Lean hog futures are trading with 12 to 87 cent losses across most contracts on Monday. The national average base hog negotiated price was reported at $78.32 on Monday Tuesday, which was down $1.37 from...
Live cattle futures are posting $1.20 to $1.35 gains across most contracts on Monday. Cash trade last week was reported at $196-197 in the South and $200 in the North. Feeder cattle futures are back up...
Cattle made new highs but reversed to finish well off the highs. Lean hogs saw volatility as well. Here are a few things we are keeping an eye on for today’s trade.
Live cattle futures closed with most contracts down anywhere from a nickel to $1.40 and Feb up 45 cents. Cash trade last week was reported at $196-197 in the South and $200 in the North. Friday morning’s...
Lean hog futures closed with contracts steady to 92 cents lower on Friday. The national average base hog negotiated price was reported at $79.59 on Friday afternoon, which was down 49 cents from the day...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Live Cattle broke out to a new high on Thursday last week. However, the Friday candle is bearish and points to a retest of the breakout point.
Strong rallies for cattle fail while a new low for hogs leads to a recovery bounce