Cattle feeders had to find relief somewhere. Not bidding up for feeder steers is about the only thing in their control, and it seems to have been their market of preference. Previous recommendations to...
Live cattle futures recently reached a record high, driven by strong demand, tight supplies, and positive economic indicators. While prices are elevated, several factors continue to support bullish sentiment....
Lean hog futures are trading with contracts up $1.47 to $2.60 so far on Monday. The national average base hog negotiated price was reported at $77.62 on Monday morning, down 36 cents from the day prior....
Live cattle futures are up another 52 to 62 cents so far on Monday to extend the rally. Last week’s cash trade was reported at $200-201 in the South and live sales of $202 and a few up to $205 in the...
A bullish surprise in US production numbers from Friday’s USDA report has reignited the optimism for higher prices. How much more upside is left?
Live cattle futures were up another 42 cents to $1.37 on Friday, with Feb rallying $4.72 on the week. Cash trade was reported at $200-201in the South and live sales of $202-205 in the North and $320 in...
Lean hog futures posted gains to a tick to $2.125 on Friday, with Feb up $1.77 since last Friday. The national average base hog negotiated price was reported at $79.00 on Friday afternoon, up 15 cents...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.