• Oliver Sloup

Livestock Roundup

*Cold storage report will be out after today's close.

*Quarterly Hogs and Pigs report out tomorrow

Live Cattle (February)

February live cattle opened lower, rallied to take out Friday’s highs, then retreated in the final minutes of trade yesterday. We would not be surprised to see this choppiness continue as is common during a holiday week, especially when volume starts to thin out in the coming days. Technical resistance was tested and held yesterday, which remains intact and comes in from........Click this link to read the FULL report and receive our daily commentary

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Feeder Cattle (January)

January feeder cattle tested technical resistance yesterday, we have had that defined as 140.925-141.50. A failure against this resistance pocket could start to form a bearish head and shoulders pattern. Our pivot pocket comes in at 139.50, but our more significant support comes in from........Click this link to read the FULL report and receive our daily commentary

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Lean Hogs (February)

Nothing has changed from yesterday’s report. Outside of a blip, the market has been stuck in a range from 65-66.50 (give or take) for the last 10 out of 12 sessions. Technical support and resistance levels remain intact. Our pivot pocket comes in from 66.375-66.50. The Bulls want to chew through this pocket to encourage a retest of........Click this link to read the FULL report and receive our daily commentary

Bias:

Previous Session Bias:

Resistance:

Pivot:

Support:


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