| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 79.075 +11.78% on 05/26/23 | | 91.350 -3.24% on 05/16/23 | -1.760 (-1.95%) since 05/15/23 |
| 3-Month | 79.075 +11.78% on 05/26/23 | | 102.775 -14.00% on 03/16/23 | -14.760 (-14.31%) since 03/15/23 |
| 52-Week | 79.075 +11.78% on 05/26/23 | | 113.900 -22.40% on 12/27/22 | -22.085 (-19.99%) since 06/15/22 |
Last week represented the end of the month and end of the 3rd quarter. During this time, US corn and wheat futures endured relentless price pressures that were driven by bearish fundamentals. Since July...
Cattle ended the last trade day of the week with another triple digit pullback. December’s $2.50 loss on Friday left the contract $3.42 lower for the week but still $3.12 higher for the month after new...
October and Dec hogs closed down by their $3.75 limit on Friday after the bearish Hogs & Pigs report, and will see $5.50 trading limits today. The other front months also closed triple digits lower in...
Being that 1401.00 is a 78.6% retracement it can also be the end of the rally for now and the longer term target is 61.8% of the 5/31/23 low and 7/24/23 high at 1247.00. All of this is based on it staying...
USDA Quarterly Grain Stocks report surprise, again
Grain futures prices were under pressure following Friday's Quarterly Stocks report from the USDA.
October and Dec hogs closed down by their $3.75 limit on Friday after the bearish Hogs & Pigs report, and will see $5.50 trading limits on Monday. The other front months also closed triple digits lower...
Cattle ended the last trade day of the week with another triple digit pullback. December’s $2.50 loss on Friday left the contract $3.42 lower for the week but still $3.12 higher for the month after new...
In my opinion, the shifts felt last week have begun to produce negative market price fluctuation. Equities have been pummeled along with multiple commodities. This week's sharply higher interest rate...
Hogs and Pigs Report surprises
The Barchart Trading Guide is a Buy Signal with a Average Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| KMM23 | 88.390s | -0.360 |
| Pork Cutout Jun '23 | ||
| KMV23 | 91.350s | -3.325 |
| Pork Cutout | ||
| LEZ23 | 189.775 | +1.850 |
| Live Cattle | ||
| GFX23 | 257.275 | +2.375 |
| Feeder Cattle | ||
| HEZ23 | 69.775 | -2.000 |
| Lean Hogs | ||
| DLX23 | 17.26 | +0.09 |
| Class III Milk | ||
| BDV23 | 310.0000s | +1.0000 |
| Butter Cash-Settled | ||
| BJX23 | 1.7790 | +0.0020 |
| Cheese Cash-Settled | ||
| 3rd Resistance Point | 88.390 |
| 2nd Resistance Point | 88.390 |
| 1st Resistance Point | 88.390 |
| Last Price | 88.390s |
| 1st Support Level | 88.390 |
| 2nd Support Level | 88.390 |
| 3rd Support Level | 88.390 |
| 52-Week High | 113.900 |
| Fibonacci 61.8% | 100.597 |
| Fibonacci 50% | 96.488 |
| Fibonacci 38.2% | 92.378 |
| Last Price | 88.390s |
| 52-Week Low | 79.075 |
