Cattle futures bulls are still in the driver seat.
Live cattle were down 40 cents to $1.42 across most contracts, with June the lone exception, up a nickel. August was down 80 cents last week. Open interest was down 1,120 contracts. Cash trade saw volume...
Lean hog futures were $1 to $1.37 higher on Friday, with front months down 2 to up 22 cents. July was $2.10 lower last week. Open interest was up 1,905 contracts on Friday. USDA’s national base hog price...
Key USDA acreage reports on June 30th
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Carry helps identify opportunity—but it doesn't tell you which side of the trade has the historical edge. Using a database of more than 31,000 commodity spread trades, this article introduces the first...
Futures ignore steady cash and trade lower
Lean hog futures were $1 to $1.37 higher on Friday, with front months down 2 to up 22 cents. July was $2.10 lower this week. USDA’s national base hog price was reported at $93.44 on Friday afternoon,...
Live cattle were down 40 cents to $1.42 across most contracts, with June the lone exception, up a nickel. August was down 80 cents this week. Cash trade saw volume pick up late on Friday to $260 live and...
Capital outlay hit a new high this week as historical prices were paid in multiple weight categories. This widened the starting feeder to finished fat spread by over $20.00 from June 16 to June 26.