Oliver Sloup on Markets on the Move: A bearish head and shoulders pattern has been developing and confirming over the last several sessions, taking soybean futures to 6 week lows ahead of tomorrow’s...
With only cattlemen so optimistic about cattle prices moving sharply higher, and no one else the same, I think it possible, if not probable, that cattlemen shift from optimism that prices will move higher,...
Lean hog futures are trading with 35 cent gains in the December contract with other contracts slightly lower. USDA’s national base hog price was not reported on Monday morning due to light volume. The...
Live cattle futures are 42 cents to $2 lower so far on Monday. Last week’s cash trade was $220-222 early in the north, ending last week near $225. Sothern action was $225-226.50. Feeder cattle futures...
Lean hog futures posted nearby gains of 40 cents to $1 on Friday, as December was up $1.05 last week. USDA’s national base hog price was reported at $71.53 on Friday afternoon, down $1.12 from the day...
Live cattle futures were un rally mode on Friday, as December led the way trying to catch the cash market, with gains of $2.50 to $5.70. December was up $11.57 last week. Open interest on Friday was down...
We will be looking for the completion of the 61.8% (302.75) to 61.8% above based on the ONE44 61.8% rule.
USDA WASDE & Crop Production on Tuesday at 11 AM CDT