Futures Market Recap

Grains & Oilseed Futures Jump on Weather Concerns

Cattle futures were mixed on Thursday as traders reckoned with a bumpy start to the week’s cash market. Traders are still processing a sharp reversal on Tuesday that saw cattle futures drop on weak technical indicators even as beef prices

Grain & Oilseed Futures Soar

Live cattle futures rebounded on Wednesday from a steep reversal earlier in the week, closing higher during a volatile session. June Live cattle rose 100 to $131, and the August contract gained 57 to $124, while August feeder cattle futures

Cattle Futures Hang a U-Turn Lower, Hogs Steady

Cattle futures fell Tuesday, doing a U-turn after testing seasonal highs at the opening. Feeder cattle futures touched a fresh year high and live cattle futures climbed just short of their early May peak, but the contracts went south late

Grains & Soybean Futures Await Crop Progress Reports

Cattle futures climbed Monday while hogs slid, as traders bet that wide beef packer margins would keep prices in the cattle market high. Hog futures, which rose through the month of May, fell as traders took profits. June Live cattle

Lower Dollar Pushes Grain & Oilseed Futures Higher

Cattle futures jumped on Friday after beef packers paid sharply higher prices in the cash market. With packer margins per animal well into triple digits, feedyards have raised asking prices for their cattle despite a tendency to slump at this

Cattle Futures End the Day Limit Up

Cattle futures soared to their upper limit on Thursday as traders looked to close the discount to cash-market prices. Packer margins have soared as beef prices remain high after a Memorial Day weekend boost. That has allowed packers to spend

Hog Futures Jump to New Highs

Hog futures jumped to new highs Wednesday as pork prices recovered from a post-Memorial Day slump. Higher prices for hogs in Tuesday’s cash trade helped push futures higher. June Lean hogs rose 142 to 81.92, touching a high for the

Grain & Oilseed Futures Plummet on Favorable Weather

Cattle futures rose on Tuesday even as the supply of cattle grows. USDA said on Friday that total cattle-on-feed as of May 1 rose  from the same time last year, and cattle placement and marketing for the month of April

Cattle Futures End Rally

Cattle futures reversed course to turn lower as the USDA cattle-on-feed report exceeded expectations. Still, cash prices remained strong headed into Memorial Day weekend when grills are expected to fire up the livestock markets. June live cattle futures fell 122

Cash Markets Support Livestock Futures

Livestock futures inched higher on Thursday, reversing course after a mixed start to the trading session. Cash prices for cattle so far this week are lower than previous weeks, though they remain at a considerable premium to futures. That’s helping