Hogs Close Out the Week with Gains
Hogs Close Out the Week with Gains
Lean hog futures posted nearby gains of 40 cents to $1 on Friday, as December was up $1.05 this week. USDA’s national base hog price was reported at $71.53 on Friday…
Cattle Rally into the Weekend
Cattle Rally into the Weekend
Live cattle futures posted positive trade on Friday, with contracts up anywhere from 20 cents to $1. Cash trade kicked off on Friday, with some action at $186 reported in the South, up…
Cattle Rally Continues on Friday
Cattle Rally Continues on Friday
Live cattle futures are rallying back on Friday, with contracts $1 to $2.60 higher. December options expire today. Cash trade kicked off kicked off with $220-222 action in the north. Sothern…
Dollar Recovers Early Losses as Bond Yields Rise
Dollar Recovers Early Losses as Bond Yields Rise
The dollar index (DXY00) on Friday rose by +0.02%. The dollar recovered from early losses on Friday and finished little changed. Friday's rally in stocks reduced liquidity demand for the…
Dollar Weakens on Improved Fed Rate Cut Prospects
Dollar Weakens on Improved Fed Rate Cut Prospects
The dollar index (DXY00) today is down by -0.08%. The dollar is slightly lower today and is holding just above Thursday's 5-week low. Today's strength in stocks has reduced liquidity…
Stocks Rally on Benign Inflation News
Stocks Rally on Benign Inflation News
The S&P 500 Index ($SPX) (SPY) today is up by +0.32%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.48%. December…
Soybeans Fading Chinese Buying with Friday Losses
Soybeans Fading Chinese Buying with Friday Losses
Soybeans are showing Friday losses of 10 to 12 cents so far at midday. The cmdtyView national average Cash Bean price is 11 1/2 cents lower at $10.37 1/4. Soymeal futures are…
