Futures Market Recap

Grain & Soybean Futures Extend Losses

Cattle futures reversed course, falling as traders fretted over increasing supplies. The futures market was also under pressure from a government report on Friday that showed producers placing more cattle in the feedlots than previously expected, suggesting slaughter-ready cattle supply

Benevolent Weather Pushes Grains & Oilseed Futures Lower

Frozen pork-belly stocks in June were the lowest on record, as sizzling demand for bacon kept reserves tight and prices high. Hog futures fell ahead of the report, as lower cash-market prices offset the bump from rising pork-belly costs. August

Midwestern Rains Push Grain & Oilseed Futures Lower

In a report released after markets closed, USDA said the total number of cattle on feed in commercial feedlots rose to 10.8 million head as of July 1, up 4% from 10.4 million the same time last year. Improving weather

Livestock Futures Fall on Increased Grain Prices….Again

Higher cash cattle sales on Thursday did nothing for futures, that fell in response to higher grain prices.  August live cattle fell 140 to $115, October dropped 180 to $117, and August feeders dropped 222 to $152. Hog futures ended

Corn & Soybean Futures Continued Rally

Cattle futures reversed course to bounce higher as beefpackers spent more at a closely watched online auction. Gains in the meat and cash markets helped cattle futures turn higher, too, changing direction after falling earlier this week. The report of

Unexpected Bump in Pork Prices Pushes Hog Futures Higher

Hog futures started the week higher on an unexpected bump in pork prices. Cattle futures were mixed, with the front-month contract lower while later months rose. August  lean hogs rose 87 to 80.77, October also gained 87 to 68.05. August

Hog Futures Fall Sharply and Bears Show Up

Hog futures fell sharply as traders bet a recent run-up had come to an end. Hog contracts trended upward through much of this year, hitting multiyear highs in early July on the back of strong demand for pork meats like

Grain & Oilseed Futures Fail to Hang on to Gains

Livestock futures were mixed as traders consolidated recent gains. Higher-than-expected cattle sales in the cash trade sparked a rally in the futures market on Wednesday. An uptick in prices, first at an online auction and then in follow-up sales, sent

Cattle Futures Close Limit Up on Oversupply of Feed Grains

Cattle futures rose to their upper daily limits on Wednesday as feed prices dipped on government supply-and-demand figures. USDA raised its projections for domestic and global corn stocks above expectations. That helped send futures contracts for corn down. Hog futures

Cattle Futures Bounce on Softer Corn Futures

Cattle futures bounced on Tuesday as falling grain prices cut feed costs for producers. August feeder cattle rose 257 to $147.  A correction in corn prices on Tuesday, which have recently rallied over concerns about dry weather, helped reduce the