Live Cattle Aug '24 (LEQ24)

Cattle futures have firmed over the last two weeks as Managed Money looks to add exposure on the back of resilient fundamentals

Lean hog futures leaned bearish going into the Hogs & Pigs report, settling 45 to 87 cents lower. The USDA National Base Hog price was reported at $89.03 on Thursday afternoon, up 39 cents from the previous...

The June live cattle futures settled $1.25 higher Thursday, with a firm tone to the cash trade, while the rest of the contracts were 30 to 92 cents lower. Cash trade has been slow to develop this week....

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

Lean hog futures leaned bearish going into the Hogs & Pigs report, settling 45 to 87 cents lower. The USDA National Base Hog price was reported at $89.03 on Thursday afternoon, up 39 cents from the previous...

The June live cattle futures settled $1.25 higher on a firm tone to the cash trade, while the rest of the contracts were 30 to 92 cents lower. Cash trade has been slow to develop this week. Thursday morning’s...

Cattle feeders appear to be exposed to an over $10.00 positive basis with very little they can do about it. Futures traders are believed to be overly cautious of adding premium to futures.

Hogs and Pigs - 2024-06-27

Live cattle futures are trading with losses of 10 to 70 cents at midday, as June is pushing to a new all-time high for futures on cash strength. Cash trade has been slow to develop this week. Thursday...

Lean hog futures are back down 72 cents to $1.30 ahead of this afternoon’s Hogs & Pigs report. The USDA National Base Hog price was reported at $89.59 on Thursday morning, up 85 cents from the previous...