Today's on feed number is interesting with 11.82 million head on feed, approximately 1 % more when March of '23 had 11.64. Today's price of April futures is $181.47 and last year, with fewer cattle on...
Cattle on Feed - 2024-04-19
Lean hogs are posting a midday rally, with contracts up $1.30 to $2.02. USDA’s National Average Base Hog negotiated price was down $1.80 in the Friday morning report at $88.69. The CME Lean Hog Index...
Live cattle traders are squaring their positions ahead of this afternoons Cattle on Feed report with contracts anywhere form 25 cents higher to 55 cents lower. Cash action has been quiet so far this week,...
Lean hogs posted mostly weaker action on Thursday, as contracts were down anywhere from a tick to 42 cents with the exception to July, up a nickel. USDA’s National Average Base Hog negotiated price was...
Live cattle posted some strength on Thursday, with contracts up anywhere from a nickel to $1.05. Cash action has been quiet so far this week. There have still been no deliveries against April futures....
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Live cattle posted some strength on Thursday, with contracts up anywhere from a nickel to $1.05. Cash action has been quiet so far this week. There have still been no deliveries against April futures....
Lean hogs posted mostly weaker action on Thursday, as contracts were down anywhere from a tick to 42 cents with the exception to July, up a nickel. USDA’s National Average Base Hog negotiated price was...
Changes are taking place and you have to take note of them. The most important to me is the building of carry in the diesel fuel market. Diesel is the energy source of commerce. Manufacturing and...