Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Open interest was up 3,860 contracts, with August down 8,909 contracts. Cash trade has yet to get...
Lean hog futures were mixed on Tuesday, with contracts up 35 cent to 40 cents lower. Open interest was up 6,944 contracts on Tuesday. USDA’s national base hog price was reported at $98.56 on Tuesday...
Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Cash trade has yet to get kicked off this week, with a few northern bids of $380 dressed vs. sales...
Lean hog futures were mixed on Tuesday, with contracts up 35 cent to 40 cents lower. USDA’s national base hog price was reported at $98.56 on Tuesday afternoon, down 22 cents from the day prior. The...
Corn and soybeans slipped back lower while wheat led the charge higher. Where does that put us on the chart into the mid-week trade?
Have The Cattle Markets Chosen Their Path?
The erosion of price is turning into a deluge. Several contract months gapped lower on the opening.
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Live cattle futures are trading with $2.25 to $2.90 losses so far at midday. Cash trade was at $247-248 across the country last week, a $7-8 drop from the week prior. Feeder cattle futures are up $4.85...
Lean hog futures are showing 20 cent gains in soon to expire July, with other contracts own 35 to 65 cents. USDA’s national base hog price was reported at $96.87 on Tuesday morning. The CME Lean Hog...