The Friday closes reflected the week’s net move, as June and August went into the weekend with 57 and 30 cent losses respectively to the deferred contracts’ 12 to 50 cent gains. July hogs were down...
The live cattle futures market ended the day with nearby losses of 15 to 37 cents, but deferred contract gains of less than 10 cents. USDA called the week’s cash market at $184 for the WCB, and $180...
In my opinion, if it weren't for bad luck, I'd have no luck at all. My comments last week of a Fed in favor of letting the economy run hot, in an attempt to quell inflation, did not materialize.
So far through the Friday session front month lean hog futures are within 30 cents of UNCH. The October and December contracts are lightly in the red. USDA’s National Average Morning Base Hog price was...
With a week left in the contract and no deliveries thus far, June cattle futures are down by 15 cents through midday. The August and October contracts are also 10-20 cents weaker as the deferred futures...
Educational and Actionable Information using Fibonacci and W.D. Gann Analysis
Lean hog prices dropped by triple digits in the lead months with 3% losses for each July and August. That flipped the lead month contract back to net red for the week’s move. Profit taking was the main...
Live cattle futures closed triple digits stronger past the June’s 40c gain. The August was a $6.50 discount to June ahead of next Friday’s expiration. The feeder cattle market closed with $2.95 to...
Lean hog prices dropped by triple digits in the lead months with 3% losses for each July and August. That flipped the lead month contract back to net red for the week’s move. USDA’s National Average...
Live cattle futures closed triple digits stronger past the June’s 40c gain. The August was a $6.50 discount to June ahead of next Friday’s expiration. The feeder cattle market closed with $2.95 to...
