Nonfat Dry Milk Dec '21 (DFZ21)

Lean hogs posted mixed trade on Monday, with the front months 37 to 45 cents higher and other contracts down 10 to 67 cents. USDA’s National Average Base Hog negotiated price was down 89 cents in the...

Live cattle slipped off the midday highs into the close, but were still $1.40 to $2.37 higher on Monday. There have yet to be any delivery notices for April futures through Monday. Cash action was quiet...

Short covering on Monday

Today's price action suggests a good chance the bottom of the triangle has been found.  I recommend buying June live cattle with a sell stop to exit only at $170.20.  This is a sales solicitation.

Lean hogs are showing a slight bounce in the nearbys on Monday, with May up 15 cents and June up 22. Other contracts are down 55 cents to $1.10. USDA’s National Average Base Hog negotiated price not...

Live cattle are recovering from last Friday’s drop, as contracts are up $1.60 to $2.85 on Monday so far. Cash trade last week was reported @ $182 in the South, a $2 drop on the week, with Northern action...

We have made it through the weekend, which was filled with uncertainty late last week. Outside markets are stabilizing, can livestock follow suit?

Live cattle resumed the collapse on Friday, as contracts were down $1.25 to $2.77. No delivery notices were issued against April futures on Friday. Cash trade last week was reported @ $182 in the South,...

Lean hogs were down the limit at times on Friday, but saw June closing a tick off of it, with most contracts down $1.95 to $3.725 on Friday. USDA’s National Average Base Hog price was down 45 cents in...

Educational and Actionable information using Fibonacci and W.D. Gann analysis.