"Charting is a little like surfing. You don't have to know a lot about the physics of tides, resonance, and fluid dynamics in order to catch a good wave. You just have to be able to sense when it's...
Margins deteriorated over the last half of December as hog prices continued moving lower while the feed markets rallied, with particular strength in soybean meal. USDA released the much-anticipated December Quarterly Hogs and Pigs report, which indicated larger supplies
than...
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For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
If you would like to receive more information on the commodity markets, please use the link to join our email list – Sign Up Now
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
Report Overview:
The USDA National Agricultural Statistics Service (NASS) released the December 2024 Quarterly Hogs and Pigs report, highlighting key trends and data points in the U.S. hog industry. The report provides insights into inventory, breeding and market hogs, pig...
A trend should be assumed to continue in effect until such time as its reversal has been signaled...
-Charles Dow
Walt Breitinger, Commodity Futures Broker
“Pinion Futures, LLC d/b/a Breitinger & Sons”
800.411.FUTURES (3888)
www.indianafutures.com
Market Overview
The week ending December 27, 2024, showed strength in the Ontario and U.S. hog markets despite seasonal fluctuations. Ontario's base formula price closed at $221.16/cwt, a steady climb compared to the previous weeks, and significantly higher than the...
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February Lean Hogs opened higher and broke down to the session low at 83.675....
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For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
Margins were flat to slightly weaker over the first half of December as hog prices declined from fresh contract highs in late November while projected feed costs were steady to a bit firmer. The cash hog market has seasonally...