Cash Live Cattle – Cash Lean Hogs Monthly
As I was digging through my plethora of charts Tuesday morning, I came across this monthly close-only look at the Cash Live Cattle Index - Cash Lean Hog Index. What [...]
As I was digging through my plethora of charts Tuesday morning, I came across this monthly close-only look at the Cash Live Cattle Index - Cash Lean Hog Index. What [...]
December corn closed lower Monday, finishing at $4.2225, down 5.5 cents for the day. It's interesting to note Monday's low was the round number $4.20, and that trade volume was [...]
After talking with my friend in the cattle industry Thursday afternoon, I knew I needed to post a feeder cattle daily chart as Friday's Chart of the Day. But which [...]
An Update from Wednesday's Chart of the Day: Shortly after yesterday morning's open, the Dec $4.20 call option dipped below 20.0 cents, trading at 19 6/8 cents at 8:32:40. Over [...]
December corn looks to be making a bullish turn. If completed, this will change both long-term investment and intermediate-term hedge positions. Trends Minor (short-term): Up. Dec25 completed a bullish key [...]
To say the US boxed beef markets were active last week would be an understatement. For the record, according to USDA, Friday afternoon's prices were: Choice at $378.64, down $6.02 [...]
Those of you following along with the long-term investment Theoretical Positions in Monthly Analysis are likely familiar with my use of the December 2025-December 2026 corn futures spread. This has [...]
As I was putting together Wednesday's Afternoon Commentary, the weekly chart for September HRW wheat stood out to me. As I mentioned, September posted a low of $5.16 Wednesday, within [...]
As mentioned in Tuesday's Afternoon Commentary, the HRW September-December futures spread closed yesterday at a carry of 24.75 cents carry. This equaled the mark posted last Thursday as markets headed [...]
The latest CFTC Commitments of Traders reports were released Monday afternoon, a day late due to last Friday's holiday. The Commitments of Traders report showed noncommercial traders held a net-short [...]
I heard from a friend in southwest Kansas Wednesday morning, updating me on wheat harvest progress on her farm. With the end in sight, she was wondering what crystal ball [...]
The unraveling of the United States, including the US dollar index, continued overnight as the greenback fell to a low of 96.99 overnight through early Thursday morning. This was still [...]
As discussed in Wednesday's Morning Commentary, the December corn contract has broken through to a new low of $4.25 overnight, easily taking out its previous mark of $4.28. Based on [...]
The latest CFTC Commitments of Traders reports were released Monday afternoon, a day late due to last Thursday's holiday. This corn chart stood out to me. The Commitments of Traders [...]
As mentioned in Weekly Analysis: Feeder Cattle over the weekend, the technical view of August feeder cattle (as well as live cattle) is growing increasingly bearish. Maybe. August feeders completed [...]
As mentioned in Friday's Morning Commentary, today is the expiration day for July options, including short-dated new-crop July puts and calls. Those of you who have been following along with [...]
The Softs sector needs to make room for another market - US Boxed Beef. Why? The latter has gone into a vertical rally similar to what has been seen in [...]
As mentioned in Morning Commentary, it is indeed Tuesday morning meaning the US Federal Open Market Committee begins its 2-day meeting. The festivities conclude with an early Wednesday afternoon announcement [...]
As mentioned in Monday's Morning Commentary, the September HRW wheat weekly chart is trying to show signs of a possible secondary (intermediate-term) uptrend. However, I didn't want to get anyone's [...]
As mentioned in Morning Commentary this fine Friday the 13th, King Crude Oil had an interesting overnight session. The spot-month contract opened Thursday afternoon/evening at $67.50, up $1.06 from the [...]
As I usually do, the first thing I looked at this morning was the US dollar index. Early Thursday shows the greenback had fallen to an overnight low of 98.08, [...]
I ran through a lot of charts looking for something to post as a Chart of the Day. I finally settled on July Silver, partly due to the technical picture [...]
My friend in the cattle industry sent me a message Wednesday afternoon, updating me on the latest happenings in the cash market. His note read, "$228 traded light numbers in [...]
As mentioned in Tuesday's Afternoon Commentary, corn contract's posted what looked to be bullish short-term reversal patterns on their daily charts. Before we get into the discussion there are 3 [...]
The daily close-only chart for the August-October live cattle futures spread is interesting. After running into resistance just short of $3.20 (May 12, May 13, and May 15), the spread [...]