Grain markets failed against technical resistance late last week which has led to weakness to start this week’s trade. Will a holiday week and July options expiration keep play a role in price action?...
Lean hogs and cattle futures prices had an impressive day on Friday, will that momentum spill over into strength to start this week’s trade?
Live cattle futures followed the cash strength on Friday, as contracts closed out the week with gains of $1.92 to $3.67. Cash trade was strong last week, with a few sales at $186 reported in KS by USDA...
Lean hog futures bulls finally found some footing after hitting or getting close to some new contract lows on Friday. Most contracts were up anywhere from 15 cents to $1.85, as expiring June was down 57...
Educational and Actionable in formation using Fibonacci & W.D. Gann analysis.
Cattle Markets surge on strong cash markets, Hogs recover after making new low
Today I was interviewed by Michelle Rook on AgWeb's Market Now. We discussed the grain markets, interest rates, gold, and the cattle market.
Lean hog futures bulls have finally found some footing after hitting or getting close to some new contract lows on Friday. Most contracts were up anywhere from 15 cents to $1.85, as expiring June was down...
Live cattle futures followed the cash strength on Friday, as contracts closed out the week with gains of $1.92 to $3.67. Contracts are up anywhere from $1.97 in June to $3.75 in other front months. Cash...
