Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Fed strongly hints to September rate cut
Live cattle futures posted losses of 12 to 55 cents on Friday, with August up a tick heading into the USDA’s Cattle on Feed report after the close. Cash trade saw some southern action at $182-185, with...
Lean hog futures closed out the Friday session with contracts to 92 cents in the green. The national average base hog price was reported at $80.76 on Friday afternoon, down $2.60 on the day. The CME...
In my opinion, traders opened a wide swath of quicksand for producers to have to traverse as markets seek convergence.
Cold Storage - 2024-08-23
Live cattle futures are showing mixed trade with August down a dime and other contracts up 20 to 40 cents leading up to USDA’s Cattle on Feed report. Cash trade crept in earlier this week with some southern...
Lean hog futures are trading with 30 to 45 cent gains in the nearbys on Friday. The national average base hog price was reported at $80.44 on Friday morning afternoon, down $2.92 on the day. The CME Lean...