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Dry Whey Jun '24 (DGM24)

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News & Headlines for [[ item.sessionDateDisplayLong ]]
Pure Hedge - Livestock and Grain

Grains All Lower - Bearish Cattle on Feed Report

Cattle Close with Mixed Action Leading into Cattle on Feed Report

Live cattle futures saw a 40 cent gain in the October contract on Friday, with the rest of the board steady to 20 cents lower. Cash trade this week has improved ~$2 from last week, with Southern sales...

LEG25 : 189.925s (-0.01%)
LEV24 : 189.700s (+0.21%)
LEZ24 : 189.150s (-0.05%)
GFV24 : 249.625s (+0.09%)
GFX24 : 248.575s (+0.02%)
GFF25 : 245.625s (+0.04%)
Hogs Post Strength to Close Out Week

Lean hog futures closed out the Friday session with contracts up 7 cents to $1.02 across most months. The national average base hog price was reported at $75.66 on Friday afternoon, up 41 cents from the...

HEZ24 : 79.675s (+1.30%)
HEG25 : 83.425s (+0.75%)
HEJ25 : 86.650s (+0.46%)
Weekly Grain and Livestock Market Recap

That's a wrap! Here's how things finished up in the grain and livestock markets.

To Hedge or not to Hedge…

For those looking to hedge Feeder Cattle...

Shootin' the Bull about being scared

Oil is not cheap, and the Biden administration's policies did nothing to lower the price.  Hence, any disturbance now would be expected to push oil sharply higher.  I wrote quite a bit this week on me...

Cold Storage

Cold Storage - 2024-10-25

YKF25 : 15,310s (-0.75%)
HEZ24 : 79.675s (+1.30%)
GFF25 : 245.625s (+0.04%)
OJF25 : 494.30s (+2.12%)
BDX24 : 272.0000s (+0.63%)
LEZ24 : 189.150s (-0.05%)
Cattle on Feed

Cattle on Feed - 2024-10-25

GFF25 : 245.625s (+0.04%)
LEZ24 : 189.150s (-0.05%)
Hogs Posting Gains Following Cutout Strength

Lean hog futures are trading with midday gains of 45 cents to $1. The national average base hog price was reported at $74.42 on Friday morning, down 93 cents from the previous day. The CME Lean Hog Index...

HEZ24 : 79.675s (+1.30%)
HEG25 : 83.425s (+0.75%)
HEJ25 : 86.650s (+0.46%)
Cattle Showing Slight Gains Ahead of Cattle on Feed Report

Live cattle futures are posting Friday midday gains of 7 to 50 cents. Cash trade this week has improved ~$2 from last week, with Southern sales tallied at $190, with the North at $190-192. The Central...

LEG25 : 189.925s (-0.01%)
LEV24 : 189.700s (+0.21%)
LEZ24 : 189.150s (-0.05%)
GFV24 : 249.625s (+0.09%)
GFX24 : 248.575s (+0.02%)
GFF25 : 245.625s (+0.04%)

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Barchart Meats News

Hogs Post Strength to Close Out Week
Lean hog futures closed out the Friday session with contracts up 7 cents to $1.02 across most months. The national average base hog price was reported at $75.66 on Friday afternoon, up 41 cents from the previous day. The CME Lean Hog Index was reported at $85.20 on October 23,... Read more
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