Energy, feed, and the price of money have all increased significantly in a very short period of time, unexpectedly, and may or may not recede anytime soon.
Lean hog futures are trading with 92 cent to $1.80 losses in the front months on Wednesday. USDA’s national base hog price was reported at $93.05 on Wednesday morning, up 37 cents from the day prior....
Live cattle futures are facing losses of $2.00 to $2.10 in the front months on Wednesday. Cash trade has yet to see much action this week, with $372 dressed reported as well as a few light sales of $235....
Cattle markets have seen a choppier trade over the last week, right instep with the outside markets. With that said, there were some caution signs popping up with yesterday’s price action.
Live cattle futures were back up $2.20 to $2.80 on the Tuesday close. Open interest was down 680 contracts on Tuesday. Cash trade has yet to see much action this week, with $372 dressed reported, down...
Lean hog futures closed the Tuesday session with contracts 75 cents to $1.25 higher. Open interest was up 2,208 contracts on Tuesday. USDA’s national base hog price was reported at $92.77 on Tuesday...
WALSH PURE SPREADER - Pure Hedge Division
Live cattle futures were back up $2.20 to $2.80 on the Tuesday close. Cash trade has yet to see much action this week, with $372 dressed reported, down from $380 last week and $240 live. Feeder cattle...
Lean hog futures closed the Tuesday session with contracts 75 cents to $1.25 higher. USDA’s national base hog price was reported at $92.77 on Tuesday afternoon, up 82 cents from the day prior. The CME...
Cattle Markets are on the Rebound After Outside Markets Start to Relax.