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Live cattle futures tried to rebound at the open, contracts ended the day with $1.47 to $2.82 losses. of today’s action is compiling showlists, with a few $175 cleanup sales reported in the South on...
The wheat market was in collapse mode on Monday, as the market puts things on sale to trigger more export business. Chicago contracts were down 14 1/2 to 116 1/4 cents at midday. Kansas City futures were...
Cotton posted losses of 144 to 180 points on Monday to start the week off on a lower note. Crude oil was down $0.52/barrel, with the US dollar index 19 points lower. The last NASS Crop Progress report...
Soybeans were mixed at the close, with front months fractionally to a penny weaker and other contracts steady to a penny higher. The product values tried to help the bulls out, as front month Soymeal...
Corn futures closed out the Monday session with contracts down 1 ¾ to 7 ¾ cents lower across the board. Weakness in the wheat complex was not helpful and pressured things as well. The Monday morning...
Hogs saw losses of 62 cents to $1.85 on Monday, with Dec the exception, up 30 cents. USDA’s National Average Base Hog price was reported at an average price of $58.85 in the Monday PM report on light...
If cheap corn makes cheap cattle, then both are on their way. Corn set new contract lows today. Fat cattle set new contract lows today. The agenda of rationing cattle is believed upon us.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed...
Cattle Collapse - I no longer see a floor in the Cattle markets.
| Real Estate | +0.38% |
| Consumer Discretionary | +0.19% |
| Utilities | +0.09% |
| Information Technology | +0.04% |
| Materials | -0.08% |
| Consumer Staples | -0.24% |
| Financials | -0.28% |
| Energy | -0.40% |
| Communication Services | -0.47% |
| Industrials | -0.58% |
| Health Care | -0.64% |
(Sorted by Daily Weighted Alpha)
The Chart of the Day belongs to the ride share and food delivery company Uber Technologies (UBER) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal...
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