Livestock Markets
Grains were uniformly lower in Tuesday’s trade while livestock futures found their footing to post gains across the board. Here’s how today’s trade shook out.
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?
Grain markets were mostly higher in today’s trade. Livestock markets were mixed with Lean Hogs being the weak link.
Grain and livestock markets could be setting up for a choppy week with a looming election and interest rate decision this week. These are a few things on our radar.
Grain markets were mostly mixed on Friday and livestock futures saw a choppy trade. Here’s how the first trading day of November shook out for the Ag markets.
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.