Cattle futures and lean hogs were lower at the end of last week, but will seasonal strength invite buyers back into the market?
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...
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...
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...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
May Cattle-on-feed lowest in 4 years
Cash markets strong while futures chop around
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...
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...
Cattle on Feed - 2024-05-24