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 | Apr 8, 2015 | Cattle Futures, Livestock Futures
Cattle futures are coming off of fresh strength from last month and cattle feedlot managers may be able to squeeze out a few more bucks from the packers because of it. Feeder cattle futures are however, down today about 90 points and are trading at nearly $2.14 per...
by Brian Schad | Mar 25, 2015 | Cattle Futures, Livestock Futures
Cattle futures have climbed back higher and apparently had taken ground beef prices with it to all-time record highs. The average price of ground beef almost hit $4.24 per pound, while feeder cattle futures have come within .10 cents of their all-time highs earlier...
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 | Dec 9, 2014 | Cattle Futures, Livestock Futures
Cattle futures have paused at recent highs from early October as news of the US domestic herd is updated – and it’s not looking good. Exports of beef to the US is reportedly jumping 35% for the 2014-2015 fiscal year to amounts not seen since 2004-2005 (according...
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