Grains All Lower - Bearish 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...
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...
That's a wrap! Here's how things finished up in the grain and livestock markets.
For those looking to hedge Feeder Cattle...
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 - 2024-10-25
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...
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...