Cattle futures have been skating on thin ice recently with looming headline risks ranging from bird flu to weaker economic data. Will Friday’s Cattle on Feed report be enough to spur a rally ahead of...
Live cattle futures were mixed on Friday ahead of the CoF report. Overall, the board was 85 cents higher to 52 cents lower. Some southern cash cattle traded at $187 to $188.50 last week, with the north...
Lean hogs continued their bullish efforts, 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, down $2.97 from...
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,...
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.