live cattle

Live Cattle and Feeder Cattle Numbers to Change

Technical signals clearly show live cattle and feeder cattle futures heavily oversold, but a correction could be a slow process. Even though cattle and feeder cattle futures are the most oversold so far this year now, as we end the week, managed money traders holding long positions have been throwing in the towel here late week, pushing August live cattle …

BLT season

BLT Season to Help Lean Hog Numbers

The bacon, lettuce, and tomato season is going to help an already surging pork trade. Meanwhile, cattle trade battling three-month lows. We’re starting to see more fresh produce stands along the roadsides as we move deeper into July. Lean hog futures at four-week highs now in mid-July, even with ample supplies and heavier weights. BLT season certainly going to help, …