Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Hogs Rally, Cattle markets strong ahead of Cattle on Feed report
Strong Dollar and Bearish Cattle on Feed Report. Fats and Feeders lower next week?
In my opinion, the division is clear between the expectations of expansion creating a shorter supply of cattle, and the expectations of the incoming administration to lower inflation.
Live cattle futures posted gains of 22 cents to $1.175 on Friday, led by Dec to keep up with cash. On the week, the contracts was up $3.825. Cash trade settled in this week at $186-188, with most trade...
Lean Hog futures posted gains of 17 cents to $1.02 on Friday, as Dec was up $2.175 on the week. The national average base hog negotiated price was reported at $82.72 on Friday afternoon. The CME Lean Hog...
Live cattle futures are posting midday gains of 15 to 60 cents so far on Friday. The Central Stockyards Fed Cattle Exchange online auction showed sales of 587 head on the 2,344 head listed on Friday morning....
Lean Hog futures are trading with contracts up 50 to 75 cents at midday. The national average base hog negotiated price was reported at $83.30 on Friday morning. The CME Lean Hog Index was reported at...