Livestock Angles
- Livestock Angles
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Livestock Angles: Cattle market two-sided
June did not start particularly well for the cattle and hog markets. Both have had a more or less defensive start, with the futures market leading the lower charge.
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Livestock Angles: May have seen seasonal highs
The past couple of weeks proved to be interesting in the livestock markets. The old adage of what goes up must come down certainly was at work during that time period. As the summer months approach, it would definitely feel as if the livestock markets have put in some sort of seasonal high in May.
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Livestock Angles: Markets retreat on global fears
Both cattle and hogs were in a strong uptrend
when suddenly changes in the world economic picture turned more
clouded, the livestock prices retreated amongst fears that world
demand would weaken for beef and pork. -
Livestock Angles: Tighter numbers for cattle, hogs
So far April has been a good month for livestock prices because of tighter numbers of both cattle and hogs. According to the U.S. Department of Agriculture, based on recently released data, cattle and hog numbers are not expected to increase for the next several months.
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Livestock Angles: April starts with positive push
Tightening supplies in both cattle and hogs has brought on speculation that livestock prices will continue to move higher through the remainder of the year.
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Livestock Angles: A tale of two half-months
The second half of March was quite different than the first half in the livestock markets. The first half saw increasing prices for both cattle and hogs, only to be on the decrease in the last half of the month.
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Livestock Angles: Cattle roar, hogs baa
March has come in like a lion for the cattle market and more like a lamb for the hog market.
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Livestock Angles: Weather driving meat markets
The frequent snow storms throughout the country have disrupted both the marketing of live inventories and the retail sales of beef and pork product.
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Livestock Angles: Cattle, hogs under pressure
The past couple of weeks in the livestock markets have seen prices for both cattle and hogs come under pressure, both futures and cash. This despite some inclement weather throughout the entire Midwest which usually is short-term friendly to markets.
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Livestock Angles: Cattle and hogs have been rallying
Both hogs and cattle have seen a resurgence of bullish sentiment as well as good technical buying in the future market. Are we seeing a trend start here or are we nearing the end of a post-holiday rally. With the economy still struggling it will likely cause the livestock markets to struggle also.
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