| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 1.7820 +14.59% on 04/25/24 | | 2.1820 -6.42% on 05/14/24 | +0.2300 (+12.69%) since 04/19/24 |
| 3-Month | 1.6410 +24.44% on 04/03/24 | | 2.1820 -6.42% on 05/14/24 | +0.2700 (+15.24%) since 02/21/24 |
| 52-Week | 1.6410 +24.44% on 04/03/24 | | 2.1820 -6.42% on 05/14/24 | +0.1410 (+7.42%) since 05/19/23 |
Traders stopped June at the top of the down trend line, via the close only chart. The bar chart only has a few more cents from today's high to put the price at the top trend line. With cash quite a...
Live cattle are trading with 52 cent to $1.80 gains across most contracts on Tuesday. Cash trade this week has been relatively quite so far. USDA reported cash sales of $186 in the South, up to $190 in...
Lean hogs are trading with contracts down 35 to 90 cents at midday. USDA’s National Average Base Hog negotiated price was reported at $88.49 this morning, up $2.03 from the Monday afternoon report. The...
Live cattle posted mixed action with contracts 50 cents lower to 42 cents higher. June futures were held up with a 42 cent gain, as futures are still $4-8 discount to cash. USDA reported cash sales of...
Lean hogs saw mixed action to close out the Monday session with contracts 15 to 60 cents higher and the summer contracts down a dime to 27 cents. USDA’s National Average Base Hog negotiated price down...
You only have to look at the chart below to see how well the market adheres to the Fibonacci retracements.
Live cattle posted mixed action with contracts 50 cents lower to 42 cents higher. June futures were held up with a 42 cent gain, as futures are still $4-8 discount to cash. USDA reported cash sales of...
Lean hogs saw mixed action to close out the Monday session with contracts 15 to 60 cents higher and the summer contracts down a dime to 27 cents. USDA’s National Average Base Hog negotiated price down...
Rationing was stepped up last week as packers cut the slaughter pace again, sending boxes to over $314.00 as of mid-day today. Rationing will continue until more cattle are made available to produce...
The Barchart Trading Guide is a Buy Signal with a Maximum Signal Strength.
| 3rd Resistance Point | 2.2500 |
| 2nd Resistance Point | 2.2130 |
| 1st Resistance Point | 2.1650 |
| Last Price | 2.0420s |
| 1st Support Level | 2.0800 |
| 2nd Support Level | 2.0430 |
| 3rd Support Level | 1.9950 |
| 52-Week High | 2.1820 |
| Last Price | 2.0420s |
| Fibonacci 61.8% | 1.9753 |
| Fibonacci 50% | 1.9115 |
| Fibonacci 38.2% | 1.8477 |
| 52-Week Low | 1.6410 |
