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Live Cattle, Lean Hogs, & Feeder Cattle Trading Analysis | Oliver Sloup | Blue Line Futures | RFDTV

Posted: May 16, 2022, 3:29 p.m.


A sharp move lower on the open for Feeder Cattle correlated to the dip in the Corn market. They moooved back to almost unch by mid-day, indicating traders may be looking for the Corn market to stall out a little bit.

Live Cattle has also found some traction today, as frustration has been present lately with Cash stabilizing, while Futures have steadily sold off.

Lean Hogs performed well today, but there is still a lot of technical damage to repair. What can happen if we get above $105 for the June contract?



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Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.



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