Livestock Analysis
Oliver Sloup on Markets on the Move: grain and livestock markets came alive in today’s trade, counter to what many traders may have been expecting. Can the rallies continue when we come back to work on Friday?
Grain markets have traded on both sides of unchanged to start the shortened holiday week. The bulk of cattle contracts opened lock limit lower. The options market shows continued weakness, but it may not be the panic that you might think. Oliver Sloup joins RFD-TV to break it down, tune in!
Oliver Sloup on Markets on the Move: grain futures came out of the gates strong to start the week, but that momentum faded and led to some weakness in the back half of the week, putting prices at significant inflection points for next week’s trade.
Grain and cattle markets got hit hard in Wednesday’s trade. Grains remain technically sound while cattle stay volatile. What’s in store for the rest of the week? Tune in to Markets on the Move for Oliver Sloup’s latest breakdown.
Grain markets bounced back fast after a rough Friday and a soft Sunday night open. Soybeans and wheat led the charge higher, both posting new highs for the move. How much more upside is left? Tune in to Markets on the Move for the latest from Oliver Sloup.
Oliver Sloup on Markets on the Move: grain markets saw a sharply lower trade on Friday following a WASDE report that fell short of feeding the bull run. Is the rally over, or was today’s pullback just a healthy correction? Tune in!
Oliver Sloup on Markets on the Move: corn and soybeans opened on the lows and closed at the highs in today’s trade. Prices are now knocking on the door of recent highs, which could lead to another leg higher. Will Friday’s WASDE report dampen the optimism or confirm the recent strength?
Grain markets struggled in the back half of last week’s trade but have found their footing as significant support has held for corn, soybeans, and wheat. Where to next?
Oliver Sloup on Markets on the Move: soybeans traded in a 33 ½ cent range this week, only to settle 1 ¾ cents higher on the week. This rings true to our thesis that opportunities for traders on both sides of the market will continue to present themselves. Cattle managed to recover on Friday, but it hardly put a dent in the weekly losses.