Weekly Cattle Commentary 7/28/2017 This week’s cash prices finished at 117, 3$ lower than last week’s trades. Dressed sales 185 to 187$. Basis was 4$ over the August Live board. Estimated weekly slaughter was 627K head, 47K larger than the same week last year. Box prices in the PM report where 206.22 choice, and 196.82… Read more.
Weekly Cattle Commentary 7/21/2017 This week’s cash prices ranged finished quite strong with the bulk of them at 120 and 120.50 reported out of Colorado, fully steady with last week’s trades. Dressed sales 186 to 190$. Basis was 3$ over the August Live board. The reports came out post COF, but I cannot confirm if… Read more.
Here is an abbreviated version of the weekly pork report. The full report will be back next week. Below is how the weekly product market changed for the week ending 7/21. *Product Price on Monday 7/17 Price as of Friday 7/21 Change Loin 95.88 92.69 (3.19) Butt 103.44 … Read more.
We will offer an analysis of the June Hog and Pig crop report that came out this past Thursday and what we believe it means to live hog futures going forward. First, let’s look at what happened with the live hog and product market this past week. Here is a summary of Pork Carcass cutout… Read more.
Weekly Cattle Commentary 6/23/2017 The bulk of the week’s cash prices ranged between 122 and 123$, with the end of the week dropping to 120$. Dressed sales 190 to 195$. Basis by Friday was 1$ over the June Live board. Estimated weekly slaughter was 632K head, 24K larger than the same week last year. Box… Read more.
This week we will touch briefly on what happened in the pork product market, the live hog market and how this will likely play out this week.
After this past week we think it has become evident that the price of the live hog futures are having a very difficult time in keeping up with the ever increasing product market as well as with the live hog market.
Hello everyone! Welcome to edition #1 of what we hope will be the first of a long line of the newest newsletter to come from Daniels Trading and Daniels Ag Marketing. It’s called The Swine Times, and it will be dedicated to helping folks speculate and form fundamental opinions in the Lean Hog markets. By… Read more.
I wanted to provide a quick update on the ES position we are holding from 2023.00 and the position add that was filled @ 2045.00. we are currently trading @ 2050.00 and grinding higher to make new highs.
This blog post is highlighting the MDA Snap Shot entry, risk and exit that took place in the E-mini S&P today 12/18/15. Subscribers of the Market Dimension Advisory received these MDA Snap Shots via email in real-time when the trade was developing on my screens. Below you will see a recap of the technical Snap Shot Entry and Exit.