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Livestock News and Commentary

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Wed, May 29th, 2024
Feeders Were the Leaders to Start the Short Week

Live cattle posted gains of 45 cent to $1.40 on the Tuesday session. Cash trade last week saw action at $187 in the south, with trade in the north mainly at $192, with some coming in at $193.50. Feeders...

LEM24 : 184.550s (+0.46%)
LEQ24 : 181.825s (+0.39%)
LEV24 : 184.400s (+0.24%)
GFQ24 : 264.600s (+1.68%)
GFU24 : 265.700s (+1.51%)
GFV24 : 266.250s (+1.41%)
Hogs Close Mixed on Tuesday

Lean hogs saw mixed trade on Tuesday with front months down 7 to 80 cents and deferreds 7 to 17 points higher. USDA’s National Average Base Hog negotiated price was up $1.19 in the Tuesday afternoon...

HEM24 : 93.800s (-0.50%)
HEN24 : 96.525s (-0.72%)
HEQ24 : 96.100s (-0.83%)
Cattle Trade Led Higher by the Feeders

Live cattle are showing midday gains of 40 to 50 cents on Tuesday after Friday’s neutral (compared to estimates) Cattle on Feed report. Cash trade last week saw action at $187 in the south, with trade...

LEM24 : 184.550s (+0.46%)
LEQ24 : 181.825s (+0.39%)
LEV24 : 184.400s (+0.24%)
GFQ24 : 264.600s (+1.68%)
GFU24 : 265.700s (+1.51%)
GFV24 : 266.250s (+1.41%)
Hogs Pulling Off Early Lows

Lean hogs are getting some help from a stronger cutout, with contracts off the midday lows and down 17 to 70 cents at midday. USDA’s National Average Base Hog negotiated price was not reported on Tuesday...

HEM24 : 93.800s (-0.50%)
HEN24 : 96.525s (-0.72%)
HEQ24 : 96.100s (-0.83%)
A Bullish Time of Year for Livestock Futures Prices?

Cattle futures and lean hogs were lower at the end of last week, but will seasonal strength invite buyers back into the market?

Cattle Trade Look to Trade Following USDA CoF Release and Long Weekend

Live cattle futures were cautiously 12 cents lower to 17 cents higher at the Friday settlement, awaiting the USDA Cattle on Feed report after the close. Cash trade was the week saw action at $187 in the...

LEM24 : 184.550s (+0.46%)
LEQ24 : 181.825s (+0.39%)
LEV24 : 184.400s (+0.24%)
GFQ24 : 264.600s (+1.68%)
GFU24 : 265.700s (+1.51%)
GFV24 : 266.250s (+1.41%)
Hogs Shift Focus to Short Week

Lean hogs were hanging around UNCH at midday, but tipped lower into the close. Changes for the day were 25 lower to 2 cents higher. USDA’s National Average Base Hog negotiated price was reported at...

HEM24 : 93.800s (-0.50%)
HEN24 : 96.525s (-0.72%)
HEQ24 : 96.100s (-0.83%)
Copper calendar spread and a Feeder Cattle calendar spread

Copper successfully surpassed the overhead resistance by the end of the week on May 17. However, this week saw a decline of (5.5%) in Copper's value, failing to sustain the breakthrough. On the lower right...

Grains Analysis & Why You Need Fibonacci

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZCN24 : 461-2 (-0.27%)
ZWN24 : 696-6 (-0.50%)
ZSN24 : 1226-6 (-0.22%)
Grain rally continues, but key resistance nears

May Cattle-on-feed lowest in 4 years

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China's Silver Imports are expected to surge in the coming weeks as traders look to take advantage of the widening spread between Silver prices in China and the rest of the world https://t.co/HhFUVuyL4b
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Japanese Yen has fallen to its lowest level against the U.S. Dollar since the Bank of Japan secretly intervened a month ago https://t.co/cS8l49CXMV
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FUN FACT ✅: Nvidia $NVDA is now worth more than $TSLA, $XOM, $WMT, $COST, $NFLX, $INTC, $DIS, and $PEP combined https://t.co/SqS3EVDjgO https://t.co/bl7ViGIJZ3
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S&P 500 $SPX has now traded green in 23 of the last 30 weeks for only the 3rd time in the last 35 years 🚨 https://t.co/GTIfS85kQN
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👇👇👇 https://t.co/nLhTVPz7KK
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Microsoft Insider Trading Alert 🚨 Chief Communication Officer Judson Althoff sold 25,000 $MSFT shares for a total value of $10.6 million https://t.co/wu49BN1tUv https://t.co/tddzHDcgNu
Barchart
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BREAKING 🚨: Jim Chanos Short Seller Jim Chanos, who had to shutter his hedge fund last year due to massive losses, is now accused of embezzlement https://t.co/Z4d60Kgmco https://t.co/WaBmwWlekB
Barchart
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Nvidia is up 133% since Former Speaker Nancy Pelosi bought 50 $NVDA Dec 2024 120 strike calls for a total premium of $1.9 million on November 22. Her position is now worth $5.1 million, a gain of roughly 168%. https://t.co/taMPq39tMg
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Oops - Nvidia $NVDA https://t.co/yTa0SVmI7X

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