Fats and Oils - 2026-05-01
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
All industry participants spread themselves thinner in projected negative margins between sectors traded, as spreads between beef and cattle widened, and from weight class to weight class.
Lean hog futures are falling back on Friday with losses of 45 cent to $1.60 at midday. USDA’s national base hog price was reported at $92.51 on Friday morning, down 92 cents from the day prior. The...
Live cattle futures are mostly higher on Friday with contracts a tick to 30 cents higher, and newly appointed June down 50 cents. Cash trade got kicked off early again this week, starting at $250-252 across...
Crude oil, gasoline, gasoline refining spreads, bitcoin, and cotton futures posted double-digit percentage gains in April, while Rotterdam coal, natural gas, and sugar futures posted the most significant...
Live cattle futures posted mixed trade at the close, with contracts down $1.25 to $1.60 higher in the expiring April contract. Cash trade got kicked off early again this week, starting at $250-252 across...
Lean hog futures were down 25 cents to $1.65 at the Thursday close. Open interest suggested some modest long liquidation, down 3,105 contracts. USDA’s national base hog price was reported at $92.64...
Live cattle futures posted mixed trade at the close, with contracts down $1.25 to $1.60 higher in the expiring April contract. Cash trade got kicked off early again this week, starting at $250-252 across...
Lean hog futures were down 25 cents to $1.65 at the Thursday close. USDA’s national base hog price was reported at $92.64 on Thursday afternoon, down 61 cents from the day prior. The CME Lean Hog Index...