Live cattle futures are up $1.75 to $2.75 so far on Wednesday. Cash trade has been quiet so far this week. The Wednesday morning Fed Cattle Exchange online auction showed no sales on the 1,456 head offered...
Lean hog futures are showing slightly higher trade on Wednesday’s midday, up 10 to 37 cents at midday. USDA’s national base hog price was reported at $91.85 on Wednesday morning. The CME Lean Hog Index...
Live cattle futures posted mixed action on Tuesday, with contracts up a dime to 15 cents lower. Open interest was up 2,371 contracts on Tuesday, with the front two contracts dropping and OI rising in...
Lean hog futures saw gains of $1.70 to $2.10 on Tuesday. Open interest suggests longs coming back in, rising 3,563 contracts. April was the only to see a drop in OI, down 2,006 contracts. USDA’s national...
Though they are nothing more than government numbers, the latest USDA Cold Storage report for January 31, 2026 raises the question of the US leaning vegetarian as we wait for winter to end.
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Live cattle futures posted mixed action on Tuesday, with contracts up a dime to 15 cents lower. Cash trade has been quiet so far this week, with last week at $246-249 in the North and some southern trade...
Lean hog futures saw gains of $1.70 to $2.10 on Tuesday. USDA’s national base hog price was not reported on Tuesday afternoon, with the 5-day rolling average at $89.82. The CME Lean Hog Index was 22...
Basis didn't improve much, if any, and everyone appears to be holding their breath to see who pays up, and who doesn't.