Lean hog futures settled with 27 to 70 cent gains across most contracts, as Feb was down a nickel on the day but up 50 cents from last Friday. The national average base hog negotiated price was reported...
Live cattle futures rallied another 45 to 85 cents higher on Friday to extend the week’s strength that saw a $2.25 gain for February. Cash trade was slow this week, with sales reported at $192-193 in...
Have the Cattle Markets Outkicked Their Coverage?
Live cattle futures are trading with gains of a nickel to 25 cents at Friday’s midday. Cash trade has yet to begin this week, with bids of $190-191 reported so far. Friday morning’s Fed Cattle Exchange...
Lean hog futures are trading with 20 to 50 cent gains so far on Friday’s midday. The national average base hog negotiated price was not reported on Friday morning, with the 5-day rolling average at $79.10....
Cattle futures had a sharp move higher in Thursday’s trade, can the rally continue in today’s trade?
Lean hog futures ended the Thursday session with contracts anywhere from 32 cents lower to 30 cents higher. The national average base hog negotiated price was reported at $79.00 on Thursday afternoon,...
Live cattle futures settled the Thursday session with contracts rallying $1.97 to $3.05 higher. Cash trade has yet to begin this week, with bids of $190 reported so far. Thursday morning’s Fed Cattle...
Two markets stood out to me overnight through early Friday morning: Natural gas with its 4.0%-plus rally and Boxed Beef coming in hot.
Lean hog futures ended the Thursday session with contracts anywhere from 32 cents lower to 30 cents higher. The national average base hog negotiated price was reported at $79.00 on Thursday afternoon,...