Livestock Analysis
Grain markets were lower as the lack of new news has kept buyers at bay. Livestock markets came under pressure on the back of long liquidation from funds. In the outside markets, it was new all-time highs for the S&P and NASDAQ.
Grain markets struggled to find buyers in today’s trade and long liquidation was seen in the cattle complex. Here’s how the first trading day of the month shook out.
Grain markets were lower in the overnight trade after President Elect Donald Trump brought up potential tariffs on Mexico and Canada. The markets digested that news and finished the day mixed.
It was an eventful morning, particularly in the cattle complex with a big gap higher, but the market settled down shortly after the open with some contracts closing lower on the day. Grain markets were mostly mixed.
Cattle futures gap higher in Monday’s trade on the back of concern regarding beef imports from Mexico
Grain and Livestock Market were mixed in Tuesdays trade, here’s how things shook out.
Grain markets were mixed in the overnight trade but have found support following the floor open. A sign of better things to come? Livestock markets had a WILD end to last week but are relatively mute to start this week’s trade. Here are a few things we are keeping an eye on.
Grain and livestock markets were lower in Thursday’s trade as selling took hold. More downside to come ahead of the weekend?
Livestock markets have had a nice run higher over the last few months but appear to be stalling out. Is downside risk starting to outweigh upside potential?
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Funds reached set a record net long position in lean hogs according to last week’s Commitment of Traders report. They are also aggressively long live cattle and feeder cattle too, increasing the risk of long liquidation.
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.
Grain markets took out the previous day’s low but managed to recover and take out the previous day’s high, which may offer a technical tailwind for prices into the weekend.
Cattle futures have struggled to get out above significant resistance. Is the market setup for a breakout, or will seasonal weakness pressure prices into the back half of the month?
Headline risk continues to weigh on cattle futures. Are prices getting set to retest the lows?
Cattle futures were able to firm in Tuesday’s trade as the market continues to repair some of the technical damage that was done in the prior two weeks. How much more upside is there?
Cattle futures were under heavy pressure for much of last week but staged an impressive rally on Friday. Are the lows in or was that just a relief rally following a sharp selloff?
Livestock markets have been choppy to start the week, is that setting up for opportunities?
Oliver Sloup, Co-Founder of Blue Line Futures shares his take on today’s price action in the outside markets and how that could spill into some setups in grain and livestock prices.
Grain markets were meaningfully higher in the early morning trade but gave some gains back into the afternoon. Livestock markets continued their rally in Tuesday’s trade.
Lean hogs continue to repair damage that has been done over the last few months. Where’s overhead resistance?