| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 287.9000 +1.77% on 04/01/24 | | 301.0000 -2.66% on 04/22/24 | +5.2500 (+1.82%) since 03/28/24 |
| 3-Month | 272.0000 +7.72% on 01/30/24 | | 301.0000 -2.66% on 04/22/24 | +17.1250 (+6.21%) since 01/29/24 |
| 52-Week | 227.4750 +28.81% on 05/09/23 | | 301.0000 -2.66% on 04/22/24 | +65.5250 (+28.81%) since 04/28/23 |
Lean hogs are mixed on Monday, with contracts anywhere from 67 cents lower to 15 cents higher. USDA’s National Average Base Hog negotiated price was not reported this morning due to light volume, with...
Cattle futures are down a dime to $1.32 on Monday with April up 32 cents ahead of tomorrow’s expiration. Cash trade last week was 182-183 in the South, steady to $1 higher. Northern trade was reported...
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
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| BDK24 | 293.0000 | -2.5000 |
| Butter Cash-Settled May '24 | ||
| BDM24 | 297.5500 | -1.7000 |
| Butter Cash-Settled | ||
| LEM24 | 177.300 | -1.275 |
| Live Cattle | ||
| GFQ24 | 259.725 | -0.825 |
| Feeder Cattle | ||
| HEM24 | 102.450 | -0.025 |
| Lean Hogs | ||
| DLK24 | 18.04 | +0.01 |
| Class III Milk | ||
| DGK24 | 40.5250 | -0.4750 |
| Dry Whey | ||
| BJK24 | 1.8280 | +0.0110 |
| Cheese Cash-Settled | ||
| 3rd Resistance Point | 301.2917 |
| 2nd Resistance Point | 299.6333 |
| 1st Resistance Point | 297.5667 |
| Last Price | 293.0000 |
| 1st Support Level | 293.8417 |
| 2nd Support Level | 292.1833 |
| 3rd Support Level | 290.1167 |
| 52-Week High | 301.0000 |
| Last Price | 293.0000 |
| Fibonacci 61.8% | 272.9135 |
| Fibonacci 50% | 264.2375 |
| Fibonacci 38.2% | 255.5616 |
| 52-Week Low | 227.4750 |
