Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Hogs test support and rebound while Cattle makes a new low. Feeders consolidate
Lean hog futures settled the Friday session with contract sup 17 to 97 cents, as Feb was up 42 cents on the week. The national average base hog negotiated price was reported at $80.13 on Friday afternoon,...
Live cattle futures closed out the Friday session with contracts down 25 cents to up 62 in some deferreds. Cash trade settled in this week around $191 in the South and $191-192 in the North. This morning’s...
Grain and Livestock Markets Mixed on A Slow Day. Feeders Lower Next Week?
In my opinion, I think the situation is as simple as there are too many cattle producers for the number of cattle available.
Lean hog futures are trading with 70 cent to $1.05 gains so far on Friday. The national average base hog negotiated price was not reported on Friday morning, with 5-day rolling average at $87.84. The CME...
Live cattle futures are posting gains of 25 to 55 cent gains so far on Friday. This morning’s Fed Cattle Exchange online auction from Central Stockyards showed sales on three lots of the 1,174 head listed....
Live cattle futures closed Thursday with losses of $1.12 to $2. Thursday morning’s Fed Cattle Exchange online auction from Central Stockyards showed no sales on the 1,174 head listed. Bids ranged from...
Lean hog futures closed out the Thursday session on a mixed note, with December down 7 cents and other contracts steady to 22 cents higher. The national average base hog negotiated price was not at $85.34...