Fats and Oils - 2024-06-03
Live cattle are down anywhere from a tick to $1.02 at midday to start June trade. Cash cattle markets saw the North reported at $190 last week, down $2 on the week. The South traded hands at $186, a $1...
Hogs Falling at Midday Lean hogs are resuming their weakness as we start June, with contracts down 50 to 75 cents at midday. USDA’s National Average Base Hog negotiated price was not reported in the...
Cattle futures were lower in the back half of last week’s trade but still posted an impressive month. What will the month of June hold for cattle and hog futures?
On Friday I was interviewed by Michelle Rook on AgWeb's Markets Now. I spoke about the recent action in the corn, wheat, and soybean markets. In addition, we discussed the cattle markets.
Live cattle were down $1 to $1.50 on Friday, the end of the month provided some selling opportunities. June was up $6.57 during May. Cash cattle markets saw the North reported at $190, down $2 on the week....
Lean hogs posted Friday gains, with contracts up 17 to 37 cents in the front months to round out the month. The June contract was down $8.12 since April 30. USDA’s National Average Base Hog negotiated...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Live cattle were down $1 to $1.50 on Friday, the end of the month provided some selling opportunities. June was up $6.57 during May. Cash action this week saw the North reported at $190, down $2 on the...