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Nonfat Dry Milk Oct '24 (DFV24)

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Livestock Slaughter

Livestock Slaughter - 2024-08-22

GFV24 : 234.250s (+1.11%)
LEV24 : 175.900s (+0.73%)
HEV24 : 79.625s (+4.56%)
YKX24 : 18,205s (-0.11%)
Cattle Turning Around on Thursday

Live cattle futures are posting gains of $1.20 to $1.30 in the front months so far on Thursday. Cash trade crept in on Tuesday and Wednesday with some southern trade at $183-184 and northern action at...

LEQ24 : 182.550s (+0.73%)
LEV24 : 175.900s (+0.73%)
LEZ24 : 175.525s (+0.72%)
GFQ24 : 241.975s (+1.14%)
GFU24 : 238.200s (+1.07%)
GFV24 : 234.250s (+1.11%)
Hogs Rallying on Thursday

Lean hog futures are trading with $1.50 to $2.85 gains so far on Thursday. The national average base hog price was reported at $83.36 on Thursday morning, up $1.21 on the day. The CME Lean Hog Index was...

HEV24 : 79.625s (+4.56%)
HEZ24 : 70.275s (+3.54%)
HEG25 : 73.350s (+2.55%)
Are Cattle Futures Approaching a Bottom?

Cattle futures have been hit hard over the last several weeks. Is the market setting up for a relief rally?

Cattle Close Mixed on Wednesday

Lean hog futures closed out Wednesday mixed, with front months down 5 to 25 cents and other deferreds up 2 to 42 cents. The national average base hog price was reported at $82.06 on Wednesday afternoon,...

HEV24 : 79.625s (+4.56%)
HEZ24 : 70.275s (+3.54%)
HEG25 : 73.350s (+2.55%)
Hogs Look to Thursday After Mixed Wednesday Action

Live cattle futures rounded out the Wednesday session with contracts off their lows and closing with losses of 97 cents to gains of 75 cents across the board. Cash trade crept in on Tuesday and Wednesday...

LEQ24 : 182.550s (+0.73%)
LEV24 : 175.900s (+0.73%)
LEZ24 : 175.525s (+0.72%)
GFQ24 : 241.975s (+1.14%)
GFU24 : 238.200s (+1.07%)
GFV24 : 234.250s (+1.11%)
Live Cattle continues to trade very near its highest % carry yield for the past 52 week. White Sugar is at its lowest carry yield level.

Live Cattle broke through the bottom of the upward channel earlier this month and has made lower lows these past 2 days.

Cattle Come Back to Close Mixed

Live cattle futures rounded out the Wednesday session with contracts off their lows and closing with losses of 97 cents to gains of 75 cents across the board. Cash trade crept in on Tuesday and Wednesday...

LEQ24 : 182.550s (+0.73%)
LEV24 : 175.900s (+0.73%)
LEZ24 : 175.525s (+0.72%)
GFQ24 : 241.975s (+1.14%)
GFU24 : 238.200s (+1.07%)
GFV24 : 234.250s (+1.11%)
Hogs Post Mixed Trade on Wednesday

Lean hog futures closed out Wednesday mixed, with front months down 5 to 25 cents and other deferreds up 2 to 42 cents. The national average base hog price was reported at $82.06 on Wednesday afternoon,...

HEV24 : 79.625s (+4.56%)
HEZ24 : 70.275s (+3.54%)
HEG25 : 73.350s (+2.55%)
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Hogs Rallying on Thursday
Lean hog futures are trading with $1.50 to $2.85 gains so far on Thursday. The national average base hog price was reported at $83.36 on Thursday morning, up $1.21 on the day. The CME Lean Hog Index was $89.21 on August 20, down 50 cents from the previous day. Export... Read more
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