Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Lean hog futures posted mixed action on Friday, with contracts down 27 cents to up 40 cents. June was down $1.77 this week. USDA’s national average base hog negotiated price was reported at $94.47 on...
Live cattle futures closed with mixed action as nearby June was held up by the stronger cash action, up 42 cents, with other contracts down 40 to 55 cents. June was up $3.57 on the week. Cash trade settled...
In my opinion, the cattle industry is changing rapidly. Woefully too much production and processing capacity, caused by the Biden administrations gratuitous handouts of subsidies in every form of payment...
Live cattle futures are slipping back by a nickel to $1 so far at Friday’s midday. Cash trade this week has come in at the $218-220 range in the South, with northern action at $225-228. Feeder cattle...
Lean hog futures are trading with contracts 50 to 60 cent gains in the front months so far on Friday, with thinly trade May down a dime. USDA’s national average base hog negotiated price was reported...
Lean hog futures closed with contracts down 15 to 50 cents in the nearbys and July up 75 points. USDA’s national average base hog negotiated price was reported at $94.02 on Thursday afternoon, up $1....