Newsroom - Kentucky Farm Bureau

Newsroom

Market Updates

Market Closes - July 5, 2022
July 5, 2022
Market Closes - July 5, 2022

As July 4th 3-day weekends often lead to, the CBOT futures market saw huge price moves today at the close; unfortunately, the direction was DOWN. Cattle futures closed moderately lower across the board in sympathy with the general commodity sell-off today. Lean hog futures closed mixed with the July/Aug/Oct contracts ending higher. 

Market Closes - June 30, 2022
June 30, 2022
Market Closes - June 30, 2022

Most CBOT futures closed sharply lower following marketing-year-low weekly export sales of corn and soybeans, and a slightly bearish USDA Acreage report for corn. Cattle futures closed higher led by the sharply higher feeder cattle market. Lean hog futures closed lower with October dropping the most at $2.05/cwt.

Market Closes - June 29, 2022
June 29, 2022
Market Closes - June 29, 2022

CBOT futures closed mixed with the soy complex leading the way higher.  Except for the expiring June LC contract, cattle futures closed lower. Lean hog futures settled mixed with minimal price change ahead of today’s Hogs and Pigs Report. 

Market Closes - June 28, 2022
June 28, 2022
Market Closes - June 28, 2022

CBOT futures closed strongly higher with corn and soybeans supported by a larger than expected drop in the good/excellent crop ratings released late Monday. Live cattle closed slightly lower while feeder futures were hit harder due to the corn price increase. Lean hog futures closed lower as cash hog and pork values weaken. 

Market Closes - June 27, 2022
June 27, 2022
Market Closes - June 27, 2022

CBOT futures closed widely mixed with some sharp price moves. Live cattle closed slightly higher while feeder cattle posted mostly 1+ percent gains. Lean hog futures closed lower with Aug/Oct/Dec contracts losing the most. 

Market Closes - June 8, 2022
June 8, 2022
Market Closes - June 8, 2022

CBOT futures closed mixed with soybean oil leading the market higher. Cattle futures posted strong closes with $3.00+ gains in the nearby contracts. Lean hog futures closed lower after trading fairly wide ranges. 

Market Closes - June 6, 2022
June 6, 2022
Market Closes - June 6, 2022

CBOT futures closed steady to mostly higher with wheat leading the market. Live and feeder cattle futures closed lower at near the day’s lows. Lean hog futures closed lower, adding to Friday’s losses.

Market Closes - June 2, 2022
June 2, 2022
Market Closes - June 2, 2022

CBOT futures closed mostly higher with soybean oil leading the market. Cattle futures closed higher with feeders settling up strongly given corn’s weak performance. Lean hog futures closed mostly higher by relatively small amounts. 

Market Closes - June 1, 2022
June 1, 2022
Market Closes - June 1, 2022

CBOT futures closed mixed with corn and wheat futures dropping sharply for a second straight day. Cattle futures closed strongly higher with feeder cattle up sharply given the 2-day sell-off in corn futures. Lean hog futures settled strongly higher with the July LH rising sharply to correct Tuesday’s larger loss.

Market Closes - May 31, 2022
May 31, 2022
Market Closes - May 31, 2022

CBOT futures closed sharply lower led the Chicago and KC wheat markets. Cattle futures closed sharply lower, pressured by the broad selloff in agricultural futures. Lean hog futures closed sharply lower with the July LH losing $4.025/cwt.