Hogs Make New Low

Ben DiCostanzoGeneral Commentary

June Lean Hogs gap opened lower, reversed course and rallied to the session high at 100.675. The rally closed the gap with the high just above the previous day’s settlement. The market couldn’t sustain the rally and it fell to a new low for the down move at 99.375. This was all done before 9:30 CT and the market drifted …

Pure Hedge – Livestock and Grain

Bill AllenGeneral Commentary

5/1/24  Apparently, I see things differently than other people. I have been Bearish the Cattle and Soybean Markets for months now, when most people disagreed with me. Having information in front of you is one thing, but interpreting it correctly means everything. I remain Bearish the Soybean and Cattle Markets. The Cattle Markets were hit hard again today, and the …