Monthly USDA reports on Friday
Live cattle closed mixed on Friday, with front months up 32 to 50 cent and other contracts down 17 to 42. Cash action has been light so far this week, with sales of $190 reported in the South, steady...
Lean hogs posted 50 to 75 cent losses in most contracts on Friday, with July up 12 cents. The USDA National Base Hog price was reported at $89.45 on Friday afternoon, down $1.52 from the previous day....
Gamma Trader
In my opinion, a portion of the agenda is hitting a milestone this week with a story of a fully enclosed loop of beef/dairy cross cattle production.
Live cattle are posting $1 to $1.85 gains on Friday. Cash action has been light so far this week, with sales of $190 reported in the South, steady in the week, and $198 bids reported in the north. Feeder...
Lean hogs are showing strength in the front month July contracts, up 40 cents, with the rest of the front months down 50 to 80 cents. The USDA National Base Hog price was reported at $89.48 on Friday morning,...
Live cattle were higher ahead of the Thursday holiday, as contracts were up anywhere from a nickel in the deferreds to $1.20 in some of the fall months. Wednesday’s online Fed Cattle Exchange from Central...
Lean hogs closed on either side of unchanged on Wednesday, with front months up 5 to 52 cents and other contracts 10 to 22 cents lower. The USDA National Base Hog price was reported at $90.97 on Wednesday...