Newsroom

Market Updates

Market Closes - August 18, 2020
August 18, 2020
Market Closes - August 18, 2020

CBOT futures closed mostly lower to near steady after Monday’s strong rally.  Live cattle closed mixed while feeder futures posted all gains. Lean hog futures closed lower with the nearby October and December LH hit the hardest.

Market Closes - August 17, 2020
August 17, 2020
Market Closes - August 17, 2020

CBOT futures closed sharply higher and near the day’s highs. Cattle futures closed lower with feeder futures dropping the most as higher CBOT added pressure.  Lean hog futures managed small gains at the close.

Market Closes - August 12, 2020
August 12, 2020
Market Closes - August 12, 2020

Corn and soybean futures closed higher despite USDA reporting larger than expected U.S. average yields and crop sizes for both corn and soybeans. Cattle futures closed strongly higher adding to recent gains on support from higher fed prices and beef values.  Cattle futures closed strongly higher adding to recent gains on support from higher fed prices and beef values.

Market Closes - August 11, 2020
August 11, 2020
Market Closes - August 11, 2020

CBOT futures ended mostly steady to slightly higher, with settlements well off the day’s highs. Cattle futures closed strongly higher with support from a steady/firm cash market and higher boxed beef values. Lean hog futures closed sharply lower except for the nearby August LH contract.  

Market Closes - August 10, 2020
August 10, 2020
Market Closes - August 10, 2020

CBOT futures closed widely mixed with corn and soybeans posting gains on short-covering ahead of Wednesday’s USDA crop reports.  Cattle futures closed higher and near the day’s highs. Lean hog futures closed unchanged to sharply higher with 2020 contract leading the way higher.

Market Closes - August 6, 2020
August 6, 2020
Market Closes - August 6, 2020

CBOT futures closed steady to mostly lower on lack of supportive news. Except for the August LC contract, cattle futures closed lower.  Lean hog futures close very narrowly mixed with 50-75 cent ranges. 

Market Closes - August 5, 2020
August 6, 2020
Market Closes - August 5, 2020

CBOT futures closed narrowly mixed with gains made on short-covering after yesterday’s sharp losses. Cattle futures closed mostly higher with LC supported by a stronger cash market. Fed steers traded up to $100/cwt.  Lean hog futures closed slightly higher on reduced slaughter and higher pork cutout values.

Market Closes - July 30, 2020
July 30, 2020
Market Closes - July 30, 2020

CBOT futures closed mostly narrowly mixed despite some positive export sales data.  Cattle futures closed higher with bigger gains in the feeders. Lean hog futures closed sharply lower with October and December LH falling well below the lows maintained during recent weeks.

Market Closes - July 29, 2020
July 29, 2020
Market Closes - July 29, 2020

CBOT futures closed mixed with corn and soybeans closing lower and near the day’s lows.  Cattle futures closed higher, adding to Tuesday’s gains.  Lean hog futures closed lower on lower cash hog prices and weaker pork values.

Market Closes - July 28, 2020
July 28, 2020
Market Closes - July 28, 2020

CBOT futures closed sharply lower with soybean meal leading the way down.  Cattle futures closed higher after Monday’s sharp losses which looked bearish on the charts. Lean hog futures closed narrowly mixed with August and October down slightly.