Austin Schroeder on 11/21/2024

Cattle Post Mixed Trade on Wednesday

Live cattle futures rounded out Wednesday trade with contracts within 27 cents on either side of unchanged. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action early in the week has been mostly compiling showlists. Asks so far this week have started...Close up c

A Austin Schroeder
Austin Schroeder on 11/21/2024

Hogs Rally Resumes on Wednesday as Negotiated Cash Firms

Lean Hog futures closed out the Wednesday session with contracts up 57 cents to $1.52. The national average base hog negotiated price was up $2.55 in the Wednesday PM report at $85.04. The CME Lean Hog Index was reported at $88.09 on November 18, down another 40 cents from the...Black and brown pig

A Austin Schroeder
Bill Allen on 11/21/2024

Pure Hedge - Livestock and Grain

Bullish Natural Gas and Looking for a Big Move in the FeedersCattle in feed lot by Clinton Austin via iStock

B Bill Allen
Chris Swift on 11/21/2024

Shootin' the Bull about the next shoe to drop

Well, it appears at the close today that both longs and shorts, and those wanting to be long or short, of those not wanting to be long or short, were collectively holding their breath for the next shoe to drop.Cattle by Penny via Pixabay

C Chris Swift
Austin Schroeder on 11/21/2024

Hogs Rallying on Wednesday

Lean Hog futures are trading with $1 to $1.80 gains so far on Wednesday’s midday. The national average base hog negotiated price was up $3.16 in the Wednesday AM report at $85.16. The CME Lean Hog Index was reported at $88.09 on November 18, down another 40 cents from the...Pigs on a pig farm by ar

A Austin Schroeder
Austin Schroeder on 11/21/2024

Cattle Showing Mixed Wednesday Trade

Live cattle futures are trading with contracts down 27 cents to 15 cents higher at midday. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action early in the week has been mostly compiling showlists. Asks have started to come in around $187-188,...Family outside o

A Austin Schroeder
Austin Schroeder on 11/21/2024

Hogs Look to the Midweek Session

Lean Hog futures posted mixed trade on Tuesday, with contracts down 5 to 47 cents in the nearbys and deferreds up 2 to 52 cents. The national average base hog negotiated price was down 83 cents in the Tuesday PM report at $82.49. The CME Lean Hog Index was reported...Black and brown pig in green pa

A Austin Schroeder
Austin Schroeder on 11/21/2024

Cattle Post Tuesday Rally

Live cattle futures extended their strength into Tuesday, closing with gains of $1.175 to $2.475 across the board. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action early in the week has been mostly compiling showlists. Asks have started to come in...Black and

A Austin Schroeder
Austin Schroeder on 11/21/2024

Hogs Close with Mixed Tuesday Action

Lean Hog futures posted mixed trade on Tuesday, with contracts down 5 to 47 cents in the nearbys and deferreds up 2 to 52 cents. The national average base hog negotiated price was down 83 cents in the Tuesday PM report at $82.49. The CME Lean Hog Index was reported...Piglets Sleeping Next to Each O

A Austin Schroeder
Austin Schroeder on 11/21/2024

Cattle Rally on Tuesday

Live cattle futures extended their strength into Tuesday, closing with gains of $1.175 to $2.475 across the board. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action early in the week has been mostly compiling showlists. Asks have started to come in...Angus cow

A Austin Schroeder
Oliver Sloup on 11/21/2024

Grain and Livestock Market Recap

Grain and Livestock Market were mixed in Tuesdays trade, here's how things shook out.Family rounding up cattle in pasture by Jacob Wackerhausen via iStock

O Oliver Sloup
Chris Swift on 11/21/2024

Shootin' the Bull about basis making opportunities

Futures traders are on the cusp of taking basis back to negative. Backgrounders are urged to use this sharp, $10.00 narrowing of the basis in just 7 trading days.Cattle by Penny via Pixabay

C Chris Swift
Austin Schroeder on 11/21/2024

Hogs Pullback Continues at Midday

Lean Hogs futures are posting Tuesday losses of 85 cents to $1 so far in the nearbys at midday. The national average base hog negotiated price was down $1.12 in the Tuesday AM report at $82.00. The CME Lean Hog Index was reported at $88.49 on November 15, down another...Pig grazing in a field by San

A Austin Schroeder
Austin Schroeder on 11/21/2024

Cattle Rally Continuing on Tuesday

Live cattle futures are continuing to post strength, with contracts up $1.05 to $1.95 at midday. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action today was mostly compiling showlists. Feeders continue to be the leaders with most contracts up $2.225 to...Sing

A Austin Schroeder
Austin Schroeder on 11/21/2024

Cattle See Monday Strength

Live cattle futures posted Monday gains of 72 cents to $1.55. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action today was mostly compiling showlists. Feeders continued to be the leaders with most contracts up $2.275 to $3.025, with Nov up 72...Cows in pen look

A Austin Schroeder
Austin Schroeder on 11/21/2024

Hogs Post Slight Gains on Monday

Lean Hogs futures closed the Monday session with marginally higher gains of 35 to 85 cents across the board. The national average base hog negotiated price was reported at $83.32 on Monday afternoon, down $1.35 from the day prior. The CME Lean Hog Index was reported at $89.27 on November...Pig grazi

A Austin Schroeder
Bill Allen on 11/21/2024

Pure Hedge - Livestock and Grain

Grain and Livestock Markets All Higher - Where will the Fats and Feeders Close on FridayCloseup of cows eating in barn by dusanpetkovic via iStock

B Bill Allen
Ben DiCostanzo on 11/21/2024

Hogs Stall

Hogs' slowdown as traders as the cash markets works lowerPig feeding from trough in pen by Yuliya Sidorova via Istock

B Ben DiCostanzo