The Cattle Markets are Special and They Could Start to Show Off Very Soon
Live cattle futures were in rally mode on Tuesday, closing with contracts up $3.60 to $5.95 higher. Cash trade was mostly $255-258 across the country last week. It has yet to take place so far this week....
Lean hog futures were down 30 cents to $1.77 in the nearbys, with some deferred contracts December and beyond, up a tick to 30 cents. USDA’s national base hog price was reported at $97.57 on Tuesday...
Grain markets had a softer tone in the overnight trade but sprang to life on rumors of Chinese buyers showing interest in US soybeans. Is it for real this time?
The right shoulder developed a shrug, that didn't necessarily void the H & S pattern, but sure moved it away from a textbook example.
Lean hog futures are trading with July down $1.15, with some spreading amongst months and other contracts steady to 20 cents higher. USDA’s national base hog price was reported at $95.42 on Tuesday morning....
Live cattle futures are in rally mode, with contracts up $3.97 to $5.22. Cash trade was mostly $255-258 across the country last week. Feeder cattle futures are rallying $6.07 to $6,40 at midday. The CME...
Lean hog futures closed with losses of 40 cents to $1.15 on Monday. Open interest was down 479 contracts on Monday. USDA’s national base hog price was reported was $97.25 on Monday afternoon, up $1.98...
Live cattle futures posted gains of 75 cents to $3 across the board on Monday. Open interest suggested net new buying, up 3,823 contracts. Sharp gains in the equities following the weekend deal between...
