The latest hog inventory numbers don’t signal growth.
They signal discipline.
At a glance, the industry looks steady — herd size holding, production stable. But underneath,...
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To “Read” Walt’s charts, keep the following in mind:
Support – this term refers to a trend line or price area under the market which...
Margins deteriorated over the first half of March from a combination of lower hog prices and steady to slightly higher feed costs. Despite a...
April Lean Hogs opened higher, rallied to the high at 94.15 and then turned lower, working its way to the low at 93.40 and...
A price channel consists of two parallel trend-lines providing support (bottom) and resistance (top) lines that contain price fluctuations. Channels may be bullish (slanting...
To “Read” Walt’s charts, keep the following in mind:
Support – this term refers to a trend line or price area under the market which...
A price channel consists of two parallel trend-lines providing support (bottom) and resistance (top) lines that contain price fluctuations. Channels may be bullish (slanting...
If you would like to receive more information on the commodity markets, please use the link to join our email list – Sign Up...
Every Sunken Ship has a Chart
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