Lean hog futures are trading with mixed action on Wednesday, with contracts down 40 cents to 55 cents higher. USDA’s national base hog price was reported at $89.83 on Wednesday morning, down $1.90 from...
Live cattle futures are trading with $1.44 to $1.55 losses on Wednesday. Early cash trade this week has been quiet with a few light sales of $246 floating around in KS, but not enough for a trend. The...
Consider buying a put option on June live cattle futures.
Lean hog futures saw a Tuesday recovery after gapping higher, with contracts up 12 cents to $1.47 at the close. Open interest was down 1,633 contracts. USDA’s national base hog price was reported at...
Live cattle futures posted $1.52 to $2.52 losses on Tuesday. Open interest slipped back 1,458 contracts on Tuesday. Early cash trade this week has been quiet with a few light sales of $246 floating around...
Lean hog futures saw a Tuesday recovery after gapping higher, with contracts up 12 cents to $1.47 at the close. USDA’s national base hog price was reported at $92.65 on Tuesday afternoon, up 52 cents...
Live cattle futures posted $1.52 to $2.52 losses on Tuesday. Early cash trade this week has been quiet with a few light sales of $246 floating around in KS, but not enough for a trend. Feeder cattle futures...
We could see a lower trade across the board tomorrow. Risk Off Environment
Daily Live and Feeder Cattle charts have made a bearish turn. Potential double top in weekly charts?
A Head & Shoulders pattern is believed the same as the final 3 waves of a bull market, combined with the first 3 waves of a bear market.