Weekly Cattle Commentary 8/11/2017This week’s cash prices saw the bulk of cattle trading 114.50 to 116, 2 to 3$ lower than last week’s trades. Dressed sales were 183 to 185$. Basis was 5$ over the August Live board. Estimated weekly slaughter was 641K head, 62K larger than the same week last year. Box prices in… Read more.
Weekly Cattle Commentary 7/21/2017 This week’s cash prices ranged finished quite strong with the bulk of them at 120 and 120.50 reported out of Colorado, fully steady with last week’s trades. Dressed sales 186 to 190$. Basis was 3$ over the August Live board. The reports came out post COF, but I cannot confirm if… Read more.
Here is an abbreviated version of the weekly pork report. The full report will be back next week. Below is how the weekly product market changed for the week ending 7/21. *Product Price on Monday 7/17 Price as of Friday 7/21 Change Loin 95.88 92.69 (3.19) Butt 103.44 … Read more.
We will offer an analysis of the June Hog and Pig crop report that came out this past Thursday and what we believe it means to live hog futures going forward. First, let’s look at what happened with the live hog and product market this past week. Here is a summary of Pork Carcass cutout… Read more.
Weekly Cattle Commentary 6/23/2017 The bulk of the week’s cash prices ranged between 122 and 123$, with the end of the week dropping to 120$. Dressed sales 190 to 195$. Basis by Friday was 1$ over the June Live board. Estimated weekly slaughter was 632K head, 24K larger than the same week last year. Box… Read more.