Thursday’s hog trade will react to yesterday’s Cold Storage and the Export Sales data due later this morning. Lean hogs were mixed on Wednesday, with gains for the deferred contracts and 2 to 87 cent...
Live cattle were up $0.60 to $1.82 on Wednesday. The June contract flipped back to net positive for the week after fading Monday and Tuesday and posted a new LoC high. USDA reported TX cash sales near...
Live cattle struggled to find their footing to start today's trade, but managed to stage a strong recovery to finish within a stone's throw of a closing contract high.
Lean hogs were mixed with gains for the deferred contracts and 2 to 87 cent losses in the summer months. July futures were still at a net $9.97 premium to Dec at the close. USDA’s National Average Base...
Live cattle ended the session ~40 cents off their highs on $0.60 to $1.82 gains. The June contract flipped back to net positive for the week’s net move after fading Monday and Tuesday, and saw a new...
It was a bit of a mixed bag in today's grain trade, with corn higher, beans little changed, and wheat under pressure.
A soft start ended on a firm note this afternoon. Packers bid higher to acquire cattle. The upcoming three day weekend will be interesting to see what movement of beef is. June was able to make a...
The back month futures are trading 30 to 60 cents higher at midday, as the summer month contracts are fading with 12 to 77 cent losses. The July contract is still at a $10.10 premium to December contracts....
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After fading Monday and Tuesday, the midweek cattle futures market is back up by triple digits and into the black for the week’s net move. The Wednesday FCE auction had 828 head listed and sold 396 TX...
The lack of new news following last week's Cattle on Feed report has prompted some long liquidation in live cattle in the first two days of the week. Will today mark a third day of profit taking?
