That Was a Wild Day, And This Is What It Takes to Trade These Market.
Hogs rally and fail, while cattle markets bounce back off their early weakness
Educational and actionable information using Fibonacci and W.D. Gann analysis.
Live cattle futures closed out the Friday session with contracts anywhere from 37 cents lower in nearby Dec to 35 cents higher for April. Dec saw a $3.22 drop since last Friday. Cash action saw trade this...
Lean hogs posted Friday gains of 7 to 82 cents across most contracts, as December was up another $4.40 on the week. The national average base hog price was reported at $79.06 on Friday afternoon, down...
Grain markets were mostly mixed on Friday and livestock futures saw a choppy trade. Here’s how the first trading day of November shook out for the Ag markets.
In my opinion, significant trading volume erupted into massive volatility in multiple markets on Friday.
Fats and Oils - 2024-11-01
Lean hogs are trading with 45 to 60 cent gains so far on Friday. The national average base hog price was reported at $79.25 on Friday morning. The CME Lean Hog Index was reported at $85.93 on October 30,...
Live cattle futures are facing mixed action so far, with front months down 15 to 50 cents and a few other contracts higher. Cash action saw trade this week anywhere from $189-190. Feeder cattle futures...