Livestock Analysis
Grain markets received friendly news in the most recent WASDE report but have failed to find any follow through momentum. A sign of caution?
Cattle futures were contained within the previous day’s trading range and lean hogs were mixed. These are the levels to keep an eye on for Friday’s trade.
Grain markets have staged an impressive rally from the Tuesday night lows. Can the rally continue beyond tomorrow’s WASDE report? Livestock markets have been choppy, where’s the opportunity there?
It was another mixed day in the grain and livestock markets. Are there any potential opportunities popping up into the end of the month?
Corn and wheat were higher in Tuesday’s trade while beans struggled. Cattle futures gave background while lean hogs powered to new contract highs.
Grain markets opened the Sunday night trade lower but have been able to stabilize some through the morning. These are the levels to watch through this week’s trade.
That’s a wrap! Here’s how things finished up in the grain and livestock markets.
Weekly export inspections have shown signs of improvement which helped add a tailwind to prices in Thursday’s trade.
Grains were weaker overnight but managed to firm through Wednesday’s trade to post gains. Livestock markets were mixed.
It was a higher day in the ag markets with grains and cattle posting gains. Here’s how today’s trade shook out and a few things on our radar.