Class IV Milk Mar '24 (DKH24)

Grain and livestock markets have seen ranges expand to start the week, presenting tradable opportunities for participants on both sides of the market. Here’s what’s on our radar.

April live cattle futures present a selling opportunity on more price weakness.

Live cattle futures posted $2 to $4.70 losses on Friday as April was $9.77 lower on the week. Open interest showed April down 4,063 contracts, with the rest of the board rising 5,179 contracts. Cash trade...

Lean hog futures closed out February with contracts steady to 40 cents lower, as April held onto a $2.05 gain last week. April was up 2,011 contracts on Friday. USDA’s national base hog price was reported...

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

US & Israel attack Iran overnight

Markets break down as February ends badly

Live cattle futures posted $2 to $4.70 losses on Friday as April was $9.77 lower on the week. Cash trade settled in at $383 dressed in the North, with $243-244 live across the country. Feeder cattle futures...

Lean hog futures closed out February with contracts steady to 40 cents lower, as April held onto a $2.05 gain this week. USDA’s national base hog price was reported at $90.38 on Friday afternoon, down...

Lastly, cattlemen have bid inventory to levels that have encouraged other producers, outside of the US, to increase production capabilities.