Cattle futures are continuing to shrug off the Wednesday overreaction, as contracts were up another 60 cents to $1.52 at midday and held on to settle 72 to 77 cents higher. Cash trade kicked off on Thursday...
Lean hogs hit their high for the week on Tuesday and spent the rest of the week fading the early rally. Futures settled $1.00 to $2.525 lower on Friday. USDA’s National Average Base Hog negotiated...
Educational and Actionable information using Fibonacci and W.D. Gann analysis
Lean Hogs is consistently a negative carry market which is sometimes attractive to sell short and give the investor the opportunity to profit when futures prices “roll down” to spot cash prices. Currently...
Fed FOMC interest rate decision Wednesday
Lean hogs hit their high for the week on Tuesday and spent the rest of the week fading the early rally. Futures settled $1.00 to $2.525 lower on Friday. USDA’s National Average Base Hog negotiated...
Cattle futures are continuing to shrug off the Wednesday overreaction, as contracts are up another 60 cents to $1.52 at midday. Cash trade kicked off on Thursday with a steady/higher note this week, as...
Strong end to week for cattle cash market drives futures higher
$11.00-Beans? $5.00-Corn? $7.00-Wheat? $230-Feeders?
This week’s trade is officially in the books and it left a few markets at some pivotal spots as we head into next week’s trade.