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Market Updates

Market Closes - October 29, 2020
October 29, 2020
Market Closes - October 29, 2020

CBOT futures closed steady to mostly lower in follow-through selling to Wednesday’s market. Cattle futures closed strongly higher on short-covering and cash market support. Lean hog futures closed lower after making new lows not seen since October 7. 

Market Closes - October 27, 2020
October 27, 2020
Market Closes - October 27, 2020

CBOT futures closed lower and at/near the day’s lows. Cattle futures closed higher today despite weakness in beef values and no cash market activity. Lean hog futures closed slightly higher except for the December LH’s 10-cent loss. 

Market Closes - October 26, 2020
October 26, 2020
Market Closes - October 26, 2020

CBOT futures closed mixed with wheat leading to the downside. Cattle futures ended the day mostly higher with feeders outperforming live cattle. Lean hog futures closed higher and near the day’s highs.

Market Closes - October 21, 2020
October 21, 2020
Market Closes - October 21, 2020

Corn, soybeans and soybean meal closed strongly higher, led by the meal market. Cattle futures closed mixed with live cattle mostly lower and feeder futures mostly higher. Lean hog futures closed lower and near the day’s lows.

Market Closes - October 20, 2020
October 20, 2020
Market Closes - October 20, 2020

Corn, soybeans and wheat futures closed higher and near the day’s highs. Cattle futures closed higher, bouncing back from early weakness on follow-through selling. Lean hog futures closed lower on profit-taking after the strong October rally. 

Market Closes - October 19, 2020
October 19, 2020
Market Closes - October 19, 2020

CBOT futures closed higher on continued strong export demand and dry weather concerns for wheat areas and in South America where corn/bean planting is behind schedule. Live and feeder cattle futures were slaughtered today with $3-4/cwt losses. Except for the 1.65 gain in the December contract, lean hogs closed lower.

Market Closes - October 15, 2020
October 15, 2020
Market Closes - October 15, 2020

CBOT futures closed mostly higher (and at/near the day’s highs), led by Chicago and KC wheat. Cattle futures closed mostly lower as beef demand becomes less certain. Lean hog futures closed mixed with nearby December LH up 1.45 but April 2021 and beyond posting losses. 

Market Closes - October 13, 2020
October 13, 2020
Market Closes - October 13, 2020

CBOT futures were mostly higher with one percent gains or less.  Cattle futures closed slightly higher after a significant morning sell off into negative territory. Lean hog futures closed with minimal losses, having climbed back from sharp losses early in the session.

Market Closes - October 12, 2020
October 12, 2020
Market Closes - October 12, 2020

The corn and soy complex futures contracts closed sharply lower on profit-taking on forecasts for some rain in South America and a lack of export sales announcements this morning.  Cattle futures closed lower with live cattle suffering the biggest losses.  Lean Hog futures closed slightly lower and mid-range.

Market Closes - October 7, 2020
October 7, 2020
Market Closes - October 7, 2020

CBOT futures closed mostly higher as many corn, bean and wheat contracts traded new highs. Cattle futures closed higher with live cattle supported by higher cash prices and firm boxed beef. Lean hog futures closed higher, supported by higher pork cutouts and LH futures discount to the cash market.