| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 214.050 +0.46% on 10/22/19 | | 219.750 -2.15% on 09/30/19 | -3.800 (-1.74%) since 09/27/19 |
| 3-Month | 214.000 +0.48% on 09/18/19 | | 239.475 -10.21% on 07/31/19 | -24.225 (-10.13%) since 07/29/19 |
| 52-Week | 214.000 +0.48% on 09/18/19 | | 247.000 -12.95% on 06/26/19 | -20.475 (-8.69%) since 10/29/18 |
$11.00-Beans? $5.00-Corn? $7.00-Wheat? $230-Feeders?
This week’s trade is officially in the books and it left a few markets at some pivotal spots as we head into next week’s trade.
In my opinion, the discovery process continues. Of the most importance coming up will be the amount of inventory available in the large summer video sales, and how quick buyers will be to procure inventory...
Lean hogs are down another $1.12 to $2.45 at midday. USDA’s National Average Base Hog negotiated price was not reported on Friday morning, with a 5 day rolling average at 90.45. The CME Lean Hog Index...
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...
Live cattle had a back and forth trade on Thursday but settled near the highs with $1.60 to $2.67 gains. Cash trade kicked off with a steady/higher note this week, as the South was at $182 in TX and $182-183...
Lean hogs fell $1.17 to $2.45 in the front months on Thursday, with the other contracts down 80 to 97 cents. USDA’s National Average Base Hog negotiated price was down $2.78 on Thursday afternoon, at...
Live cattle had a back and forth trade on Thursday but settled near the highs with $1.60 to $2.67 gains. Cash trade kicked off with a steady/higher note this week, as the South was at $182 in TX and $182-183...
Lean hogs fell $1.17 to $2.45 in the front months on Thursday, with the other contracts down 80 to 97 cents. USDA’s National Average Base Hog negotiated price was down $2.78 on Thursday afternoon, at...
| 3rd Resistance Point | 215.092 |
| 2nd Resistance Point | 215.058 |
| 1st Resistance Point | 215.042 |
| Last Price | 215.025s |
| 1st Support Level | 214.992 |
| 2nd Support Level | 214.958 |
| 3rd Support Level | 214.942 |
| 52-Week High | 247.000 |
| Fibonacci 61.8% | 234.394 |
| Fibonacci 50% | 230.500 |
| Fibonacci 38.2% | 226.606 |
| Last Price | 215.025s |
| 52-Week Low | 214.000 |
