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CME futures closed Friday with October lean hogs at 55.40 cents/lb, December at 59.95 and February at 65.05. October live cattle settled at 109.10 cents and feeder cattle contracts were mostly lower, with October feeder at 151.92.
This is a routine price report with no new supply or demand driver. Hog and cattle price levels reflect the broader supply picture for feed demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.