Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established back in early October when March feeders took out its previous 4-week low of [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the April contract. Additionally, put options were bought during the previous uptrend. If speculative positions went long the market [...]

Theoretical Positions: Traders could be long April lean hogs from $76.375 (close the week of January 1) with additional positions added at $79.375 (new 4-week high the week of January [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established back in early October when March feeders took out its previous 4-week low of [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the April contract. Additionally, put options were bought during the previous uptrend. If speculative positions went long the market [...]

Theoretical Positions: There are no positions in lean hogs at this time. Trend: Sideways. The February lean hog contract remains a mystery. After completing a bullish spike reversal the week [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established back in early October when January feeders took out its previous 4-week low of [...]

Theoretical Positions: There are no positions in lean hogs at this time. Trend: Sideways. Since posting a bullish spike reversal the week of November 27, the February lean hog contract [...]

Theoretical Positions: Cash cattle have likely been hedged or sold versus the February contract. Additionally, put options were bought during the previous uptrend. Trend: Sideways. The Feb live cattle contract [...]

Theoretical Positions: Put options were bought during the previous uptrend. Short hedges may have been established back in early October when January feeders took out its previous 4-week low of [...]

Theoretical Positions: There are no positions in lean hogs at this time. While the market could see an extension of its secondary uptrend, there is no fundamental or seasonal backing [...]

Theoretical Positions: The best strategy has been to continue selling into the cash market. However, producers will also be looking at spreads and holding cattle back to sell into the [...]

Theoretical Positions: The best strategy has been to continue selling into the cash market. However, producers will also be looking at spreads and holding cattle back to sell into the [...]

Theoretical Positions: The best strategy has been to continue selling into the cash market. However, producers will also be looking at spreads and holding cattle back to sell into the [...]

Theoretical Positions: Put options were bought during the recent uptrend. The last two weeks have seen Nov Feeders complete a bearish 2-week reversal and new 4-week low. This means short [...]

Theoretical Positions: Continue to sell cash hogs based on the strength of national average basis and flat seasonal tendency. Trend: I still have no idea what to make of the [...]

Theoretical Positions: The best strategy is to continue to sell into the cash market. However, producers will also be looking at spreads and holding cattle back to sell into the [...]

Theoretical Positions: Put options were bought during the recent uptrend. The last two weeks have seen Nov Feeders complete a bearish 2-week reversal and new 4-week low. This means short [...]

Theoretical Positions: Continue to sell cash hogs based on the strength of national average basis and flat seasonal tendency. Trend: I have no idea what to make of the weekly [...]

Theoretical Positions: The best strategy is to continue to sell into the cash market. However, producers will also be looking at spreads and holding cattle back to sell into the [...]

Theoretical Positions: With implied volatility low (roughly 10.5%), the strategy is to continue buying put options. Trend: Up. October feeder cattle are showing no sign of slowing after posting a [...]

Theoretical Positions: It's a tough call in October lean hogs give the trend looks to be down while fundamentals and seasonals are bullish. If holding short hedges, sell cash and [...]

Trend: Theoretically, I could call the secondary (intermediate-term) trend down. However, the October live cattle contract has technically done enough to to complete a 3-wave downtrend (slide 1). However, the [...]

Live Cattle: The August contract jumped to a new all-time high of $174.25 last week before closing at $172.90. A frequent question was if this was a blow-off top? It [...]

Trends (intermediate-term on weekly charts) Live Cattle June: Could still be considered down, but the safer call is sideways until the contract high is taken out or a new 4-week [...]