Live Cattle The June Live Cattle contract made another new low (100.775) for the down move on Monday, April 2, 2018. It one again made an early attempt to rally that failed. It traded to 103.825, just below the low end of the 104.20 – 104.85 resistance zone. Once again the rally failed; and it broke down and traded to …
Rocky Road: Us 30 yr Bond Futures
30 Year Bond Futures According to one source, the flavor of the popular ice cream was created in March 1929 by Joseph Edy’s business partner William Dreyer in Oakland, Ca . After the market crash of 1929 Dreyer and Edy gave the flavor its current name “to give folks something to smile about in the …
Grain Spreads
Wheat/Corn Tomorrow at 11 am the USDA will release its prospective plantings and quarterly stocks estimate for it annual end of quarter report. Pre-report planting average trade guesses come in as follows for wheat. All wheat acres at 46.5 million vs 46 last year. Winter wheat 32.5, durum 2.3, spring wheat 11.5. Average est. for all wheat stocks as of …
Livestock Report
Live Cattle The June Live Cattle contract down move stalled on Tuesday, March 27, 2018. It opened (105.325) above the 104.85 – 104.20 support zone, traded to the low of the day at 104.90 and then rallied above resistance (106.025) to the high of the day at 106.675. The high was reached in the last 10 minutes before settlement. The …
The Good the Bad and the Ugly: April Live cattle
April Live Cattle The 1966 spaghetti western spun a tail of a bounty hunting scam which joins two men in an uneasy alliance against a third in a race to find a fortune in gold buried in a remote cemetery. When it comes to the April Live Cattle I’d have to express a a similar unease concerning the …
Livestock Report
Live Cattle The June Live Cattle contract made yet another new low for the down move, trading to a low of 104.70 on Monday, March 26, 2018. The breakdown in the market took place after an early rally took Live Cattle up to the high at 107.30, which is the half way point of Friday’s range. The rally exhausted itself …
Rio Bravo : April Live cattle
April Live Cattle A small-town sheriff in the American West enlists the help of a cripple, a drunk, and a young gunfighter in his efforts to hold in jail the brother of the local bad guy is the theme of an 1959 John Wayne movie named Rio Bravo. In the April live Cattle the villain has also come …
Grain Spreads
Soy Complex Beans continue to get downgraded in Argentina as needed expected rains continue in central and southern region growing areas. Argentina’s largest grain exchange lowered bean production to 39 million metric tons from 42 million last month, with the USDA at 47 earlier in March. Friday’s reversal in soy meal from 360.0 Friday morning to an overnight Monday high …
Livestock Report
Live Cattle The June Live Cattle contract made another new low for the down move, trading to a low of 106.00 on Friday, March 23, 2018. It is right at the 106.025 support level and could be the key to trade on Monday. A break down below support and price could test the 104.85 – 104.20 support area. Support then …
Texas Hold Em: April Live Cattle Futures
April Live Cattle The cows took in on the chin this week. Monday’s opening set the high and subsequently took out the priors week low falling beneath the the daily cloud support. The market continued its lack luster performance for the remaining four sessions. The next support zone checks in between 115.200 and 114.500. This area marks the …