Live Cattle futures finished the day mixed as the market awaits cash trade this week. Feeder Cattle futures finished higher with the exception of the August contract with the Feeder Cattle index falling lower. Lean Hogs finished lower today despite the pork cutout finding support. Corn futures traded to the lowest level in over a month as traders await tomorrows WASDE Report.
Live Cattle futures recovered from large losses in the middle of the day to finish the day mixed. Feeder Cattle futures finished the day higher following the Feeder Cattle index which is now at the highest level in three weeks. Lean Hog futures tested contract lows today but ended the day mostly higher. Corn futures lost the momentum from the overnight session and finished the day steady as traders continue to monitor weather.
Live Cattle futures finished the day with modest gains as the technical picture looks better along with the thought of higher cash this week. Feeder Cattle futures finished the day higher as the Corn market was lower and the Feeder Cattle index has begun to work higher. Lean Hog futures have traded sideways for three days after plunging lower for two days last week. Corn futures started the week higher but lost most of those gains today as the radar shows precipitation across much of the Corn Belt.
Live Cattle futures finished higher each of the final four days this week and the cash market was supported for the first time in over a month. Feeder Cattle futures finished the week higher after beginning the week under pressure due to the future opening of the Mexican border. Lean Hog futures saw big losses in the middle of the week but finished the week with decent gains. Corn futures finished lower four days this week and fell below technical support areas at the end of the week.
Live Cattle futures finished the day sharply higher after trading lower with the Feeder Cattle futures yesterday. Feeder Cattle futures were sharply higher in the nearby contracts but lower in the deferred as traders price in more supply in the future with the opening of the Mexican border. Lean Hog futures finished the day with good gains after trading sharply lower on Monday. Corn futures rebounded today after the grain complex as a whole felt pressure to start the week.
Live Cattle futures traded on both sides of steady today in anticipation of today’s Cattle on Feed and Cattle Inventory Reports. Feeder Cattle futures started the day sharply higher but traded lower in the late morning and ended the day with decent gains. The Lean Hog complex finished higher each of the final two days this week as the pork cutout posted new recent highs this week. Corn futures fell victim to a lower wheat market earlier this morning but shrugged that off late in the day and finished mixed.
Live Cattle futures finished lower every day this week as cash trade was sharply lower and boxed beef struggles to hold steady. Feeder Cattle futures faced a higher Corn market and lower Live Cattle futures, and ended the week lower. Lean Hogs finished the week with good gains as the cash fundamentals begin to work higher. Corn futures finished the week with good gains with plenty of news from around the world supporting the complex.
Live Cattle futures finished the day lower following the futures trend and the lower cash market the past few weeks. Feeder Cattle futures were mostly lower with the exception of the August contract that is trying to stay in line with the cash market. Lean Hogs finished lower today but remain above the 20-day MA. Corn futures followed up yesterday’s sharply higher close with good gains today as the forecast shows heat remaining and the funds were short the complex.
Live Cattle futures finished lower each day of the holiday shortened week due to a poor technical picture and a struggling boxed beef market. Feeder Cattle futures also finished lower everyday this week with Corn rebounding and Live Cattle moving lower. Lean Hogs found technical support this week following last week’s Hogs and Pigs Report. The Corn market moved higher after a neutral USDA Planted Acres Report in the middle of the week.
Live Cattle futures traded higher the majority of the day but remain in the same trading range that has been set for three weeks. Feeder Cattle futures pushed to new highs for the move as the CME Feeder Cattle index continues to move higher. Lean Hogs finished the day higher as the pork cutout remains at historic levels for December. Corn futures have now finished lower three days in a row after posting new highs for the month of December at the end of last week.
Live Cattle finished with a small weekly loss following another week of steady cash trade. Feeder Cattle futures finished the week higher as the Feeder Cattle index continues to work higher. Lean Hog futures fought off a bearish Hogs and Pigs Report in the middle of the week and remain near their highs of the month. Corn futures posted new highs for the month this morning as the technical picture continues to improve.
Live Cattle futures finished the day lower as cash trade has been stagnant and slow to develop. Feeder Cattle futures also finished lower despite the CME Feeder Cattle index being quoted higher for the ninth day in a row. Lean Hogs finished the day slightly higher, but did push to new highs as traders waited for this afternoon’s Hogs and Pigs Report. Corn futures finished the day slightly higher after another day with a tight range heading into the holidays.
Live Cattle futures finished the week higher following a very quiet week of cash cattle. Feeder Cattle futures finished at the highest levels since the middle of October as the Feeder Cattle index continues to push higher. Lean Hogs have been supported by a strong pork cutout market and worries of pork supplies overseas. Corn futures finished the week with a net gain after testing support levels in the middle of the week.
Live Cattle futures finished the day slightly higher as cash trade has yet to take place this week. Feeder Cattle futures were higher the entire day as the CME Feeder Cattle index continues to work higher. Lean Hog futures failed to post a new high for the move today but finished near the highs of the day. Corn futures have now finished lower three days in a row and are testing technical support levels.
Live Cattle futures ended the week lower after another week of higher cash trade and lower boxed beef prices. Feeder Cattle futures finished the week unchanged compared to last Friday as the CME Feeder Cattle index continues to work higher. Lean Hogs continue to be supported by the pork cutout and has pushed the futures to 45-day highs. Corn finished the week near its lows after this week’s friendly WASDE Report.
Live Cattle futures finished the day mostly higher as traders wait for indications as to what this week’s cash prices will be. Feeder Cattle futures trades both sides of steady before finishing slightly lower. Lean Hogs finished mostly lower breaking a four-day streak of higher closes. Corn futures found support on increased export demand in today’s WASDE Report.
Live Cattle futures surged higher to finish the week following a sharply higher cash market. Feeder Cattle futures also finished the week higher after testing technical support early in the week. Lean Hogs continue to find support surrounding the news of ASF in Spain. Corn futures bounced between resistance and support levels all week, but finished the week slightly lower.
Live Cattle futures finished the day sharply higher as feedlots are expecting a higher cash market this week. Feeder Cattle futures traded limit higher today but could not finish there as volatility remains extreme within the complex. Lean Hogs have finished lower three days in a row following the cash market lower while the cutout has found support. Corn took out overhead resistance this morning after news broke of tensions between Russia and Ukraine.
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