Latest News
Cattle Shoot Higher After USDA Confirms Negative H5N1 Meat Samples
Barchart - Thu May 2, 12:07PM CDT
Barchart
Thu May 2, 12:07PM CDT
Live cattle are posting midday gains of $2 to $3.40 following the USDA H5N1 announcement. Cash trade has been slow to develop this week with a few $186 in KS reported by the USDA, with NE at $187. Both would be an improvement on the week, but noted volume has...
Hogs Posting Mixed Thursday Action
Barchart - Thu May 2, 12:07PM CDT
Barchart
Thu May 2, 12:07PM CDT
Lean hogs are showing losses of 12 to 67 cents in the front months on Thursday, with gains in the deferreds. USDA’s National Average Base Hog negotiated price was down $1.63 from the day prior in the Thursday morning report at $89.43. The CME Lean Hog Index was back up...
Cattle Look to Thursday After USDA Confirms Negative H5N1 Meat Samples
Barchart - Thu May 2, 7:33AM CDT
Barchart
Thu May 2, 7:33AM CDT
Live cattle were lower again on Wednesday, with contracts down $1.12 to $2.37 at the close. Cash trade has yet to develop this week. The Central Stockyards online Fed Cattle Exchange auction saw no sales on the 998 head offered, with no bids, and asks of $184-185. Last week’s trade...
Hogs Focus on Thursday Trade
Barchart - Thu May 2, 7:33AM CDT
Barchart
Thu May 2, 7:33AM CDT
Lean hogs fell lower on Wednesday, as contracts were anywhere from $1 to $2.05 in the red. USDA’s National Average Base Hog negotiated price was down a penny from the day prior in the Wednesday PM report at $92.02. The CME Lean Hog Index was down 26 cents on April...
Pure Hedge - Livestock and Grain
Walsh Trading - Wed May 1, 5:13PM CDT
Walsh Trading
Wed May 1, 5:13PM CDT
Patient and Accurate
Cattle Head Lower to Close Out Wednesday
Barchart - Wed May 1, 5:02PM CDT
Barchart
Wed May 1, 5:02PM CDT
Live cattle fell lower again on Wednesday, with contracts down $1.12 to $2.37 at the close. Cash trade has yet to develop this week. The Central Stockyards online Fed Cattle Exchange auction saw no sales on the 998 head offered, with no bids and asks of $184-185. Last week’s trade...
Hogs Fall to Weakness on Wednesday
Barchart - Wed May 1, 5:02PM CDT
Barchart
Wed May 1, 5:02PM CDT
Lean hogs fell lower on Wednesday, as contracts were anywhere from $1 to $2.05 in the red. USDA’s National Average Base Hog negotiated price was down a penny from the day prior in the Wednesday PM report at $92.02. The CME Lean Hog Index was down 26 cents on April...
Shootin' the Bull about entrenched stagflation
Swift Trading Company - Wed May 1, 3:07PM CDT
Swift Trading Company
Wed May 1, 3:07PM CDT
Inflation has remained higher for longer than anyone predicted. Especially the Fed. Their once transitory inflation has spun completely out of control. Attempts to reel in consumer spending has been met head on with increased government spending.
Cattle Fading Early Session Recovery with Midday Losses
Barchart - Wed May 1, 12:01PM CDT
Barchart
Wed May 1, 12:01PM CDT
Live cattle are in freefall again on Wednesday after holding up earlier in the session. Contracts are down $1.67 to $2.95 at midday. Cash trade has yet to develop this week. The Central Stockyards online Fed Cattle Exchange auction saw no sales on the 998 head offered, with no bids...
Hogs Head Lower on Wednesday
Barchart - Wed May 1, 12:01PM CDT
Barchart
Wed May 1, 12:01PM CDT
Lean hogs are down $1.10 to $2.07 on the Wednesday session so far. USDA’s National Average Base Hog negotiated price was up 34 cents from the day prior in the Wednesday morning report at $91.06. The CME Lean Hog Index was down 26 cents on April 29 at $90.26. USDA’s...
Hogs Switch Focus to Wednesday After Mixed Tuesday
Barchart - Wed May 1, 7:32AM CDT
Barchart
Wed May 1, 7:32AM CDT
Lean hogs closed out the Tuesday session with contracts anywhere from 45 cents lower to 62 cents higher as the summer months finished the weakest. USDA’s National Average Base Hog negotiated price was up $2.40 from the day prior on Tuesday afternoon at $92.03. The CME Lean Hog Index was...
Cattle Look for Recovery on Wednesday
Barchart - Wed May 1, 7:32AM CDT
Barchart
Wed May 1, 7:32AM CDT
Live cattle closed out the Tuesday session with contracts fading another $2.17 to $2.72 as April rolled off the board. Cash trade has yet to develop this week, with last week $182-183 in the South, steady to $1 higher. Northern trade was reported at $184-186, steady to $2 higher on...
Hogs Mixed Around at the Tuesday Close
Barchart - Tue Apr 30, 4:59PM CDT
Barchart
Tue Apr 30, 4:59PM CDT
Lean hogs closed out the Tuesday session with contracts anywhere from 45 cents lower to 62 cents and the summer months the weakest. USDA’s National Average Base Hog negotiated price was up $2.40 from the day prior on Tuesday afternoon at $92.03. The CME Lean Hog Index was back down...
Cattle Extends Slide on Tuesday
Barchart - Tue Apr 30, 4:59PM CDT
Barchart
Tue Apr 30, 4:59PM CDT
Live cattle closed out the Tuesday session with contracts fading off another $2.17 to $2.72 as April rolled off the board. Cash trade has yet to develop this week, with last weeks was $182-183 in the South, steady to $1 higher. Northern trade was reported at $184-186, steady to $2...
Shootin' the Bull about bird flu or no margins.
Swift Trading Company - Tue Apr 30, 3:11PM CDT
Swift Trading Company
Tue Apr 30, 3:11PM CDT
A great deal transpired today. Whether you believe the price decline an aspect of the bird flu, or like me, believe that with no margin and fewer aspects of trading higher, there is no reason to pay more for anything, prices are lower.
Hogs Posting Tuesday Weakness
Barchart - Tue Apr 30, 11:57AM CDT
Barchart
Tue Apr 30, 11:57AM CDT
Lean hogs are showing 17 to 50 cent losses so far on Tuesday. USDA’s National Average Base Hog negotiated price was up $1.09 from the Monday PM report on Tuesday morning at $90.72. The CME Lean Hog Index was back down 52 cents on April 26 at $90.36. USDA’s National...
Cattle Extending Slide on Tuesday
Barchart - Tue Apr 30, 11:57AM CDT
Barchart
Tue Apr 30, 11:57AM CDT
Cattle futures are down $2.52 to $3 on Tuesday, as expiring April is up 40 cents. Cash trade has yet to develop this week, with last weeks was $182-183 in the South, steady to $1 higher. Northern trade was reported at $184-186, steady to $2 higher on the week, with...
Hogs Shift Focus to Tuesday Trade
Barchart - Tue Apr 30, 7:23AM CDT
Barchart
Tue Apr 30, 7:23AM CDT
Lean hogs were mixed as the trade ended on Monday, with front months steady to 50 cents lower and back months down 22 to 47 cents. USDA’s National Average Base Hog negotiated price was down 75 cents in the Monday PM report at $89.63. The CME Lean Hog Index was...
Cattle Look to Rebound Following Monday’s Losses
Barchart - Tue Apr 30, 7:23AM CDT
Barchart
Tue Apr 30, 7:23AM CDT
Cattle futures were mostly down 30 cents to $1.42 on Monday with April up 72 cents ahead of expiration today. Cash trade last week was $182-183 in the South, steady to $1 higher. Northern trade was reported at $184-186, steady to $2 higher on the week, with a few trickling...
Hogs Close Monday Mixed
Barchart - Mon Apr 29, 5:24PM CDT
Barchart
Mon Apr 29, 5:24PM CDT
Lean hogs were mixed as the trade commenced on Monday, with front months up steady to 50 cents lower and back months down 22 to 47 cents. USDA’s National Average Base Hog negotiated price was down 75 cents in the Monday PM report at $89.63. The CME Lean Hog Index...
Cattle Pull Back on More H5N1 News
Barchart - Mon Apr 29, 5:24PM CDT
Barchart
Mon Apr 29, 5:24PM CDT
Cattle futures were down 30 cents to $1.42 on Monday with April up 72 cents ahead of tomorrow’s expiration. Cash trade last week was 182-183 in the South, steady to $1 higher. Northern trade was reported at $184-186, steady to $2 higher on the week, with a few trickling in...
Shootin' the Bull about not much of anything
Swift Trading Company - Mon Apr 29, 4:51PM CDT
Swift Trading Company
Mon Apr 29, 4:51PM CDT
Not much transpired today. Traders just don't seem to be willing to produce premium on futures contract for the industry to dump cattle on them. With beef production down 2.6% year over year, there isn't much reason to.
Hogs Bounce Back After Weak Open
Walsh Trading - Mon Apr 29, 4:34PM CDT
Walsh Trading
Mon Apr 29, 4:34PM CDT
Hogs Close unchanged
Pure Hedge - Livestock and Grain
Walsh Trading - Mon Apr 29, 4:33PM CDT
Walsh Trading
Mon Apr 29, 4:33PM CDT
Sell into Strength. Ground Beef now being Tested for Bird Flu
Cattle Weaker to Start New Week
Barchart - Mon Apr 29, 11:59AM CDT
Barchart
Mon Apr 29, 11:59AM CDT
Cattle futures are down a dime to $1.32 on Monday with April up 32 cents ahead of tomorrow’s expiration. Cash trade last week was 182-183 in the South, steady to $1 higher. Northern trade was reported at $184-186, steady to $2 higher on the week, with a few trickling in...