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Oliver Sloup on Markets on the Move: grain markets found their footing on Monday to erase some of the weakness that we saw late last week. Are new highs in order? Lean hogs finally snapped out of it, erasing...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
A rally in a bear market? I don't recall a day that was limit up during this years bull market.
Lean hog futures are showing $1.82 to $3.15 gains on Monday. USDA’s national base hog price from Monday AM was reported at $84.29, down 19 cents from the day prior. The CME Lean Hog Index was down another...
Live cattle futures are up $7 to the $7.25 limit on Monday. Last week’s cash trade was reported at $225-230 in the north, with $230-232 Southern sales. Feeder cattle futures are up the $9.25 limit so...
Grain markets struggled in the back half of last week’s trade but have found their footing as significant support has held for corn, soybeans, and wheat. Where to next? Oliver Sloup breaks it down for...
Live cattle futures were up $2.50 to $3.05 on Friday to round out the week with $8.32 losses. Preliminary open interest was down 3,988 contracts. Last week’s cash trade was reported at $230-230.50 in...
Lean hog futures are mixed trade at Friday’s close, with nearby December up 42 cents and other contracts down 50 cents. December was still down $21.87 on the week. Preliminary open interest was down...
The hullabaloo over US meat prices continued last week, including Tuesday's Election Day, setting the stage for Monday's open.
