Live cattle futures rounded out the Monday session with contracts closing $1.75 to $2.35 higher. Cash trade was slow last week, with the South kicking things off at $181, down $2 on the week. Northern...
Cattle and Beans Bounce Higher
Cattle markets start week on a high note
A lively bit of action today as traders were optimistic, pessimistic, and then ultimately optimistic at the close.
Lean hog futures are down 15 to 62 cents across the front months at midday. The national average base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was $86.24...
Live cattle futures are reversing last week’s losses with gains of $1.62 to $2 at midday. Cash trade was slow last week, with the South kicking things off at $181, down $2 on the week. Northern sales...
Grains are mixed as traders await new news from the USDA later in the week. Cattle futures grapple with headline risks.
Low cost options, with limited risk
Cattle futures got hit hard in the back half of last week’s trade as potential headline risk continued to keep buyers at bay ahead of the weekend.