Hogs drift
Further correlation between everything, and energy, was witnessed today as all markets reversed course from Friday's trade, with energy prices softening today.
Live cattle futures are trading with $2.90 to $3.35 gains at midday. Cash trade settled in at $234-236 live last week, with some $372 dressed. Feeder cattle futures are rallying $6.10 to $7.20 so far on...
Lean hog futures are trading with gains of a tick to 40 cents at midday. USDA’s national base hog price was reported at $86.04 on Monday morning, down $6.05 from the day prior. The CME Lean Hog Index...
Lean hog futures posted front month losses of 15 to 90 cents on Friday, as April was down $2.17 this week. Open interest was down 2,616 contracts on Friday. USDA’s national base hog price was reported...
Live cattle futures are showing steady trade on Friday, with contracts down 32 to 62 cents, as April fell $3.67 this week. Cash trade settled in at $234-236 live this week, with some $372 dressed. Feeder...
Low-Cost Options, With Limited Risk
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
FOMC Interest Rate Decision on March 18th
Cattle Markets start strong finish weak
