Livestock Live Hog Price Sees Modest Increase in Last Full Week of March The national average live hog price through the week ending 26 March rose slightly by .8 percent to RMB 27.46/kg ($4.18/kg) or RMB 12.45/lb. ($1.90/lb.). Meanwhile, the Dalian live hog futures contracts have seen some sizable swings over the past couple of weeks. The last full week of March saw the September 2021 contract fall by RMB 1,210/MT ($184.26/MT) or 4.3 percent to close at RMB 27,215/MT ($4,144.52/MT). The November 2021 contract also saw a significant drop of RMB 935/MT ($142.39/MT) or 3.4 percent to close at RMB 26,365/MT ($4,015.08/MT). Through the end of last week, all three contracts saw a modest correction. The September 2021 contract was up by RMB 310/...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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