Educational and Actionable information using Fibonacci & W.D. Gann analysis.
The animal protein sector of the commodities market, including live and feeder cattle and lean hog futures, edged marginally higher in Q2. Meats are now in the middle of the peak demand season, when prices...
Lean hogs closed on either side of unchanged on Wednesday, with front months up 5 to 52 cents and other contracts 10 to 22 cents lower. The USDA National Base Hog price was reported at $90.97 on Wednesday...
Live cattle put on continued strength on Wednesday ahead of the Thursday Holiday, as contracts were up anywhere from a nickel in the deferreds to $1.20 in some of the fall months. Wednesday’s online...
Happy 4th of July
Futures traders were no friends to the cattle feeder today. Little in the way of premium on fat futures to work from, and higher feeder cattle prices to just add a little insult to injury.
Lean hog futures are down 5 to 52 cents on Wednesday, with July up 45 cents. The USDA National Base Hog price was reported at $90.20 on Wednesday morning, up 27 cents from the previous day. Futures are...
Live cattle are rallying on 57 to 95 cents on Wednesday’s midday. Wednesday’s online Fed Cattle Exchange from Central Stockyards showed sales of 120 head @ $195 in IA using their BidTheGrid™ method....
Live cattle were firmer on Tuesday, with contracts up 82 cents to $2.10 at the close. Tuesday’s online Fed Cattle Exchange from Central Stockyards showed sales of 923 head @ $193-193.25 in TX using...