Lean Hogs calendar spread and a Natural Gas calendar spread
Lean Hogs surged mid and late last week, rising above recent support/resistance. However, overbought levels suggest the rally may not last.Hogs on a farm by artbyPixel via iStock
Simmering tensions spark ag market rally
USDA Reports on March 12thBull vs bear fork in the road by Lightspring via Shutterstock
Corn Completes Our 61.8% (512.00) to 61.8% (454.00) Target, Now Looking For 490.00
Educational and Actionable information using Fibonacci and W.D. Gann analysis.Corn, blue sky - by Skitterphoto via Pixabay
Cattle Rally to Close Out the Week
Live cattle futures got some help from a higher cash market on Friday, with gains of $3 to $4. April was up $7.625 on the week. Cash trade came in this week at $196-198 in the south. Northern trade was slower, with sales at $200-202 on Friday. This morning’s online...Two cows looking at camera by Cl
Hogs Continue Rebound on Friday
Lean hog futures closed the Friday session with contracts up 70 cents to $1.10. April was up $3.67 on the week to take back most of the recent weakness. USDA’s national average base hog negotiated price was reported at $88.89 on Friday afternoon, a drop of $1.88. The CME Lean...Piglets in a pasture
Cattle Markets Surge on Strong Cash and Hogs Work Higher
Live Cattle Cash trades higher surprising Futures tradersBlack and white cow brown cow by Rudy and Peter Skitterians via Pixabay
Shootin' the Bull about fundamental changes
A great change is believed to have taken place this week. That being, the basis is shifting from months of being positive, (cash leads the way), to now a negative basis, suggesting great expectations for future prices.Angus cow by Jeremy Stenuit via iStock
A Recap of This Week's Choppy Trade
Tariff talk kept markets moving this week with ride trading ranges in grain and livestock markets. Is this the new norm?Ear of corn - by Couleur via Pixabay
Pure Hedge - Livestock and Grain
Crazy Cattle Markets - Tariff Trouble Coming?Cattle in feed lot by Clinton Austin via iStock
Cattle Rallying on Friday As Cash Trends Higher
Live cattle futures are posting $3 to $4.15 gains so far on Friday, as cash is creeping higher. Cash trade came in earlier this week at $196-197 in the south, with bids of $198 in KS this morning. Northern trade has been slower with a few sales at $200 today....Cow grazing in a meadow sunshine by Ma
Hogs Extending Recovery on Friday
Lean hog futures are trading with 27 cent to $1.60 gains so far on Friday. USDA’s national average base hog negotiated price was reported at $88.69 on Friday morning. The CME Lean Hog Index was down another 2 cents from the previous day on March 5 at $90.18. USDA’s FOB...Piglets in a pasture by Be
A Choppy Livestock Trade Presents Shorter Term Opportunities
Livestock markets chop around as headlines continue to push and pull prices, creating shorter term trading opportunities for participants on both sides of the market.Brown and white cow by Frans Ruiter via Unsplash
Cattle Close Lower on Thursday
Live cattle futures were lower on Thursday, as cash is coming in steady to weaker this week. Contracts were down 7 to 50 cents at the close. Cash trade has settled in near $196-197 in the south this week, with slow Northern trade and $195-196 bids. Thursday morning’s online Fed...Cows in pen looking
Hogs Look to Friday After Recovering on Thursday
Lean hog futures settled Thursday with gains of $1.95 to 2.45 on day. USDA’s national average base hog negotiated price was reported at $90.77 on Thursday afternoon, up 49 points from the day prior. The CME Lean Hog Index was back down 2 cents from the previous day on March...Pig with dirt on snout
Hogs Rally on Another Tariff Postponement
Hogs surge as some tariffs are delayed againPig in a pen by AlexRaths via iStock
Cattle Fall Weaker on Thursday
Live cattle futures slipped back on Thursday as cash is coming in steady to weaker this week. Contracts were down 7 to 50 cents at the close. Cash trade has settled in near $196-197 in the south this week, with slow Northern trade and $195-196 bids. Thursday morning’s online Fed...Closeup of cows ea
Hogs Rally Back Again on Thursday with Tariff Pushback
Lean hog futures closed the Thursday session with contracts up $1.95 to 2.45 on day. USDA’s national average base hog negotiated price was reported at $90.77 on Thursday afternoon, up 49 points from the day prior. The CME Lean Hog Index was back down 2 cents from the previous day...Piglets Sleeping
A Traders Paradise
Volatility has ramped up across commodity markets over the last few weeks which has given traders on both sides of the markets a lot of shorter-term trading opportunities.Corn, blue sky - by Skitterphoto via Pixabay
Hogs Extend Pop on Tariff Pushback
Lean hog futures are pushing back higher on Thursday, with gains of $1.75 to $2.10. The national average base hog negotiated price from USDA was not reported on Thursday morning due to lighter volume. The CME Lean Hog Index was back down 2 cents from the previous day on March...Piglets napping by La
Cattle Falling Lower on Thursday
Live cattle futures are back down $1 to $1.30 so far on Thursday. Cash trade has been reported anywhere from $195 in the south early to more recent sales of $197. Northern action has been quiet, with $195-196 bids across the country this morning. Thursday morning’s online Fed Cattle Exchange...Man f