Livestock Markets
Grains were mixed following today’s WASDE report, what’s are traders focusing in on going forward? Livestock futures struggled recently, but is there more upside potential?
Cattle futures came out strong on Monday but failed to find any follow-through in Tuesday’s trade. Outside markets are seeing a risk on trade following a cooler CPI report. Will that act as a tailwind in today’s trade?
Grain markets were firm in the early morning trade but faded into the afternoon to settle lower, Cattle futures were strong to start the week but failed to find follow-through in today’s trade
The lack of new headlines regarding bird-flu over the weekend coupled with June futures entering delivery may have been the big reasons for Monday’s rally, with seasonal tailwinds adding an extra boost.
EU’s pork production hit the lowest level in nearly 25 years. So, what’s causing pork production to take such a drastic drop? One reason is EU environmental regulations that have forced producers to cut back production.
Livestock futures remained under pressure in yesterday’s trade, will today be more of the same or will the lower prices spur some buying interest?
Livestock futures were largely lower in yesterday’s trade, along with commodities broadly. It appears some markets have stabilized, will that help cattle and hogs?
Cattle futures were under heavy pressure to start Monday’s trade but found support midday to finish back near unchanged on the day.
Cattle futures were lower in the back half of last week’s trade but still posted an impressive month. What will the month of June hold for cattle and hog futures?
Cattle futures were strong to start the week as fundamentals remain firm ahead of a seasonally strong time of year, driven by firm demand.