| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 1.7210 +2.15% on 12/01/21 | | 1.8000 -2.33% on 12/07/21 | +0.0280 (+1.62%) since 11/30/21 |
| 3-Month | 1.6440 +6.93% on 11/18/21 | | 1.9120 -8.05% on 10/21/21 | -0.0210 (-1.18%) since 09/30/21 |
| 52-Week | 1.6440 +6.93% on 11/18/21 | | 1.9120 -8.05% on 10/21/21 | -0.0050 (-0.28%) since 12/30/20 |
I discussed the recent action in the wheat, soybean, and corn markets on AgWeb's Market's Now with Michelle Rook today. We also talked about the cattle markets and gold.
Lean hogs closed the midweek session with contracts a dime to $1.22 lower, as August was the lone exception, up a nickel. USDA’s National Average Base Hog negotiated price was down 36 cents on Wednesday...
Live cattle ended the day with weakness, as contracts were down $1.20 to $2.12 on Wednesday. This morning’s Fed Cattle Exchange auction saw no sales on the 894 head listed, with bids of $181 and asks...
Lean hogs are mixed on Wednesday, with losses of 30 to 85 cents in the front months and a couple fall contracts 10 to 22 cents higher. USDA’s National Average Base Hog negotiated price was up 29 cents...
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Live cattle were higher early in the Tuesday session but bulls felt queasy by midday. Futures closed down 12 to 90 cents in the nearbys and 32 cents to $1.12 higher out in the 2025 contracts. Cash action...
Lean hogs saw gains of $1.20 to $2.45 on Tuesday. USDA’s National Average Base Hog negotiated price was up $1.54 cents from the Monday afternoon print, at $91.85 on Tuesday afternoon. The CME Lean Hog...
Futures traders were quick to relinquish their buying today. I think that when you delve inside the business, you'll find that importers are no longer chasing the bid for imported inventory.
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| 3rd Resistance Point | 1.7580 |
| 2nd Resistance Point | 1.7580 |
| 1st Resistance Point | 1.7580 |
| Last Price | 1.7580s |
| 1st Support Level | 1.7580 |
| 2nd Support Level | 1.7580 |
| 3rd Support Level | 1.7580 |
| 52-Week High | 1.9120 |
| Fibonacci 61.8% | 1.8096 |
| Fibonacci 50% | 1.7780 |
| Last Price | 1.7580s |
| Fibonacci 38.2% | 1.7464 |
| 52-Week Low | 1.6440 |
