Latest News
Cattle Markets Strong, Hogs Weaken
Walsh Trading - Fri May 17, 5:11PM CDT
Walsh Trading
Fri May 17, 5:11PM CDT
Strong cash Drives cattle higher
Cattle Rally Continues into the Weekend
Barchart - Fri May 17, 4:58PM CDT
Barchart
Fri May 17, 4:58PM CDT
Live cattle closed the Friday session with contracts up 67 cents to $2.02. June was up $4.90 on the week. USDA reported cash sales of $186-190 across the country on Friday, helped by the beef strength this week. Feeder cattle closed with gains of $1.12 to $2.50 on Friday, as...
Hogs Fall Lower on Friday
Barchart - Fri May 17, 4:58PM CDT
Barchart
Fri May 17, 4:58PM CDT
Lean hogs slipped lower into the weekend, with contracts down anywhere from a tick to $1.87, led by the nearbys. USDA’s National Average Base Hog negotiated price was back down 76 cents on Friday afternoon at 88.57. The CME Lean Hog Index was up another 37 cents on May 15...
Pure Hedge - Livestock and Grain
Walsh Trading - Fri May 17, 3:54PM CDT
Walsh Trading
Fri May 17, 3:54PM CDT
Cattle Finish the Day and Week Higher. Hogs and Wheat Decline.
Shootin' the Bull about ability to market above current index high.
Swift Trading Company - Fri May 17, 2:33PM CDT
Swift Trading Company
Fri May 17, 2:33PM CDT
The feeder cattle futures remain premium to the index and as of Friday's close, minimum sale floors can be produced above the current historical high of the index. So, you are able to market inventory in the future at higher levels than have ever been traded in the physical market, via the CME index.
Hogs Falling into Weekend
Barchart - Fri May 17, 12:10PM CDT
Barchart
Fri May 17, 12:10PM CDT
Lean hogs are slipping lower in the to weekend, with contracts down 25 cents to $2, led by the nearbys. USDA’s National Average Base Hog negotiated price was back down 58 cents on Friday morning at 88.78. The CME Lean Hog Index was up another 37 cents on May 15...
Cattle Rally Continues to Friday Midday
Barchart - Fri May 17, 12:10PM CDT
Barchart
Fri May 17, 12:10PM CDT
Live cattle are trading with gains of $1.07 to $1.87 across most front months on Friday. Cash action has been quiet this week, with USDA reporting a few in the WCB at $186-190 on Thursday. Bids of $187 are being reported in the North this morning, with Southern bids in...
Are Cattle Futures Prices on the Verge of a Breakout?
Blue Line Futures - Fri May 17, 9:17AM CDT
Blue Line Futures
Fri May 17, 9:17AM CDT
Live cattle and feeder cattle futures prices have been firming up through this week’s trade as we inch towards what has historically been a friendly time of year for the markets.
Cattle Look to Friday After Week of Beef Strength
Barchart - Fri May 17, 7:28AM CDT
Barchart
Fri May 17, 7:28AM CDT
Live cattle posted Thursday gains of a nickel to 92 cents, as boxed beef price continue to rally ahead of Memorial Day. Cash action has been quiet this week, with USDA reporting a few in the WCB at $186-190 on Thursday. The Central Stockyards Fed Cattle Exchange saw no bids...
Hogs Set to Close Out Week
Barchart - Fri May 17, 7:28AM CDT
Barchart
Fri May 17, 7:28AM CDT
Lean hogs faded off of some of the midday strength, but still found solid ground to post 5 to 87 cent higher trade. USDA’s National Average Base Hog negotiated price was up 60 cents on Thursday afternoon at 89.33. The CME Lean Hog Index was back up 47 cents on...
Soybeans, Hanging In There And What Matters
ONE44 Analytics - Thu May 16, 6:17PM CDT
ONE44 Analytics
Thu May 16, 6:17PM CDT
The rally in Soybeans started from a 61.8% retracement on the continuation chart at 1138.00.
Cattle Rally in Unison with Boxed Beef
Barchart - Thu May 16, 5:04PM CDT
Barchart
Thu May 16, 5:04PM CDT
Live cattle posted Thursday gains of a nickel to 92 cents, as boxed beef price continue to rally ahead of Memorial Day. Cash action has been quiet this week, with USDA reporting a few in the WCB at $186-190 on Thursday. The Central Stockyards Fed Cattle Exchange saw no bids...
Hogs Pull Back from Highs, Still Close with Gains
Barchart - Thu May 16, 5:04PM CDT
Barchart
Thu May 16, 5:04PM CDT
Lean hogs faded off of some of the midday strength, but still found solid ground to post 5 to 87 cent higher trade. USDA’s National Average Base Hog negotiated price was up 60 cents on Thursday afternoon at 89.33. The CME Lean Hog Index was back up 47 cents on...
Corn Futures Test Significant Support, Will it Hold?
Blue Line Futures - Thu May 16, 1:36PM CDT
Blue Line Futures
Thu May 16, 1:36PM CDT
Corn futures have been under pressure for the last three sessions after failing against resistance to start the week. Will support hold into the weekend or will the selling persist?
Hogs Rallying on Thursday
Barchart - Thu May 16, 11:55AM CDT
Barchart
Thu May 16, 11:55AM CDT
Lean hogs are posting a $1.02 to $1.45 rally in the front months on Thursday. USDA’s National Average Base Hog negotiated price was up 40 cents on Thursday AM at 89.36. The CME Lean Hog Index was back up 47 cents on May 14 at $91.76. Pork sales in the...
Cattle Leading with Triple Digit Gains
Barchart - Thu May 16, 11:55AM CDT
Barchart
Thu May 16, 11:55AM CDT
Live cattle are trading the Thursday session with $1 to $1.20 gains across most contracts at midday. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no bids or sales on the 1,352 head listed this morning, with asks in the $185-186 range. Very light...
Are cattle futures setting up for a breakout?
Blue Line Futures - Thu May 16, 9:02AM CDT
Blue Line Futures
Thu May 16, 9:02AM CDT
Cattle futures perked up in yesterday’s trade and are knocking on the door of a breakout. These are the levels to keep an eye on in today’s trade.
Hogs Ready to Kick Off Thursday Trade
Barchart - Thu May 16, 7:34AM CDT
Barchart
Thu May 16, 7:34AM CDT
Lean hogs settled the Wednesday session on a mixed note, as front months were down 5 to 82 cents, with the other 24 contracts steady to 27 cents higher. USDA’s National Average Base Hog negotiated price was down $2.10 on Wednesday afternoon at 88.73. The CME Lean Hog Index was...
Cattle Look to Thursday After Midweek Strength
Barchart - Thu May 16, 7:34AM CDT
Barchart
Thu May 16, 7:34AM CDT
Live cattle posted Wednesday gains of 7 to 40 cents across the board, following more boxed beef strength. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no sales on the 1,352 head listed on Wednesday morning, with bids of $181-181.25 and asks in the...
Grain Markets: Will Global Production Issues Continue to Push Wheat Prices Higher?
Barchart - Wed May 15, 6:36PM CDT
Barchart
Wed May 15, 6:36PM CDT
In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets.
Shootin' the Bull about more beef and fewer cattle
Swift Trading Company - Wed May 15, 5:05PM CDT
Swift Trading Company
Wed May 15, 5:05PM CDT
Of the most interest is that we are currently producing more beef than last year with fewer cattle. Of everything you can mention that has created this, you are correct. It's taken everything possible to have accomplished such a feat.
Hogs Post Mixed Trade on Wednesday
Barchart - Wed May 15, 4:58PM CDT
Barchart
Wed May 15, 4:58PM CDT
Lean hogs settled the Wednesday session on a mixed note, as front months were down 5 to 82 cents, with the other 24 contracts steady to 27 cents higher. USDA’s National Average Base Hog negotiated price was down $2.10 on Wednesday afternoon at 88.73. The CME Lean Hog Index was...
Cattle Post Midweek Strength
Barchart - Wed May 15, 4:58PM CDT
Barchart
Wed May 15, 4:58PM CDT
Live cattle posted Wednesday strength of 7 to 40 cents across the board, following more boxed beef strength. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no sales on the 1,352 head listed on Wednesday morning, with bids of $181-181.25 and asks in the...
Pure Hedge - Livestock and Grain
Walsh Trading - Wed May 15, 4:57PM CDT
Walsh Trading
Wed May 15, 4:57PM CDT
Grains Break Hard Off the Highs- Livestock Mixed
Cattle Holding Higher on Wednesday’s Midday
Barchart - Wed May 15, 11:55AM CDT
Barchart
Wed May 15, 11:55AM CDT
Live cattle are extending the week’s gains, as contracts are up 17 to 50 cents at midday. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no sales on the 1,352 head listed on Wednesday morning, with bids of $181-181.25 and asks in the $185-186...