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WALSH PURE SPREADER - Pure Hedge Division
Lean hog futures posited 25 to 75 cent gains across most front months on Tuesday. USDA’s national base hog price was reported at $88.34 on Wednesday afternoon, up 11 cents from the day prior. The CME...
Live cattle futures saw steadier trade on Wednesday, with contracts up a nickel to 30 cents lower across the nearbys. Cash trade has been quiet so far this week. The Wednesday Fed Cattle Exchange auction...
I believe wave 5 of 5 of the B wave is complete or near so enough to warrant these recommendations.
Lean hog futures are showing 40 to 90 cent gains across most front months on Tuesday. USDA’s national base hog price was not reported on Wednesday morning due to light volume. The CME Lean Hog Index...
Live cattle futures are firm so far on Wednesday, with contracts withing 30 cents of unchanged. Cash trade has been quiet so far this week. The Wednesday Fed Cattle Exchange auction showed one lot of 138...
April live cattle futures present a buying opportunity on more price strength.
Lean hog futures were rallying back on Tuesday, with contracts up $1.02 to 1.30 at the close. Open interest on Tuesday was up 964 contracts, mainly in the June contract. USDA’s national base hog price...
Live cattle futures posted gains of $2.30 to $3.47. Despite the strength open interest was down just 276 contracts, suggesting a rotation of ownership. Cash trade was slow to get kicked off this week,...
