Weaker US jobs report and US dollar shift outlook
USDA Grain Reports on Friday, Sep 12thCredit card zoomed single blue by Vjkombajn via Pixabay
Cattle Markets End Week on a Sour Note
Cattle markets lower while cash remains steadyBrown and white cow by Frans Ruiter via Unsplash
Cattle Losses Extend to Friday
Live cattle futures were down 97 cents to $1.20 in the front months on Friday, as October was $3.67 lower this week. Cash activity saw sales of $242-243 reported this week, steady to $1 higher in the South and $2-3 weaker in the North. This morning’s Fed Catte Exchange online...Closeup of a dairy c
Hogs Round Out the Week with Gains
Lean hog futures posted Friday strength as contracts were up 87 cents to $1.05. October was $1 higher this week. USDA’s national base hog report from Friday PM showed negotiated prices at $101.25, down $3.18 from the day prior. The CME Lean Hog Index was up a nickel on September...Pig resting in pen
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Oct Live Cattle-Oct Lean Hogs Spread (LEV25-HEV25)Combine harvesting field crops by fotokostic via iStock
Shootin' the Bull about no supply, so must be demand
Whether from cattle feeders, feed yards, packers, or consumers, if the price moves lower from here, it will simply be due to a lack of demand from one, or multiple entities.Cattle by Penny via Pixabay
Cattle Extending Pull Back on Friday
Live cattle futures are continuing weakness on Friday with midday losses of $1.27 to $1.37 in the front months. Cash activity saw sales of $242-243 reported this week, steady to $1 higher in the South and $2-3 weaker in the North. This morning’s Fed Catte Exchange online auction showed sales...Cow
Hogs Continue Gains into Friday
Lean hog futures are showing continued strength on Friday, with contracts up 87 cents to $1.10. USDA’s national base hog report from Friday AM showed negotiated prices at $100.88, down $4.94. The CME Lean Hog Index was up a nickel on September 3 at $105.97. Export Sales Data showed pork...Pig in a
Cattle Look to Friday after Lower Week of Trade
Live cattle futures posted $1.37 to $1.75 losses across the nearbys on the Thursday session. Cash activity has started to pick up this week, with some sales of $242-243 reported, steady to $1 higher in the South and $2-3 weaker in the North. This morning’s Fed Catte Exchange online auction...Two cow
Hogs Look to Friday Trade Following Thursday Bounce
Lean hog futures saw a bounce back on the Thursday close, with contracts up 17 cents to $1.20. USDA’s national base hog report from Thursday PM showed negotiated prices at $104.43, down $1.24. The CME Lean Hog Index was steady on September 2 at $105.92. Pork exports converted from Census...Pink pig
Cattle Fall Lower on Thursday
Live cattle futures posted $1.37 to $1.75 losses across the nearbys on the Thursday session. Cash activity has started to pick up this week, with some sales of $242-243 reported, steady to $1 higher in the South and $2-3 weaker in the North. This morning’s Fed Catte Exchange online auction...Close u
Hogs Pop Back Higher on Thursday
Lean hog futures saw a bounce back on the Thursday close, with contracts up 17 cents to $1.20. USDA’s national base hog report from Thursday PM showed negotiated prices at $104.43, down $1.24. The CME Lean Hog Index was steady on September 2 at $105.92. Pork exports converted from Census...Veterina
Shootin' the Bull about backgrounders still having an upper hand
A reversal will be horrible for the cattle feeder, but backgrounders continue to be in a unique position of having cattle feeders bid feeders over $30.00 higher than fats since July.Cattle by Penny via Pixabay
Hogs Bouncing on Thursday
Lean hog futures are trading with gains of a tick to 82 cents at midday. USDA’s national base hog report showed negotiated price was reported at $105.82, up 17 cents in the Thursday AM report. The CME Lean Hog Index was steady on September 2 at $105.92. Pork export converted...Piglets Sleeping Next
Cattle Losses Continuing on Thursday
Live cattle futures are trading $1.95 to 2.25 lower so far on the Thursday session. Cash activity has started to pick up this week, with some sales of $242 reported, steady in the South and weaker in the North. This morning’s Fed Catte Exchange online auction showed sales of $242.50...Closeup of cow
Cattle Look to Thursday after Weaker Wednesday Action
Live cattle futures saw losses on Wednesday, with contracts down 85 cents to $1.20. Cash activity has been quiet this week, with some light sales of $242 reported. This morning’s Fed Catte Exchange online auction showed sales on 398 of the 1,238 head offered at $242-$242.50. Feeder cattle futures cl
Hogs See Wednesday Losses, as Bulls Look for a Rebound
Lean hog futures closed the Wednesday session with 77 cent to $1.72 losses. Preliminary open interest was up 4,627 contracts on Wednesday. USDA’s national base hog report showed negotiated price was reported at $105.67, down 70 cents in the Wednesday PM report. The CME Lean Hog Index was down 25...P
Cattle Fall on Wednesday
Live cattle futures saw weaker trade on Wednesday, with losses of 85 cent to $1.20. Cash activity has been quiet this week, with some light sales of $242 reported. This morning’s Fed Catte Exchange online auction showed sales on 398 of the 1,238 head offered at $242-$242.50. Feeder cattle futures...
Hogs Fall Back Lower on Wednesday
Lean hog futures closed the Wednesday session with 77 cent to $1.72 losses. USDA’s national base hog report showed negotiated price was reported at $105.67, down 70 cents in the Wednesday PM report. The CME Lean Hog Index was down 25 cents on August 29 at $105.92. USDA’s FOB plant...Pig in a pen by
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DEC-MAR Soybean-Meal Spread (ZMZ25-ZMH26)Pile of soybeans by PAVEL IARUNICHEV via iStock