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Pork Cutout Jun '22 (KMM22)

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News & Headlines for [[ item.sessionDateDisplayLong ]]
Shootin' the Bull about a higher price for more cattle

Today's on feed number is interesting with 11.82 million head on feed, approximately 1 % more when March of '23 had 11.64. Today's price of April futures is $181.47 and last year, with fewer cattle on...

Cattle on Feed

Cattle on Feed - 2024-04-19

FCK24 : 252.625s (-0.45%)
GFQ24 : 253.500s (-0.31%)
LCM24 : 181.600s (-0.71%)
LEM24 : 175.675s (+0.17%)
Hogs Rallying on Friday

Lean hogs are posting a midday rally, with contracts up $1.30 to $2.02. USDA’s National Average Base Hog negotiated price was down $1.80 in the Friday morning report at $88.69. The CME Lean Hog Index...

HEK24 : 96.225s (+1.58%)
HEM24 : 104.825s (+2.07%)
HEN24 : 106.475s (+2.04%)
Cattle Squaring Up Ahead of CoF Data

Live cattle traders are squaring their positions ahead of this afternoons Cattle on Feed report with contracts anywhere form 25 cents higher to 55 cents lower. Cash action has been quiet so far this week,...

LEJ24 : 181.475s (+0.17%)
LEM24 : 175.675s (+0.17%)
LEQ24 : 173.550s (+0.01%)
GFJ24 : 241.325s (-0.11%)
GFK24 : 242.000s (-0.23%)
GFQ24 : 253.500s (-0.31%)
Hogs Ready to Round Out the Week

Lean hogs posted mostly weaker action on Thursday, as contracts were down anywhere from a tick to 42 cents with the exception to July, up a nickel. USDA’s National Average Base Hog negotiated price was...

HEK24 : 96.225s (+1.58%)
HEM24 : 104.825s (+2.07%)
HEN24 : 106.475s (+2.04%)
Cattle Traders Getting Prepped for CoF Data

Live cattle posted some strength on Thursday, with contracts up anywhere from a nickel to $1.05. Cash action has been quiet so far this week. There have still been no deliveries against April futures....

Grains Overview 4/18/24

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZSK24 : 1150-4s (+1.43%)
ZSN24 : 1165-6s (+1.46%)
ZCN24 : 443-0s (+1.55%)
ZCK24 : 433-4s (+1.58%)
ZWK24 : 550-2s (+2.52%)
ZWN24 : 566-6s (+2.49%)
Cattle Head Higher into the Close

Live cattle posted some strength on Thursday, with contracts up anywhere from a nickel to $1.05. Cash action has been quiet so far this week. There have still been no deliveries against April futures....

LEJ24 : 181.475s (+0.17%)
LEM24 : 175.675s (+0.17%)
LEQ24 : 173.550s (+0.01%)
GFJ24 : 241.325s (-0.11%)
GFK24 : 242.000s (-0.23%)
GFQ24 : 253.500s (-0.31%)
Hogs Leak Lower on Thursday

Lean hogs posted mostly weaker action on Thursday, as contracts were down anywhere from a tick to 42 cents with the exception to July, up a nickel. USDA’s National Average Base Hog negotiated price was...

HEK24 : 96.225s (+1.58%)
HEM24 : 104.825s (+2.07%)
HEN24 : 106.475s (+2.04%)
Shootin' the Bull about changes taking place

Changes are taking place and you have to take note of them.  The most important to me is the building of carry in the diesel fuel market.  Diesel is the energy source of commerce.  Manufacturing and...

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Barchart Meats News

Hogs Rallying on Friday
Lean hogs are posting a midday rally, with contracts up $1.30 to $2.02. USDA’s National Average Base Hog negotiated price was down $1.80 in the Friday morning report at $88.69. The CME Lean Hog Index was another dime higher at $91.46 on April 17. China’s ministry of ag reported the... Read more
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