CME December live cattle ended up 1.300 cents at 188.125 cents per pound, while November feeder cattle futures settled up 2.325 cents at 248.925 cents per pound. CME December lean hog futures rose ...
Basis is the difference between a cash price and a futures price. Often a basis quote refers to the "spot" basis, which is the difference between the current cash price for slaughter or feeder cattle ...