Tag "lean hog futures"
Cattle contracts posted triple-digit gains in the last hour of trade with aggressive end-of-month buyer support. All active contracts saw active support despite light volume. Livestock contracts move into May with a bullish tone. Midday: Livestock futures have remained
Livestock futures have remained sluggish through much of the morning Friday. But trade activity is starting to pick up allowing for wider price swings and increased volatility to develop near closing bell following sharp cash cattle gains during the week.
Look for the cattle complex to open substantially higher, supported by follow-through buying and new cash premiums. Lean hog futures should also benefit Friday from Thursday’s bullish momentum. Cattle: Firm w/Thurs advance Futures: 50-100 HR Live Equiv NA* Hogs: Steady-$1
Cash cattle prices surged higher Thursday afternoon with active trade in all areas. Futures closed limit higher in both live cattle and feeder cattle contracts. Midday: Strong Gains develop in livestock futures as a combination of commercial and investment
Strong Gains develop in livestock futures as a combination of commercial and investment buyers flood to the market Thursday morning. This has pushed cattle futures limit higher as trade is now locked in daily trading limits. GENERAL COMMENTS: Aggressive buyer
Live and feeder futures should open solidly higher, supported by follow-through buying, technical encouragement, and cash optimism. Lean hog contracts are likely to begin moderately lower, checked by residual selling and uncertain product demand. Cattle: Steady-$2 HR Futures: 50-100 HR
Live and feeder futures exploded higher with most months settling at new contract highs. Lean hog issues closed lower, pressured by long liquidation and the reassertion of cattle/hog spreads. Midday: New contracts highs have been set in most live cattle
New contracts highs have been set in most live cattle and feeder cattle contracts with triple-digit rallies developing during morning trade. The aggressive support seen through the Wednesday session is bringing another round of buyer support to the complex with
Triple-digit gains dominated the lean hog trade with summer issues blasting back into the low 70s. The cattle complex staged a decent recovery in the wake of Monday’s post-report crash. Midday: Active buying continues to develop in lean hog
Active buying continues to develop in lean hog trade as nearby contracts post gains near $2.50 per cwt in June and July contracts. This is allowing for aggressive market support to redevelop across the entire complex. Firm buyer support is