Lean hog futures posted mixed action on Thursday, with front months down 20 to 32 cents and the rest of the board up a nickel to 80 cents. Open interest was down 2,667 contracts on Thursday. The CME Lean Hog Index was back up 9 cents on May 5 at...Piglets napping by Larry White via Pixabay
Live cattle futures closed the Thursday session with contracts down $2.80 to $3.92 despite a failed midday rally off the lows. Open interest was down 3,036 contracts in Thursday showing longs liquidating. Cash trade has seen action kick off at $256-260 so far through Thursday, with southern action $
Lean hog futures posted mixed action on Thursday, with front months down 20 to 32 cents and the rest of the board up a nickel to 80 cents. The CME Lean Hog Index was back up 9 cents on May 5 at $91.19. Export Sales data from USDA showed pork...Veterinarian standing next to a pig pen by dusanpetkovi
Live cattle futures closed the Thursday session with contracts down $2.80 to $3.92 despite a failed midday rally off the lows. Cash trade has seen action kick off at $256-260 so far through Thursday, with southern action $256-258 and northern trade at $258-260. Feeder cattle futures were down $6.07
POPHerd of young calves looking at camera_ Image by Symbiot via Adobe Stock_
There are a few factors that appeared today that may be some of the reason for the lower trade.Cattle by Penny via Pixabay
Darin Newsom suggests that recent commodity market declines are driven by speculative liquidation and false headlines regarding a ceasefire in Iran, though he anticipates a rally next week fueled by renewed geopolitical tensions and optimism surrounding the upcoming China Summit.Wheat, corn, & soybe
Lean hog futures are showing steady trade on Thursday, with some contracts up a nickel. USDA’s national base hog price was not reported on Thursday morning due to thin volume. The CME Lean Hog Index was back up 9 cents on May 5 at $91.19. Export Sales data from USDA...Pigs on a pig farm by artbyPixe
Live cattle futures are trading with $1.55 to $2.70 losses at midday, but bouncing off early session lows. Cash trade has seen a few $256 sales so far this week. The Thursday Fed Cattle Exchange online auction showed $256 sales. Feeder cattle futures are down $4.40 to $4.80 The CME...Aerial view of
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. Open interest showed 2,867 contracts rolling out of the June contracts, with the rest of the board OI up 2,229. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down 86 cents from the day...Brown and whit
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Open interest rose modestly on Wednesday, up 2,065 contracts. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400...Aerial view
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down 86 cents from the day prior. The CME Lean Hog Index was back up 7 cents on May 4 at $91.10. USDA’s pork carcass cutout...Pig in a pen by AlexRaths via
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. The Wednesday Fed Cattle Exchange online auction...Closeup of a dair
There appears very little left to the supply side story of cattle.Cattle by Penny via Pixabay
Live cattle futures are up 27 to 95 cents on Wednesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. The Wednesday Fed Cattle Exchange online auction showed $256 sales on 307 head...Black and white cow brown cow by Ru
Lean hog futures are down 92 cents to $1.57 at Wednesday’s midday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price was reported at $94.79 on Wednesday morning, up 82 cents from the day prior. The CME Lean Hog Index was back up 7 cents...Veterinarian standin
Live cattle futures posted gains of $1.47 to $2.92 across the board on Tuesday. Open interest was up 1,878 contracts. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. Feeder cattle futures were...Black and white cow brown
Lean hog futures posted 65 cent to $1.80 gains on Tuesday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price was not reported on Tuesday afternoon due to packer submission issues. The CME Lean Hog Index was back down 27 cents on May 1 at...Pig with dirt on sn
Live cattle futures posted gains of $1.47 to $2.92 across the board on Tuesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. Feeder cattle futures were $4.25 to $5.70 higher in bounce...Two cows looking at camera by C
Lean hog futures posted 65 cent to $1.80 gains on Tuesday. USDA’s national base hog price was not reported on Tuesday afternoon due to packer submission issues. The CME Lean Hog Index was back down 27 cents on May 1 at $91.03. Monthly trade data from Census converted to a...Pig with dirt on snout e
