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Cable is coming nicely to the upside, pushing well above the 1.3251 level and trendline resistance, and also breaking out of the base channel. This suggests we are in a third leg, and if this is wave three...
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Today's World Agricultural Supply and Demand Estimates (WASDE) report from the...
Bullish the Cattle Markets? Bearish the Grain Markets? I am, and this is my plan.
The wheat complex was mixed across the three exchanges on Tuesday, with spring wheat holding higher. Chicago SRW futures were fractionally mixed on the day. KC HRW futures also saw fractionally mixed action...
Lean hog futures closed Tuesday with mixed trade, as December was up 20 cents another other contracts down 45 to 55 cents. USDA’s national base hog price was reported at $71.43 on Tuesday afternoon,...
Soybeans posted Tuesday losses of 6 to 8 cents in the nearbys, as contracts pulled off lows into the close. The cmdtyView national average Cash Bean price was 4 3/4 cents lower at $10.18 1/4. Soymeal futures...
Corn futures posted gains of 4 to 5 cents across most contracts on Tuesday, following a bullish USDA report. The CmdtyView national average Cash Corn price was up 4 1/2 cents at $4.03 1/2. The monthly...
Live cattle futures are down 50 cents in nearby December, with other contracts 20 to 30 cents higher. There were 15 new deliveries on Tuesday for West Point, NE, with another 15 retendered in Kearney,...
