Lean hogs rallied on Wednesday, with contracts 37 cents to $2.35 higher at the close. The USDA National Base Hog price was reported at $85.08 on Wednesday afternoon, a 3 cent increase from the day prior....
Live cattle futures extended their gains into Wednesday, with contracts up 72 cents to $1.60. This week’s early cash market activity has been limited. Some southern cattle have traded at $187 to $188...
Futures got off to a lower and slower start this morning. By the close, futures narrowed the basis in the spot month and firmed the rest of them.
Grain and livestock futures were pretty universally higher in Wednesday’s trade. How much upside potential is there?
Lean hogs are trading steady to $1 per hundred higher at midday, with December the firmest. The USDA National Base Hog price was reported at 84.66 on Wednesday morning, a $0.22 drop from the day prior....
Live cattle futures are extending their Tuesday gains into Wednesday, pulled higher by cash prices that are well above the board values. LC futures are currently up $.15 to $1.00 or so. This week’s early...
Lean hogs were able to breakout above trendline resistance yesterday, is there more upside potential from these levels?
Lean hogs settled 97 cents to $2.85 higher on Tuesday. The USDA National Base Hog price was reported at 85.05 on Tuesday afternoon, a $1.93 increase from the day prior. The CME Lean Hog Index was $88.42...