The discovery process is growing more interesting as we see rationing taking place. There is too much production capacity for the number of animals.
Lean hog futures are trading with contracts up $2.07 to $2.45 so far on Thursday. The national average base hog negotiated price was reported at $79.35 on Thursday morning. The CME Lean Hog Index was reported...
Live cattle futures are taking back the losses from Wednesday, as contracts are up $1.82 to $3.20 at midday. Cash trade has yet to be reported this week, with some bids of $200 being reported. Wednesday...
Lean hog futures closed with February up 30 cents and other contracts down 65to 95 cents on the day. The national average base hog negotiated price was reported at $78.51 on Wednesday afternoon, down 38...
Live cattle futures posted losses of $1.50 to $2.30 in the front months on the day. Preliminary open interest showed some longs exiting, down 4,961 contracts. Cash trade has yet to be reported this week....
Live cattle futures posted losses of $1.50 to $2.30 in the front months on the day. Cash trade has yet to be reported this week. This morning’s Central Stockyards Fed Cattle Exchange online auction showed...
Lean hog futures closed with February up 30 cents and other contracts down 65to 95 cents on the day. The national average base hog negotiated price was reported at $78.51 on Wednesday afternoon, down 38...
The Border Could Open January 20th for Cattle from Mexico. The Break in the Cattle Markets Has Not Started Yet
I do not know to what extent a cattleman will go to in order to acquire inventory. We are discovering that right now.