Hogs have bottomed. January 26, 2023
Hog futures finally woke up! Three days of gains for US cash hogs, and a bullish appearing export sales report, helped April post an Outside Day closing higher. New lows for this downtrend were made in the morning. By the close we were over the prior five days of trading. We are calling a low in this market.
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Post Archives
Allendale Insider
Allendale Insider
On The Go
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Livestock begin to question, when is enough enough?
November 28, 2023
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Corn posts new lows. Argentina could offset Brazil’s light production hit.
November 28, 2023
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Traders wait for clarity on Brazilian weather. Corn and wheat post new lows.
November 27, 2023
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New downtrend lows for cattle and hogs.
November 27, 2023
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Livestock end the week with a meltdown. The culprit may be consumer concerns.
November 24, 2023
On The Go
November 28, 2023
November 28, 2023
November 27, 2023
November 27, 2023
November 24, 2023
Market Movers
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Open interest continues to fall drastically
November 29, 2023
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
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Trade Holds On To Hope Of China Purchases
November 27, 2023
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Strong Exports Expected
November 24, 2023
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Cash Cattle Steady For the Week
November 22, 2023
Market Movers
November 29, 2023
November 28, 2023
November 27, 2023
November 24, 2023
November 22, 2023
Snapshots
Snapshots