7/5/24 COMMODITY BUY/SELL COST PER CONTRACT EXPIRATION GRAINS SEP’24 SOYBEAN MEAL BUY 300P 1.10 or $110.00/Contract 49 Days – 8/23/24 MAY’25 CORN BUY 700C 1 3/4 or $87.50/Contract 294 Days – 4/25/25 JAN’25 SOYBEANS BUY 900P 1 1/2 or $75.00/Contract 175 Days – 12/27/24 MAR’25 WHEAT BUY 500P 5 1/2 or $275.00/Contract 231 Days – 2/21/25 LIVESTOCK APR’25 LIVE CATTLE …
Pure Hedge – Livestock and Grain
7/3/24 The Cattle Markets continued higher today. August’24 Live Cattle were 82 ½ cents higher today and settled at 185.92 ½. Today’s high was 186.10 and the 1-month high is 187.42 ½. Today’s low was 185.25 and the 1-month low is 175.80. Since 6/3 August’24 Live Cattle are $7.07 ½ higher or almost 4%. The Feeders led the way higher. …
Hogs Falter After Early Rally
August Lean Hogs opened lower, raced to the session high at 91.175 and then turned south for essentially the rest of the session, making the low at 8785. It drifted into the close to settle at 88.175. The cutout market saw a rally on the Friday cutout, creating some hope that cash may bottom. But weakening morning cutouts saw futures …
Pure Hedge – Livestock and Grain
7/1/24 The Livestock Markets were knocked lower again today. August’24 Live Cattle were $1.15 lower and settled at 184.27 ½. Today’s high was 185.15 and the 1-month high is 187.42 ½. Today’s low was 183.62 ½ and the 1-month low is 175.80. Since 5/31 August’24 Live Cattle are $5.82 ½ higher or over 3%. Feeders were down almost 3 bucks …