Feeder Cattle Nov '24 (GFX24)

Today marked the end of the quarter, coupled with a USDA report we saw a choppy trade in the markets. Here’s a summary of today’s closing prices and major headlines.

Lean hogs closed out the session with contracts anywhere from 12 cents lower to 52 cents higher across the board. The national average base hog price was reported at $76.68 on Monday afternoon, up $1.57...

Live cattle futures closed out the Monday session with contracts a tick to 72 cents higher. Cash trade rounded out last week with sales of $184-185 in the South, up $1-2 on the week. Northern sales were...

The Next Couple of Weeks Could Bring Large Price Swings

Last week's higher cash trade on Friday surprised many traders with mostly $1-2 higher in the south and $2-3 higher in the north.  It was on light volume and given the increase in weights and boxes below...

Live cattle futures are showing 25 to 35 cent gains in the nearbys on Monday. Cash trade rounded out last week with sales of $184-185 in the South, up $1-2 on the week. Northern sales were in a range of...

Lean hogs are posting mixed trade so far on Monday, with front months within 15 cents of unch. The national average base hog price was reported at $76.42 on Monday morning, down 18 cents from the previous...

Low-Cost Options, With Limited Risk

Live cattle futures settled the Friday session with contracts anywhere form 35 cents lower to 7 cents higher. Cash trade kicked off on Thursday, with a few sales of $184-185 in the South, up $1-2 on the...

Lean hogs settled Friday with contracts down 55 cents to 25 cents higher across the board. The national average base hog price was reported at $75.11 on Friday afternoon, down $3.07 from the previous...