| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 293.2500 +2.98% on 04/12/24 | | 311.4750 -3.04% on 05/03/24 | +2.0000 (+0.67%) since 04/09/24 |
| 3-Month | 281.2000 +7.40% on 03/07/24 | | 311.4750 -3.04% on 05/03/24 | +22.0000 (+7.86%) since 02/09/24 |
| 52-Week | 230.5000 +31.02% on 06/15/23 | | 311.4750 -3.04% on 05/03/24 | +74.0000 (+32.46%) since 05/09/23 |
A definitive move in the feeder cattle futures today is believed to have set the stage for further declines. On the mid day cattle commentary, I noted a close above $255.22, or under $251.75 August,...
Lean hogs are posting midday weakness on Thursday, as contracts are down 52 to 92 cents. USDA’s National Average Base Hog negotiated price was down $3.62 in the Thursday morning report at $88.96. The...
Live cattle are slipping lower at midday, with contracts mostly a tik to 52 cents lower. Cash trade has been slow to develop this week, with the Central Stockyards Fed Cattle Exchange selling 374 of the...
Lean hogs bounced back and forth on Wednesday, with contracts slipping off the midday pop, but still closing mixed. Contracts were anywhere from a dime lower to 50 cents higher. USDA’s National Average...
Live cattle closed the Wednesday session with contracts down 95 cents to $1.57 across the CME. Cash trade has yet to develop this week, with the Central Stockyards Fed Cattle Exchange having no sales on...
Lean hogs bounced back and forth on Wednesday, with contracts slipping off the midday pop, but still closing mixed. Contracts were anywhere from a dime lower to 50 cents higher. USDA’s National Average...
Live cattle closed the Wednesday session with contracts down 95 cents to $1.57 across the CME. Cash trade has yet to develop this week, with the Central Stockyards Fed Cattle Exchange having no sales on...
Nearly half the year is over with and the triangulation of prices continues. This is expected to continue as packers appear reluctant to increase slaughter that would reduce their margins. More companies...
The Grains and Cattle Lower Today. What Will Friday Bring?
The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| BDM24 | 302.2500s | -1.6000 |
| Butter Cash-Settled | ||
| LEM24 | 175.950s | -0.525 |
| Live Cattle | ||
| GFQ24 | 251.050s | -1.350 |
| Feeder Cattle | ||
| HEM24 | 97.725s | -1.000 |
| Lean Hogs | ||
| KMM24 | 104.900s | -0.100 |
| Pork Cutout | ||
| DLM24 | 20.36s | +0.18 |
| Class III Milk | ||
| DGK24 | 40.4500s | +0.0750 |
| Dry Whey | ||
| BJM24 | 2.0450s | +0.0190 |
| Cheese Cash-Settled | ||
| 3rd Resistance Point | 310.4917 |
| 2nd Resistance Point | 307.8333 |
| 1st Resistance Point | 305.8417 |
| Last Price | 302.2500s |
| 1st Support Level | 301.1917 |
| 2nd Support Level | 298.5333 |
| 3rd Support Level | 296.5417 |
| 52-Week High | 311.4750 |
| Last Price | 302.2500s |
| Fibonacci 61.8% | 280.5425 |
| Fibonacci 50% | 270.9875 |
| Fibonacci 38.2% | 261.4324 |
| 52-Week Low | 230.5000 |
