Futures Market Recap

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

Grains & Oilseed Futures Soar on Weather Concerns

Cattle futures slid on Monday as hot weather limited appetite for beef and stressed herds. Prices across the cattle market have fallen recently on the back of a seasonal tendency to eat less beef in the summer heat, particularly after

Weather Concerns Continue to Drive Grain & Oilseed Futures

Hog futures inched higher on soaring pork belly prices on Friday, while cattle futures were mixed. Fresh pork belly prices are at all-time highs, according to Dennis Smith, a broker at Archer Financial Services. Cattle futures were mixed, closing lower

Wheat Futures Slide on Profit Taking

Hog futures tumbled off their perch on Thursday as traders locked in profits on a recent rally. Analysts said wavering wholesale pork prices this week prompted some traders to roll out of their optimistic bets, in case futures peak. Cattle

Drought Concerns Pull Grain & Oilseed Futures Higher

Cattle futures fell to a low for the year on Wednesday after packers dropped bids at a closely watched online auction. Hog futures were higher as traders tried to close the gap between later month contracts and the cash market.

Wheat Futures Pull Other Grains Higher

Cattle futures touched a multi month low before closing unchanged in a quiet session on Monday, as a continued slide in beef prices pressured prices. Grilling demand ahead of Independence the holiday hasn’t been enough to prevent a sharp correction

Wheat Futures Break the $5 Mark

Hog futures rose on strong pork demand Friday despite a government report showing the U.S. herd swelling to the largest on record for this time of year. U.S. Department of Agriculture said late Thursday that the number of hogs and

Wheat Futures See Double-Digit Increase on Drought Woes

Lean hog futures rallied ahead of a government update on hog expansion that was released after the close. In the cattle market, traders said light cash trade for the June contract, which expires today, continued to be behind futures July

NC Broiler/Fryer Harvest Remains over 3 million Head

Cattle:  At the livestock auction held Tuesday in Shelby a total of 406 cattle were sold.  Compared to last week, slaughter cows were 1.00 to 6.00 higher; while bulls were mixed, 9.00 lower to 3.00 higher.  Broiler-Fryers:  The North Carolina

Grains & Oilseeds Finish Higher

Livestock futures ended lower Tuesday following Monday’s limit up day in the cattle market. The market is now preparing for a seasonal lull that typically occurs after July 4th as meat demand dies down. June live cattle was off 187