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Class III Milk Jun '24 (DLM24)

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News & Headlines for [[ item.sessionDateDisplayLong ]]
Huge week with Elections, Interest Rates and USDA grain reports

Veterans Day Monday, but markets open

Copper calendar spread and a Feeder Cattle calendar spread

Copper has been very volatile for the past few days trading.  Based on the last 3 bars, lower prices seem most likely.

March Corn Completes 78.6% to 78.6% Fibonacci Retracement And Here's What To Look For next

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

ZCH25 : 444-2s (+0.85%)
Live Cattle Fibonacci Analysis

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

LEZ24 : 183.700s (-1.14%)
Pure Hedge - Livestock and Grain

WASDE Report Numbers and the Cattle Market Black Hole

Hogs and Cattle End Week on a Sour Note

Cattle and hogs struggle to end the week lower

Cattle Collapse Heading into the Weekend

Live cattle futures fell 80 cents to $2.125 on Friday, as the Boxed Beef values continue to slip lower. December was down $2.22 on the week. Cash trade this week settled in with Northern sales of $186-188...

LEJ25 : 186.525s (-0.92%)
LEZ24 : 183.700s (-1.14%)
LEG25 : 185.300s (-1.13%)
GFX24 : 245.425s (-0.90%)
GFF25 : 241.425s (-1.19%)
GFH25 : 239.375s (-1.19%)
Hogs Close Mixed on Friday, as Specs Improve Record Net Long

Lean Hog futures settled Friday with contracts down 47 to 77 cents in the nearbys, but up 7 to 42 cents in most others. December fell $3.65 on the week. The national average base hog negotiated price was...

HEZ24 : 80.425s (-0.95%)
HEG25 : 84.825s (-0.56%)
HEJ25 : 89.250s (+0.08%)
Shootin' the Bull about resolve

In my opinion, a great deal of resolve has been seen this week.  A new Presidential administration, the Fed lowered rates, and cattle/beef seemingly made highs for which few were willing to pay.

Cattle Gap Lower on Friday as Boxed Beef Weakness Shows

Live cattle futures are falling $1 to $2.25 so far on Friday, after the Thursday PM Boxed Beef print showed a collapse. Futures gapped lower at the open. Cash trade has started to kick off, with light...

LEJ25 : 186.525s (-0.92%)
LEZ24 : 183.700s (-1.14%)
LEG25 : 185.300s (-1.13%)
GFX24 : 245.425s (-0.90%)
GFF25 : 241.425s (-1.19%)
GFH25 : 239.375s (-1.19%)

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Cattle Collapse Heading into the Weekend
Live cattle futures fell 80 cents to $2.125 on Friday, as the Boxed Beef values continue to slip lower. December was down $2.22 on the week. Cash trade this week settled in with Northern sales of $186-188 and Southern action at $187. This morning’s Central Stockyards Fed Cattle Exchange showed... Read more
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