Educational and Actionable Information using Fibonacci and W.D. Gann Analysis
A closer look at the chart, how funds are positioned, seasonal tendencies, and weather outlooks.
Friday’s hog market added another triple digits to the week’s rally. The front months were up 1.6% to 3.8% on the day, leaving the June contract at a net $10.65 gain for the week. USDA’s National...
First Notice Day for June cattle begins the delivery period on Monday. June fat cattle futures added another $1.52 to the week’s move on Friday, settling with a net $9.07 gain for the week. That was...
The sharp rally in cattle came on the back of a strong cash cattle trade yesterday, with reports of packers paying $4-$7 over last week’s prices. June options expired at the close today, which means...
Some of today’s strength may have come on the back of weather premium working its way back into the market ahead of the weekend. Many top producing states have been hot and try and some forecasts show...
In my opinion, the short squeeze on retail grocers, packers and feed yards is believed to have popped this week as cash traded higher and futures sharply higher. The anticipated slowing of consumer demand...
I was interviewed this morning by Michelle Rook on AgWeb's Markets Now. We discussed the recent action in the grain markets and the surge in cattle prices.
