Futures Market Recap

Cattle Futures Continue to Rise

Cattle futures rose on Wednesday as rising beef prices underpinned strength in the market. That was despite another slow online auction Wednesday morning. That’s the result of a lingering standoff between feedyards and beefpackers. Recent tight supplies led to high

Hog Futures Fall to Lowest Close All Year

Cattle futures rose Tuesday after wholesale beef prices bounced for the first time in over two weeks. Hog futures fell to a new low Tuesday, closing at the lowest point this year. The cash market for hogs has pressured futures,

Commodity Futures Start the Week with a Bounce

Cattle futures rose on Monday as traders were buoyed by steadying prices in the cash market. Expectations that high prices between feedyards and meatpackers could tumble have so far amounted to little, with sales still averaging above futures prices. That

Hog Futures Continue to Slide on Over Supply

Cattle futures extended a rally on Friday, rising as traders bet feedyards would resist meatpacker-pressure to lower prices in the cash market. While cash prices for live cattle have fallen in recent weeks, traders are betting that they will remain

Livestock Futures Rise on Export Sales

Livestock futures rose on Thursday as stronger meat exports buoyed traders. Signs that international demand for U.S. meat is increasing offset some concerns about rising domestic supply, which have pressured prices lower in recent weeks. Exports of beef rose 9%

Grain & Soybean Futures Bounce

Cattle futures steadied on Wednesday despite a closely watched online auction that ended without any sales for the first time. Prices in the cattle market have taken a tumble in recent weeks, with beef prices sliding for 10 consecutive days

Corn Futures Start the Week with a Gain

Livestock futures fell on Monday as increasing supplies of meat continued to pressure prices. April lean hog futures dropped 87 to 64.80 as hog slaughter and pork production continue rising even while prices stagnate.  May lean hogs fell 45 to

Livestock Futures Stabilize at the End of the Week

Livestock futures stabilized Friday, finding a floor after a week of losses. April live-cattle futures ended Friday’s session off 5 from previous day at $119, June closed unchanged at $110, and April feeders gained 140 to $133.  Lean hog futures

Hog Futures Rise Ahead of Hogs & Pigs Report

Hog futures rose Thursday ahead of a report that showed the domestic herd at a record high for this time of year. USDA’s quarterly data released after the markets closed showed the country’s total hog and pig herd at 71

Livestock Futures Inch Up

Livestock futures inched up on Wednesday despite growing unease about a glut in the cattle and hog markets. Analysts expect to see an increase in the domestic hog herd when the USDA releases a quarterly inventory report later today. Given