Content Spotlight
How long will profits last?
USDA is forecasting 51-52% lean live hog prices will average $4 higher this year than last and $2.50 lower this year than in 2025.
More hogs than anticipated in the heaviest market hog weight categories would be expected to pressure near-term futures contracts lower; significant downward pressure did not occur.
Cash Grain Bids for
corn
ZCZ24
$3.73
corn
ZCZ24
$3.73
soybeans
ZSX24
$9.18
soybeans
ZSX24
$9.18
Contract | Last | Change | High | Low | Open | Last Trade |
---|---|---|---|---|---|---|
Dec 24 Corn | 402.75 | -5.5 | 408 | 402.25 | 408 | 03:00 PM |
Dec 24 Oats | 373.75 | +1 | 377.5 | 369.5 | 372 | 02:59 PM |
Nov 24 Class III Milk | 20.74 | -0.05 | 20.82 | 20.63 | 20.76 | 02:58 PM |
Nov 24 Soybean | 982.5 | -13.5 | 996 | 981 | 995 | 03:00 PM |
Nov 24 Feeder Cattle | 246.2 | -3.375 | 249.575 | 246.125 | 249.35 | 03:00 PM |
Nov 24 Ethanol Futures | 2.161 | unch — | 2.161 | 2.161 | 2.161 | 09:37 PM |
Copyright © 2019. All market data is provided by Barchart Solutions.
Futures: at least 10 minute delayed. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.
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USDA is forecasting 51-52% lean live hog prices will average $4 higher this year than last and $2.50 lower this year than in 2025.
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