1.85, as Feb was down $3.625 on the week. A few cattle have exchanged hands this week at $195-195.50 in the North, steady from last week, with light...
The soybean market took back most of the midweek losses on Thursday and Friday, with the latter session closing up 7 to 13 cents. January was still down 13 ¾ cents on the week. CmdtyView’s national...