| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 1.5710 +0.09% on 06/27/23 | | 1.6750 -6.13% on 05/30/23 | -0.0866 (-5.22%) since 05/26/23 |
| 3-Month | 1.5710 +0.09% on 06/27/23 | | 1.9300 -18.53% on 03/29/23 | -0.3326 (-17.46%) since 03/28/23 |
| 52-Week | 1.5710 +0.09% on 06/27/23 | | 2.1260 -26.04% on 09/13/22 | -0.5176 (-24.77%) since 06/28/22 |
Cattle futures are continuing to shrug off the Wednesday overreaction, as contracts were up another 60 cents to $1.52 at midday and held on to settle 72 to 77 cents higher. Cash trade kicked off on Thursday...
Lean hogs hit their high for the week on Tuesday and spent the rest of the week fading the early rally. Futures settled $1.00 to $2.525 lower on Friday. USDA’s National Average Base Hog negotiated...
Educational and Actionable information using Fibonacci and W.D. Gann analysis
Lean Hogs is consistently a negative carry market which is sometimes attractive to sell short and give the investor the opportunity to profit when futures prices “roll down” to spot cash prices. Currently...
Fed FOMC interest rate decision Wednesday
Lean hogs hit their high for the week on Tuesday and spent the rest of the week fading the early rally. Futures settled $1.00 to $2.525 lower on Friday. USDA’s National Average Base Hog negotiated...
Cattle futures are continuing to shrug off the Wednesday overreaction, as contracts are up another 60 cents to $1.52 at midday. Cash trade kicked off on Thursday with a steady/higher note this week, as...
Strong end to week for cattle cash market drives futures higher
$11.00-Beans? $5.00-Corn? $7.00-Wheat? $230-Feeders?
This week’s trade is officially in the books and it left a few markets at some pivotal spots as we head into next week’s trade.
The Barchart Trading Guide is a Sell Signal with a Soft Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| BJM23 | 1.5724s | +0.0014 |
| Cheese Cash-Settled Jun '23 | ||
| BJK24 | 1.8330 | +0.0160 |
| Cheese Cash-Settled | ||
| LEM24 | 177.525 | -1.050 |
| Live Cattle | ||
| GFQ24 | 259.700 | -0.850 |
| Feeder Cattle | ||
| HEM24 | 102.450 | -0.025 |
| Lean Hogs | ||
| DLK24 | 18.06 | +0.03 |
| Class III Milk | ||
| DGK24 | 41.0000s | -1.0750 |
| Dry Whey | ||
| BDM24 | 299.2500s | -1.7500 |
| Butter Cash-Settled | ||
| 3rd Resistance Point | 1.5724 |
| 2nd Resistance Point | 1.5724 |
| 1st Resistance Point | 1.5724 |
| Last Price | 1.5724s |
| 1st Support Level | 1.5724 |
| 2nd Support Level | 1.5724 |
| 3rd Support Level | 1.5724 |
| 52-Week High | 2.1260 |
| Fibonacci 61.8% | 1.9140 |
| Fibonacci 50% | 1.8485 |
| Fibonacci 38.2% | 1.7830 |
| Last Price | 1.5724s |
| 52-Week Low | 1.5710 |
