Feeder Cattle
Theoretical Positions Producers have likely been aggressive sellers in both cash and futures since mid-October These positions can continue to be held despite futures indicating a move to a secondary [...]
Theoretical Positions Producers have likely been aggressive sellers in both cash and futures since mid-October These positions can continue to be held despite futures indicating a move to a secondary [...]
Theoretical Positions Producers have likely been aggressive sellers in both cash and futures since late September Investors could still be short February 2026 lean hogs based on the weekly in-house [...]
The Bottom Line (On Top): The structure of the corn market is bullish. Trends are up, cash and futures, in line with seasonal tendencies. Indicating noncommercial buying interest (futures) And [...]
The Bottom Line (On Top): The structure of the corn market is bullish. Trends are up, cash and futures, in line with seasonal tendencies. Indicating noncommercial buying interest (futures) And [...]
Theoretical Positions Cash Producers: Unhedged bushels can be sold at harvest. Short November futures hedges could’ve been rolled to January covering 70% or more calculated full commercial carry. Basis tends [...]
Theoretical Positions Cash End-users: Cash needs through the 2026 summer quarter (June-July-August) should be covered, based on the bullish seasonal tendency of the National Corn Index (national average cash price) [...]
Theoretical Positions: Cash cattle can continue to be sold when ready. Keep in mind the market remains fundamentally bullish (see below). Trend: Down February 2026 consolidated within the previous week's [...]
Theoretical Positions Producers have likely been aggressive sellers in both cash and futures since mid-October These positions can continue to be held despite futures indicating a move to a secondary [...]
Theoretical Positions Producers have likely been aggressive sellers in both cash and futures since late September These positions can continue to be held despite futures indicating a move to a [...]
Theoretical Positions: Investment Traders: Dec25 (or March26) could’ve been bought near the recent weekly close of $4.9150 ($5.11) With stops below the previous 4-week lows of $4.7725 ($4.9875) Trend: Up [...]
Theoretical Positions: 2025 Harvest: Newly harvested bushels could’ve been sold across the scales given the Cash Index seasonal downtrend. Investment Traders: Dec25 (or March26) could’ve been bought near the recent [...]
Theoretical Positions: Cash sales have likely been made during harvest. If new longs are established near recent weekly closes (Dec at $5.53, March at $5.73) then sell stops would be [...]
Theoretical Positions Traders Bought January the week of October 20 as the contract took out its previous 4-week high of $10.4650. Jan26 closed last Friday at $11.2450, up 7.5 cents [...]
Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges could’ve been rolled to January covering 70% or more calculated full commercial carry. Basis tends to firm [...]
Theoretical Positions Investors (see Monthly Analysis) Dec25 $4.20 calls bought for 20.0 cents were sold for 11.25 cents early Monday (November 10) morning Based on the move to a minor [...]
Theoretical Positions: End-users: Cash needs through the 2026 summer quarter (June-July-August) should be covered, based on the bullish seasonal tendency of the National Corn Index (national average cash price) through [...]
Theoretical Positions: Cash cattle can continue to be sold when ready. Keep in mind the market remains fundamentally bullish (see below). Trend: Down Dec25 extended its secondary (intermediate-term) downtrend to [...]
Theoretical Positions: Cash sales can be made when cattle are ready. Trend: Down January futures extended its secondary (intermediate-term) downtrend to a low of $311.40 last week Before closing Friday [...]
Theoretical Positions: Producers can be more aggressive in selling cash hogs based on the move by futures to secondary downtrends (see below). Investment traders are likely short the market. Trend: [...]
Theoretical Positions: Investment Traders: Dec25 (or March26) could’ve been bought near the recent weekly close of $4.9150 ($5.11) With stops below the previous 4-week lows of $4.7725 ($4.9875) Trend: Up [...]
Theoretical Positions: 2025 Harvest: Newly harvested bushels could’ve been sold across the scales given the Cash Index seasonal downtrend. Investment Traders: Dec25 (or March26) could’ve been bought near the recent [...]
Theoretical Positions: Cash sales have likely been made during harvest. If new longs are established near recent weekly closes (Dec at $5.53, March at $5.73) then sell stops would be [...]
Theoretical Positions: Traders Bought January the week of October 20 as the contract took out its previous 4-week high of $10.4650. Jan26 closed last Friday at $11.17, up 1.75 cents [...]
Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges could’ve been rolled to January covering 70% or more calculated full commercial carry. Basis tends to firm [...]
Theoretical Positions: Initial sales of new-crop might’ve been made near the weekly close of $641.50 based on the completion of a bearish 2-week reversal. Additional sales could’ve been made near [...]