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Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Lean hog futures saw weakness on Thursday, with contracts down 47 cents to $1.40 in the nearbys and 7 to 32 cent gains in the back months. USDA’s national base hog price was reported at $89.74 on Thursday...
Live cattle futures edged out higher on Thursday, with contracts up 10 to 20 cents in the front months, with deferreds 32 to 92 cents higher. Cash trade has yet to be reported so far this week. Thursday...
Trading was ground to a pencil point in the fats today. Traders appeared very indecisive as oil breached and remained above $80.00 per barrel and diesel fuel now trading over $3.60.
Live cattle futures are showing steady to 20 cent lower trade at midday on Thursday. Cash trade has yet to be reported so far this week. Thursday morning’s Fed Cattle Exchange online auction showed no...
Lean hog futures are giving back gains, with Thursday showing losses of $1.20 to $1.60 at midday. USDA’s national base hog price was not reported on Thursday morning due to light volume. The CME Lean...
Live cattle futures rallied on Wednesday, with contracts up $4.20 to $4.50 at the close. Open interest was up 829 contracts on Wednesday. Cash trade has yet to be reported so far this week. Wednesday morning’s...
Lean hog futures were in rally mode on Wednesday, with contracts up $1.30 to $1.80 on the day. OI rose 504 contracts on Wednesday. USDA’s national base hog price was not reported on Wednesday afternoon...
