Live cattle futures closed with Monday session with contracts 72 cents to $2.17 higher across the board, though most contracts were nearly $2 off the intraday highs. Cash trade was slow last week, sales...
Lean hog futures were steady to 70 cents lower across the board on Monday. USDA’s national base hog price was reported at $97.77 on Monday afternoon, up $3.86 from the day prior. The CME Lean Hog Index...
The spread between cattle and beef will become more interesting over the next several weeks as cattlemen will be in the midst of marketing large swaths of inventory, some of which will go on feed, and...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Live cattle futures are trading with 45 to 95 cent gains on Monday. Cash trade was slow last week, sales creeping up to $258-260 across the country. Feeder cattle futures are trading with $2.75 to $3.75...
Lean hog futures are mixed, with July down 22 cents and other contacts 15 to 35 points higher. USDA’s national base hog price was not reported on Monday morning due to thin trade. The CME Lean Hog Index...
The trend is the bulls’ friend.
Live cattle futures posted Thursday losses of 82 cents to $2.22 at the close, with August holding for gains of $5.45 last week. Open interest on Thursday was down 373 contracts. Cash trade was slow last...
Lean hog futures were 5 to 27 cents higher in the front months on Thursday, with December and beyond, down 12 to 32 cents. Open interest was up 1,010 contracts on Thursday. July was still down $2.42 last...