Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Markets closed Monday for President's Day
Game On - Selling Pressure Returns
Lean hog futures closed with mostly weaker action as contracts were down 50 to 62 cents. Expiring February was up a dime. April closed with a 45 cent gain in the week. USDA’s national average base hog...
Live cattle futures were under pressure for Friday trade, with losses of $1.80 to $2.27, as Feb was $3.025 lower this week. Cash trade for the week settled in at $202-203 in the South and $203 in the North...
Livestock markets end week on a weak note
Slashing slaughter rates in an attempt to back cattle up and keep beef prices elevated is age old manipulation of the market to achieve margins.
Live cattle futures are fading off lower on Friday’s midday, as a weaker cash market continues to add pressure. Contracts are 80 cents to $1.22. Cash trade for this week has settled in at $202-203 in...
Lean hog futures are showing steady trade on Friday, with contracts down 5 cents to 10 cents higher. USDA’s national average base hog negotiated price was reported at $88.03 this morning, up $2.39 from...
Gold and coffee futures reached record highs in January 2025. Meanwhile, the metal and soft were not the only commodities that soared to all-time peaks. Live and feeder cattle futures continued to make...