by Brian Schad | Aug 11, 2015 | Hog Fututres, Livestock Futures
Hog futures may not reflect it now, but spot pork belly prices have been on a tear since May due to the many creative uses of bacon in restaurants which is helping demand, but also depleting supplies. Hog futures are down .65 cents (CWT) today currently trading at...
by Brian Schad | Jul 28, 2015 | Hog Fututres, Livestock Futures
Hog futures have halted their first-quarter slide and appear to be making their way higher as record production of hogs is reportedly putting more pork on the menu. Hog futures are up over $1.52 per CWT and are currently trading at $65.07 (CWT) at the Chicago...
by Brian Schad | May 19, 2015 | Hog Fututres, Livestock Futures
Feeder cattle futures have been hovering at these levels for the better part of this month, but are having difficulty following through above $2.20 per pound let alone come close to challenging last year’s highs. The August feeder cattle contract closed down 120...
by Brian Schad | Feb 24, 2015 | Hog Fututres, Livestock Futures
Despite energy and gold dominating the news wires recently, lean hog futures are the one commodity that has actually fallen MORE than crude oil. Lean hog futures are actually up 40 points at the Chicago Mercantile Exchange (as of this writing), but in the overall...
by Brian Schad | Feb 4, 2015 | Cattle Futures, Hog Fututres, Livestock Futures
High beef prices and rising demand for pork products as a cheaper alternative are setting the stage for beef to take a back-seat in production (for pork) for the first time since 1952. Both livestock animals have been hit hard lately with drought, high feed costs, and...
by Brian Schad | Nov 20, 2014 | Hog Fututres, Livestock Futures
Hog futures traded at the Chicago Mercantile Exchange have risen as high as 7.5% year-to-date, heading for the biggest gain in four years. Hog futures are currently trading at $0.9040 cents per pound, down $1.25 from yesterday’s close. This year there have been...
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