Live cattle futures ended Wednesday with gains of 57 to 90 cent gains across the board. Cash trade has yet to kick off this week, with some light sales of $180-181 reported in the South. Wednesday’s...
Lean hog futures posted gains of 15 cents to $1.20 in most nearbys on Wednesday, with some deferreds steady to a quarter lower. The national average base hog price was reported at $77.25 on Wednesday...
I don't expect near as much directional trading as I do convergence and divergence of basis.
Live cattle are trading with mixed action on Wednesday, as the nearbys are down a tick to 25 cents. Cash trade has yet to kick off this week, with some light bids of $178 reported in the South. Wednesday’s...
Lean hog futures are posting midday gains of 50 to 95 cents on Wednesday. The national average base hog price was not reported on Wednesday morning due to light volume, with the 5-dauy rolling average...
Cattle futures traded on both sides of unchanged yesterday as the market attempts to carveout a double bottom against the August lows.
Lean hog futures closed with contracts within 25 cents of unchanged on Tuesday. The national average base hog price was reported at $78.34 on Tuesday afternoon, down 14 cents from the previous day. The...
Live cattle ended the Tuesday session with front months down 87 to 60 cents and back months up 27 to 52 cents. Cash trade has yet to kick off this week. It was slow last week, with the South kicking things...