Lean hog futures are up $1 to $1.50 on Monday with nearby July down 52 cents. USDA’s national base hog price was not reported on Monday morning due to light volume and a 5-day rolling average of $111.51....
Live cattle futures are $1.82 to $2.10 higher so far on Monday. Cash trade showed sales of $230-232 in the North, with sales of $222-224 in the South creeping to $225 late in the week. Feeder cattle futures...
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Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Grains rallied into the long weekend on the back of risk premium around potential weather and trade headlines, both of which fell flat, sending prices right back to where we started last week’s trade....
Cattle futures spent the holiday week chopping around while lean hogs saw continued pressure. These are the levels to watch for this week’s trade
October lean hog futures present a selling opportunity on more price weakness.
Lean hog futures posted losses of 90 cents to $1.80 on Thursday, as July was back down $5.27 last week. USDA’s national base hog price was back down $1.85 in the Thursday PM report, with negotiated trade...
Live cattle futures saw Thursday gains of $1.12 to $1.60 to close out the short week, with August up 75 cents last week. Cash trade showed sales of $230-232 in the North, with early sales of $222-224 in...