War premium fueling Friday’s commodity surge
USDA Grain Reports on March 10thThe index of oil up by Pashalgnatov via istock
Wheat Hits The ONE44 Short Term Target, 618.00
Educational and Actionable information using Fibonacci and W.D. Gann analysis.Beautiful Landscape Of Sunset Over Wheat Field by Yuriy_Kulik via iStock
Cattle Futures Fall Apart
Equities and Crude pressure cattleBrown cow in field by TasfotoNL via iStock
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 Friday afternoon, up $1.95 from the day prior. The...Pigs on a pig farm by artbyPixel via iStock
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 of the country, firming in some northern areas from last week and lower in the...Brown and white co
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 by Penny via Pixabay
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 head. Trade outside of that has been $240 in the North. Feeder cattle futures are falling $7.35..
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 on March 4 at $90.55. USDA’s pork carcass cutout value from the...Pig grazing in a field by Santia
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?Simmental cow by kobkik via iStock
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 add some spillover pressure at the open. Cash trade has yet to...Closeup of a dairy cow eating h
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 base hog price was reported at $89.74 on Thursday afternoon. The CME Lean...Pink pig in pasture
A look at the 38.2% Fibonacci retracement with the ONE44 rules and guidelines.
Educational and Actionable information using Fibonacci and W.D. Gann analysis.Corn harvest - by ulleo via Pixabay
Pure Hedge - Livestock and Grain
Facts are Stubborn - Cattle Numbers are LowCattle behind barn fence by dusanpetkovic via Istock
Cattle Diverge on Thursday
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. Cash trade has yet to be reported so far this week. Thursday morning’s Fed Cattle Exchange online auction showed no sales on the 1,224...Brown and white cow w
Hogs Post Weaker Trade on Thursday
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. USDA’s national base hog price was reported at $89.74 on Thursday afternoon. The CME Lean Hog Index was 34 cents higher on March...Pink pig in pasture by DESPIER
Shootin' the Bull about $80.00 plus crude oil and $3.60 plus diesel fuel
Trading was ground to a pencil point in the fats today. Traders appeared very indecisive as oil breached and remained above $80.00 per barrel and diesel fuel now trading over $3.60.Cattle by Penny via Pixabay
Hogs Pulling Back on Thursday
Lean hog futures are giving back gains, with Thursday showing losses of $1.20 to $1.60 at midday. USDA’s national base hog price was not reported on Thursday morning due to light volume. The CME Lean Hog Index was 34 cents higher on March 3 at $90.18. Export Sales data from...Pigs on a pig farm by a
Cattle Falling Back on Thursday
Live cattle futures are showing steady to 20 cent lower trade at midday on Thursday. Cash trade has yet to be reported so far this week. Thursday morning’s Fed Cattle Exchange online auction showed no sales on the 1,224 head, with bids at $238. Feeder cattle futures are down $1...Family outside of c
Cattle Look to Thursday After Wednesday Rally
Live cattle futures rallied on Wednesday, with contracts up $4.20 to $4.50 at the close. Open interest was up 829 contracts on Wednesday. Cash trade has yet to be reported so far this week. Wednesday morning’s Fed Cattle Exchange online auction showed no sales on the 1,224 head, with bids...Closeup
Hogs See Strength on Wednesday
Lean hog futures were in rally mode on Wednesday, with contracts up $1.30 to $1.80 on the day. OI rose 504 contracts on Wednesday. USDA’s national base hog price was not reported on Wednesday afternoon due to light volume. The CME Lean Hog Index was 15 cents higher on March...Pig resting in pen on h