I joined Michelle Rook on Markets Now to analyze whether recent grain market rallies are driven by genuine commercial demand or just short-term fund activity. I also offered a critical look at the technical...
Live cattle futures were mixed, with August down 12 cents and the rest of the board up 12 to 55 cents. Open interest was up 1,342 contracts. Cash was picked up last week at $403 dressed in the north, with...
Lean hog futures were mixed on Monday, with contracts down 50 cents to 90 cents higher at the close. Open interest was up 1,652 contracts on Monday, mainly in October and beyond. USDA’s national base...
Live cattle futures were mixed, with August down 12 cents and the rest of the board up 12 to 55 cents. Cash was picked up last week at $403 dressed in the north, with live trade at $255-256. Southern trade...
Lean hog futures were mixed on Monday, with contracts down 50 cents to 90 cents higher at the close. USDA’s national base hog price was not reported on Monday afternoon due to thin trade. The CME Lean...
Cattle markets trade to new low, rebound is weak
Live cattle futures are showing 10 to 45 cent gains so far on Monday. Cash was picked up last week at $403 dressed in the north, with live trade at $255-256. Southern trade was $255. Feeder cattle futures...
Lean hog futures are mixed at midday, with contracts down 57 cents to 70 cents higher at midday. USDA’s national base hog price was not reported on Monday morning due to thin trade. The CME Lean Hog...
The potential for higher-for-longer beef prices at the meat counter could result in better consumer demand for pork into 2027.
Educational and Actionable information using Fibonacci and W.D. Gann analysis.