Lean Hog prices have a rhythm. Every year, supply peaks Oct–Dec as hog marketing hits full stride. More slaughter = more pork = seasonal pressure on wholesale prices. For speculators & hedgers, this...
Live cattle futures were down 90 cent to $1.50 across the front months on Friday, as April was still $1.37 higher last week. Open interest was up 2,730 contracts on Friday. Cash trade was limited, with...
Lean hog futures were up another 20 to 75 cents on Friday, as the bounce last week saw April rally $2.40. Preliminary open interest was up 1,045 contracts on Friday. USDA’s national base hog price was...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
US State of the Union Address on Feb. 24th
Cattle markets break down to end week on a sour note
Live cattle futures were down 90 cent to $1.50 across the front months on Friday, as April was still $1.37 higher this week. Cash trade was limited this week, with some $245-247 in the North and some southern...
Lean hog futures were up another 20 to 75 cents on Friday, as the bounce this week saw April rally $2.40. USDA’s national base hog price was reported at $88.96 on Friday afternoon, down $2.08 from the...
In my opinion, a plethora of news, rumors, and potential changes in processing, sent a lot futures traders to the sidelines.