We analyze Livestock and Grains sector in this very brief report
Cable has seen a pretty nice reversal after hitting a new high around 1.3869, moved above the 2025 high, before the market turned lower. Notice that this current weakness has already extended below the...
The wheat complex was mixed on Thursday, as some contracts found some late-day strength. Chicago SRW futures were up 4 to 6 cents in the front months. KC HRW futures were down 1 to 2 cents at the close....
Lean hog futures gave into weakness on Thursday, as contracts were down 25 to 50 cents at the close. USDA’s national base hog price was reported at $91.00 on Thursday afternoon, down 21 cents from the...
Soybeans were down 1 to 2 cents across the front months on Thursday. The cmdtyView national average Cash Bean price was down 1 cent at $10.84 3/4. Soymeal futures are $1.20 to $2.20 in the front months,...
Cotton saw weakness on Thursday, as contracts retreated 70 to 85 points lower in the nearbys. Crude oil futures were up just 4 cents per barrel on the day at $65.46. The US dollar index was up $0.100 at...
Corn bulls found some late day momentum to push 1 to 3 cents higher at the close. The CmdtyView national average Cash Corn price was up 2 1/2 cents to $4.00 1/2. The spring base Crop Insurance price will...
Live cattle futures were down $3 to $3.50 in most contracts at the close. Cash trade got kicked off with some $383 dressed in the North, with some $244-245 live. Southern bids have been $245 The Wednesday...
Markets are in a state of indecision. Here's why Nike looks like a good option for a collar right now.
Fundamentals remain bullish, but the technicals are weakening.
