I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update!
Live and Feeder Cattel both posted higher closes on Monday, Feeders seemed to lead the way higher. Support seems to have held, for the moment, and I would expect the uptrend in prices to continue. Lean Hogs were lower on Monday, perhaps a downside target near 105.000 might find support, which would be about 2.50 lower still.. Grains had a fairly muted reaction to the Stocks and Acreage reports yesterday. There wasn’t anything for the bulls to grab onto, so weather remains the focus. Crop condition ratings improved for Corn, stayed the same for Soybeans. New contract lows in Dec Corn overnight. Is $4.00 is next big, fat, round number support?