We felt that there was reason for the market to selloff based on the headline numbers, but it didn't.  That's what we call a fundamental rejection, and that speaks volumes to us. 

USDA reports un-momentous

Hogs surge while cattle markets struggle

Educational and Actionable Information using Fibonacci and W.D. Gann Analysis

July lean hog futures closed ~60 cents under their session high, but still up by a 2.8%. That netted a weekly gain of $4.97. The other front months closed $0.20 to $1.52 in the black on Friday. USDA’s...

The live cattle futures market reversed course and ended Friday mostly higher. June and August futures ended in the red by 55 and 40 cents respectively, while the deferred months closed up by 10 to 15...

The extensive capital requirements to produce a pound of beef continues to move higher.  As producers assume more risk, from higher and higher prices, I believe that more diligence should be applied to...

Front month lean hog futures are working $0.15 to $1.90 in the black. The July contract is again leading the way. USDA’s National Average Base Hog price for Friday morning dropped by $8.82 to $85.25....

Front month cattle futures are trading mostly lower, save for a 25 cent gain in June. The active months are down by 32 to 82 cents so far. Feeders are down triple digits at midday, with losses of as much...

Most of the nearby lean hog futures closed in the red on Thursday, with losses from 2 cents in June to $1.30 in October. July contracts however stayed in the black and ended the day up by 27 cents. July...