Hogs rebound while cattle markets wait for the Cattle on feed report
Live cattle futures were mixed at the close, anticipating little bearish news for nearby cash cattle in the COF report, but more cautious above December and later. Overall, the board was 85 cents higher...
Lean hogs continued their bullish effort for the week, up $.20 to $1.22 on Friday. Nearby August was up $3.18 for the week. The USDA National Base Hog price was reported at $82.42 on Friday afternoon,...
Grains fall from their highs and Feeders continue to break.
Grain markets were uniformly higher in the early morning trade but fizzled out into the afternoon trade. Where does that leave us on the charts? Also, the monthly Cattle on Feed report was just released,...
In my opinion, the beef and cattle markets are softening. I made the recommendation this week to do whatever it takes to put a floor under your production going forward.
Lean hogs are resuming this week’s climb on Friday, with midday gains of 47 cents to $1.45. The USDA National Base Hog price was reported at $82.33 on Friday morning, down 47 cents from the day prior....
Live cattle futures are trading mixed at midday, with front months up 42 to 55 cents and other contracts down 12 to 50 cents. Some southern cattle traded at $187 to $188.50 this week. Northern trade has...
Corn, soybeans, and wheat are all higher in the early morning trade. Will the strength hold into the weekend?