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Sat, Mar 7th, 2026

Livestock News and Commentary

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Sat, Mar 7th, 2026
Wheat Hits The ONE44 Short Term Target, 618.00

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZWK26 : 616-6s (+5.65%)
Cattle Futures Fall Apart

Equities and Crude pressure cattle

Hogs See Some Strength on Friday

Lean hog futures were mixed on Friday, with April down a nickel and the rest of the board up 20 to 67 cents. April was down a dime on the week. USDA’s national base hog price was reported at $91.69 on...

HEK26 : 100.850s (+0.32%)
HEJ26 : 95.625s (-0.05%)
HEM26 : 110.575s (+0.61%)
Cattle Rounds Out the Week with Losses

Live cattle futures were under pressure from falling equities on Friday, with contracts down $3.80 to $4.50 at the close. April was up $2.35 from last Friday. Cash trade settled in at $240 across most...

LEQ26 : 229.250s (-1.78%)
LEM26 : 231.475s (-1.62%)
LEJ26 : 234.575s (-1.66%)
GFJ26 : 351.625s (-2.05%)
GFH26 : 355.625s (-1.92%)
GFK26 : 348.075s (-2.10%)
Shootin' the Bull about volatility and price expanse

In my opinion, what a week of price volatility and expanse.  While not one for the record books, it is noticeable.

Cattle Rounding Out the Week with Losses

Live cattle futures are facing pressure from falling equities, with contracts down $4 to $4.70 at midday. Friday morning’s Fed Cattle Exchange online auction showed sales at $240-242 on 272 of the 1,224...

LEQ26 : 229.250s (-1.78%)
LEM26 : 231.475s (-1.62%)
LEJ26 : 234.575s (-1.66%)
GFJ26 : 351.625s (-2.05%)
GFH26 : 355.625s (-1.92%)
GFK26 : 348.075s (-2.10%)
Hogs Firm on Friday

Lean hog futures are trading a tick to 15 cents higher in the front months on Friday. USDA’s national base hog price was reported at $90.33 on Friday morning. The CME Lean Hog Index was 37 cents higher...

HEK26 : 100.850s (+0.32%)
HEJ26 : 95.625s (-0.05%)
HEM26 : 110.575s (+0.61%)
Cattle Futures Were Resilient in Thursday's Trade. Can They Do it Again?

Cattle futures were able to ignore a lot of the noise from the outside markets on Thursday. With continued volatility into the weekend can they do it again?

Cattle Look to Round Out the Week

Live cattle futures edged out higher on Thursday, with contracts up 10 to 20 cents in the front months, with deferreds 32 to 92 cents higher. Equities are starting out the day on a weaker note, which may...

LEQ26 : 229.250s (-1.78%)
LEM26 : 231.475s (-1.62%)
LEJ26 : 234.575s (-1.66%)
GFJ26 : 351.625s (-2.05%)
GFH26 : 355.625s (-1.92%)
GFK26 : 348.075s (-2.10%)
Hogs Look to Friday Trade

Lean hog futures saw weakness on Thursday, with contracts down 47 cents to $1.40 in the nearbys and 7 to 32 cent gains in the back months. Open interest was up 1,018 contracts on Thursday USDA’s national...

HEK26 : 100.850s (+0.32%)
HEJ26 : 95.625s (-0.05%)
HEM26 : 110.575s (+0.61%)

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S&P 500 $SPY is now red on the year 📉📉💸 https://t.co/mU5LS5aH1r
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You’ve been Finked!
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Source: Goldman SachsH/T: ZeroHedge
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BREAKING 🚨: Hedge FundsHedge Funds had built up an all-time high short exposure to software stocks before the recent short squeeze sent $IGV flying higher by 14% 📈📈 https://t.co/LcLv2ehghO
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CBOE Volatility Index $VIX closes at highest level in 11 months 😱👀🫂 https://t.co/TaRdi5ynbF
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BREAKING 🚨: BlackRock$BLK limits withdrawals from its flagship debt fund. Investors wanted to pull $1.2 Billion, the fund only allowed half of that. First Blue Owl, then BlackStone, now BlackRock. Yikes!!! https://t.co/Meb7NDE6uT
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Oil Options Traders are currently paying the most for risk reversals (buying an OTM call and selling an OTM put) in history 🚨🚨 https://t.co/YSiwr4IFxF
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S&P 500 $SPY posts consecutive closes below the 100-day moving average for the first time since May 📉📉 Here we go!!! 😱👀 https://t.co/a2uXm8ITEw

Chart of the Day

Mitek Systems Inc (MITK)

Mitek Systems (MITK) is trading at a new 52-week high. Shares have strong technical momentum and are up more than 67% over the past year. MITK maintains a 100% “Buy” opinion from Barchart. Analyst sentiment is robust with multiple “Strong Buy” ratings. Today’s Featured Stock Valued at $688 million, Mitek...
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