Futures Market Recap

Cattle Future Soar into the Weekend

Cattle futures resumed their upward path Friday as end-of-week buying buoyed cash markets and fed through to derivative markets. The prospect of higher supplies ahead of the holiday season didn’t deter sellers from holding out for higher cash prices, driving

Livestock Futures Slip

Livestock futures fell Thursday as the prospect of larger supplies started to chip away at the elevated cash prices that have triggered contract highs in recent sessions. The potential supply squeeze that triggered higher cash cattle prices last week still

Livestock Futures Slip in Narrow Trading Range

Livestock futures traded in a narrow range Wednesday as packers clawed back some margin in the cash markets that have underpinned gains in both cattle and hogs in recent sessions. December hogs slipped 140 to 66.60, February fell 85 to

Livestock Futures Continue to Rise

Livestock futures surged again Tuesday as meatpackers scrambled for supplies to satisfy strong consumer demand and fill recently-expanded slaughtering capacity. Hog futures gained more than 4% and cattle rose almost 2% to new contract highs as meatpackers accepted lower margins

Livestock Futures Continue Upswing

Cattle futures jumped after meatpackers boosted bids to buy cattle late last week. Hogs gained. October live cattle futures closed Monday at their highest level in four months after beef processors surprised analysts with much stronger-than-expected prices paid to secure

Cotton Futures Stabilize Going into Weekend

Hog futures sank as traders questioned whether the market can maintain momentum with pigs headed to slaughter in record numbers. Cattle contracts gained. Though hog futures on Friday staged a late rebound from the session’s low point, the decline again

Soybean Futures Fall for Third Straight Session

Cattle futures prices bounced higher on bets that rising beef prices won’t soften consumer and export demand. Hog futures also climbed. Live cattle futures at the Chicago Mercantile Exchange closed Thursday at their highest level since Aug. 4, resuming a

Hog Futures Continue to Rise

Cattle futures closed lower after hitting an 11-week high earlier in Wednesday’s session. Futures rose earlier this week in anticipation of higher cash prices for slaughter-ready cattle. Sales didn’t materialize Wednesday morning, however, as meatpackers and feedyards haggled over bids.

Hog Futures Continue to Rise Despite Growing Supplies

Cattle futures bounced on Tuesday despite growing government supply forecasts. Contracts for feeder cattle rose to the highest close in over four months. October feeders rose 210 to $155. October live cattle futures rose 210 to $113, December gained 277

Cotton Futures Soar on Freeze Warnings

Cattle futures were mixed after an early selloff. The USDA said late last week that cattle placements in September were up 13% from a year earlier, well above expectations.  Futures initially fell sharply as traders prepared for larger supplies next