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Live cattle futures closed Friday seeing some strength off the lows but closing down 22 to 87 cents. April was down $1.82 this week. Cash trade has picked up this week, with $248 sales across the country,...
Lean hog futures closed Friday with contracts down a tick to 67 cents, as June was down $2.67 this week. USDA’s national base hog price was reported at $90.28 on Friday afternoon, up 12 cents from the...
Cattle Markets Crash and recover in front of the Cattle on Feed report
In my opinion, the cattle market is believed moving into equilibrium. Rationing has caused significant shifts in domestic production and processing.
Lean hog futures are trading with contracts 45 to 85 cents lower on Friday. USDA’s national base hog price was reported at $90.76 on Friday morning. The CME Lean Hog Index was up 6 cents on April 15...
Live cattle futures are posting $1.45 to $1.65 losses on Friday. Cash trade has picked up this week, with $248 sales across the country. The Friday morning Fed Cattle Exchange online auction showed no...
Lean hog futures were mostly lower on Thursday, with contracts down anywhere from a tick to 67 cents. Open interest was down 1,538 contracts on Thursday. USDA’s national base hog price was reported at...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.