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After a 37% rally in five weeks, August lean hogs may have met their limit, according to Total Farm Marketing. The market traded in a choppy range Monday but closed lower for the third straight session, according to the Hightower Report.
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“A late-session rally in the cattle complex pushed prices up near the highs of the day at yesterday’s close,” the Hightower Report said. “In a…
“Choppy and volatile action in the hog market continued with July rallying sharply this morning and taking out Friday’s high, only to drop sha…
“The cattle market traded both sides of unchanged but ended the session on a strong note and near the highs of the day,” The Hightower Report …
“The June live cattle contract’s discount to cash continues to be a supportive factor for the nearby months. Screwworm cases have now reached …
Bloomberg said, “JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattl…
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