Cattle prices neared a four-month high this week as Arctic temperatures descended across the Great Plains. Subzero temperatures prevent cattle from gaining weight, limit the ability to bring them to market, and can even kill…
Livestock
Hog Market Sizzles
After bottoming at a 14-year low in October, the hog market has begun smoking higher. Prices have rallied nearly 40%, with December lean hogs topping 57 cents per pound Friday. Some of the rally has…
Cattle Roar to Life
Cattle prices are rebounding from a six-year low, regaining 12% over the last month. Trading Friday near $1.08 per pound, prices have been climbing amidst general economic optimism. When consumers feel wealthier, they are more…
Beef Bounces Back
Cattle prices exploded this week, rebounding from a six-year low. Prices rose by more than 5.5 cents per pound, “locking limit up” at one point on Thursday, as the market moved the daily maximum of…