Newsroom - Kentucky Farm Bureau

Newsroom

Market Updates

Market Closes - May 12, 2022
May 12, 2022
Market Closes - May 12, 2022

CBOT futures closed mixed with wheat leading the way higher, followed by new-crop corn futures. Live cattle closed lower and feeder futures ended sharply lower due to the sharp corn rally. Lean hog futures closed lower to sharply lower as futures continue the downtrend. 

Market Closes - May 11, 2022
May 11, 2022
Market Closes - May 11, 2022

CBOT futures closed strongly higher with spring wheat and soybean oil futures leading the way. Live cattle futures closed higher while feeders lost ground due to the CBOT rally. Lean hog futures closed lower for the third or fourth day out of the past four depending on the contract. 

Market Closes - May 5, 2022
May 5, 2022
Market Closes - May 5, 2022

CBOT futures closed mixed with the major commodity contracts posting gains. Cattle futures closed moderately lower on fed cattle price concerns sliding boxed beef values. Lean hog futures closed moderately higher beyond the soon-to-expire May LH contract. 

Market Closes - May 4, 2022
May 4, 2022
Market Closes - May 4, 2022

CBOT futures closed mostly higher except for soybean meal which extended its ongoing downtrend to new lows. Live and feeder cattle futures closed narrowly mixed, pausing after two days of gains. Lean hog futures closed sharply higher on short-covering corrective buying in an oversold market. 

Market Closes - May 2, 2022
May 3, 2022
Market Closes - May 2, 2022

CBOT futures closed mostly lower and near the lows of the day. Cattle futures closed higher in follow-through buying to Monday’s strong price increases. Beyond the nearby May LH, lean hog futures closed sharply lower, extending the 2-week collapse in LH futures. 

Market Closes - April 28, 2022
April 28, 2022
Market Closes - April 28, 2022

CBOT futures closed widely mixed today with old-crop corn and soybeans losing ground to new-crop contracts. Live cattle closed slightly lower and feeder futures were higher beyond the nearby April FC contract which expired today. Lean hog futures closed higher beyond the nearby May LH. 

Market Closes - April 26, 2022
April 26, 2022
Market Closes - April 26, 2022

CBOT futures closes widely mixed, even within the soy complex. Live cattle closed higher while feeder futures finished in the red, pressured by higher corn prices. Lean hog futures closed sharply lower for a second day in a row. 

Market Closes - April 25, 2022
April 25, 2022
Market Closes - April 25, 2022

CBOT futures closed mixed with some pretty wide trading ranges on early weakness and late strength. Cattle futures closed strongly lower with nearby Live Cattle futures down sharply – over $3.00/cwt. Lean hog futures closed sharply lower, pressured by the Live Cattle market and growing frozen pork supplies as China becomes less of a buyer. 

Market Closes - April 21, 2022
April 21, 2022
Market Closes - April 21, 2022

Corn and wheat futures dropped around two percent today while soybeans finished near steady. Cattle futures closed strongly higher for a second day in a row with support from this week’s stronger cash fed market. Lean hog futures posted sizable losses (for a second day), pressured by disappointing pork export sales – a marketing year low of 12,900 MT (down 46% week/week). 

Market Closes - April 20, 2022
April 20, 2022
Market Closes - April 20, 2022

CBOT futures closed mixed with corn and the soy complex strongly higher as wheat futures dropped one percent. Cattle futures closed strongly higher supported by higher cash fed prices. Lean hog futures closed sharply lower especially in the front-end months.