Live cattle went to the eight hour fib and has started to create a bounce. With corn, soy beans, and we even wheat up 2 to 4% today. Live cattle is going to potentially make up that gap in the next few days.
Bearish price targets are also sell targets for bulls. Bullish price targets are sell targets for bears. Basically, price targets are relative to your trade. If confused, please ask. Why are we talking about bears with WOLF? #1 answer Sharp Downtrends And support trends trading in a bearish direction. #2 answer Gaps to the topside. #3 answer RSI still...
Just setting this up as a reminding to build my position. Start DCA at prices below 0.15 DCA harder anything below 0.10 Deploy all capital for anything below 0.075 Bold strategy cotton, lets see if it pays off for him.
Cattle Summary Daily Cutout Values Choice: 258.34, Down 1.45 from the previous day. Select: 237.74, Down 1.94 from the previous day. Choice/Select Spread: 20.60 5 Area Average Cattle Price Live Steer: 144.85 Live Heifer:145.00 Dressed Steer: 229.85 Dressed Heifer: 229.80 Daily Slaughter Estimated at 125,000 head, 1,000 more than last week and 6,000more than the...
Cattle Summary Daily Cutout Values Choice: 259.79, Down 3.25 from the previous day. Select: 239.68, Down 3.07 from the previous day. Choice/Select Spread: 20.11 5 Area Average Cattle Price Live Steer: 144.00 Live Heifer: N/A Dressed Steer: N/A Dressed Heifer: N/A Daily Slaughter Estimated at 126,000. Unchanged from last week and 6,000 more than the same week...
Cattle Summary Daily Cutout Values Choice: 264.46, Up 1.09 from the previous day. Select: 239.72, Up .13 from the previous day. Choice/Select Spread: 24.74 5 Area Average Cattle Price Live Steer: 144.39 Live Heifer: 143.70 Dressed Steer: 229.93 Dressed Heifer: 229.86 Daily Slaughter Estimated at 124,000. 5,000 more than last week and 6,000 more than the same...
Cattle Daily Cutout Values Choice: 263.23, Down 1.50 from the previous day. Select: 237.08 Down .62 from the previous day. Choice/Select Spread: 26.15 5 Area Average Cattle Price Live Steer: 146.00 Live Heifer: 139.15 Dressed Steer: 231.87 Dressed Heifer: N/A Daily Slaughter is estimated at 126,000. 2,000 more than last week and 8,000 more than the same week...
Tuesday's Slaughter is estimated at 124,000. 1,000 less than last week, but 1,000 more than the same week last year. Tuesday's Cutout Values Choice: 268.46, Down 2.14 from the previous day. Select: 241.55, Down 1.35 from the previous day. Choice/Select Spread: 26.91 5 Area Average Cattle Price Live Steer: N/A Live Heifer: N/A Dressed Steer: N/A Dressed Heifer:...
Friday’s Slaughter is estimated at 124,000. 5,000 more than last week and 11,000 more than the same week last year. Friday’s Cutout Values Choice: 269.24, Up 1.47 from the previous day. Select: 242.25, Up 1.44from the previous day. Choice/Select Spread: 26.99 5 Area Average Cattle Price Live Steer: 139.07 Live Heifer: 137.73 Dressed Steer: 225.42 Dressed Heifer:...
Tuesday’s Slaughter is estimated at 125,000. Unchanged from last week, but 6,000 more than the same week last year. Tuesday’s Cutout Values Choice: 269.11, Up 1.00 from the previous day. Select: 243.88, Down 1.12 from the previous day. Choice/Select Spread: 25.23 5 Area Average Cattle Price Live Steer: 141.00 Live Heifer: N/A Dressed Steer: N/A Dressed Heifer:...
Friday's Slaughter is estimated at 119,000. 1,000 less than last week, but 7,000 more than the same week last year. Friday's Cutout Values Choice: 267.12, Down .64 from the previous day. Select: 242.50, Up 1.97 from the previous day. Choice/Select Spread: 24.62 5 Area Average Cattle Price Live Steer: 140.65 Live Heifer: 138.50 Dressed Steer: 227.51 Dressed...
Wednesday’s Slaughter is estimated at 124,000. 2,000 less than last week, but 6,000 more than the same week last year. Wednesday’s Cutout Values Choice: 270.53, Down 2.04 from the previous day. Select: 242.25, Down 1.48 from the previous day. Choice/Select Spread: 28.28 5 Area Average Cattle Price Live Steer:136.59 Live Heifer: 136.56 Dressed Steer:...
Monday’s Slaughter is estimated at 125,000. Unchanged from last week, but 9,000 more than the same week last year. Monday’s Cutout Values Choice: 270.55, Up 1.64 from the previous day. Select: 242.66, Up .87 from the previous day. Choice/Select Spread: 27.89 5 Area Average Cattle Price Live Steer:142.12 Live Heifer: 139.98 Dressed Steer: 229.48 Dressed Heifer:...
Live cattle futures are on the verge of a technical breakout, something that we've been rooting for for some time now. The cash market remains firm, and the charts are getting more constructive. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical...
Friday’s Slaughter is estimated at 125,000. 4,000 more than last week, and 4,000 more than the same week last year. Friday’s Cutout Values Choice: 267.89, Down .18 from the previous day. Select: 241.85, Down .73 from the previous day. Choice/Select Spread: 26.04 5 Area Average Cattle Price Live Steer:144.37 Live Heifer: 141.69 Dressed Steer: 232.30 Dressed...
Lean Hogs Technicals (August): It was a risk-off day in nearly every commodity yesterday, with the exception of lean hogs. Lean hog futures were able to rally up near the 50-day moving average which we’ve listed as first resistance. That finished yesterday’s session at 106.90. Just above that is trendline resistance from the March 31st high, that comes in near...
Feeder Cattle Technicals (August): Feeder cattle made an attempt to breakout yesterday but fell flat, despite the bloodbath in the grain complex. As mentioned in recent reports, the inability to take out recent highs with the collapse in grains should be a caution flag for the Bulls. That’s not to say we can’t rally from here, but the recent price action has been...
Tuesday’s Slaughter is estimated at 126,000. Unchanged from last week, and 6,000 more than the same week last year. Tuesday’s Cutout Values Choice: 264.66, Up .84 from the previous day. Select: 239.87 Down .60 from the previous day. Choice/Select Spread: 24.79 5 Area Average Cattle Price Live Steer: N/A Live Heifer: N/A Dressed Steer: N/A Dressed Heifer:...