Futures Market Recap

Hog Futures Plunge

Hog futures fell over 3% to the lowest point this year as pork belly prices continued to drag down the market. Pork bellies have fallen sharply after soaring to record-high prices earlier this summer on the back of booming demand

Livestock Futures Drift Lower

Cattle futures drifted lower at the start of the week as traders consolidated after recent gains. The cattle market last week “found good demand on ideas that the cattle market has finally reached a delayed seasonal low,” said Chicago-based research

Livestock Futures End the Week with Gains

Cattle futures rose to a three-week high despite ongoing pressure in cash and meat markets. Many are betting that cash prices for slaughter-ready cattle are bottoming. October Live cattle rose 110 to $107, December gained 172 to $112, and September

Hog Futures Take a Beating After a Week of Gains

Hog futures fell over 3%, undoing a rally earlier this week, while cattle futures rose. Some of the momentum came as traders reversed bets that hog prices would rise and cattle would fall.  The hog market had started the shortened

Corn & Bean Futures Gain on Weather Issues

Hog futures were mixed, easing after starting the week with an emphatic rally. October lean hog futures fell 20 to 63.55, December gained 10 to 60.27.  Analysts said the rally created upward momentum in a market that has otherwise been

Cotton Futures Soar on Weather Issues

Hog futures leaped as a slump in meat and cash prices halted. October Lean hog futures rose 230 to 63.75, touching their upper daily limit of 64.45 earlier in the session. That was the highest close since August 24. The

Heavy Producer Selling Push Corn Futures Lower

Livestock futures were mixed in a quiet session. The cattle market has been under pressure this week after prices in the cash trade for slaughter-ready cattle fell from a week earlier. October Live cattle fell 25 to $105, December gained

Grain & Oilseed Futures Soar Into the End of the Month

Livestock futures were mixed as traders searched for seasonal lows. Lean hog futures for October rose before giving back most gains to close 5 higher at 61.4, December gained 82 to 58.02.  Later-month contracts were also higher. Cattle futures, meanwhile,

Cotton Futures Continue to Climb, Corn Futures Topple

Cattle futures undid early losses to close largely unchanged, supported by technical factors and steady beef prices. Wholesale beef has inched higher this week, pausing several weeks of losses. That has traders betting the broader cattle-and-beef market could stabilize in

Cotton Futures Continue to Gain

Cattle futures turned lower on Tuesday, erasing an early-week rally as traders refocused on large supplies. A USDA report on Friday showed a slowdown in the rate of cattle placed in feedlots for fattening in July, suggesting that current large