A source of advanced information and market analysis focused on the development of pricing and risk management strategies for anyone in the business of buying or selling meat, or trading meat-related futures markets
Whether you're operating restaurants or supermarkets; a food distribution service; a processing or manufacturing facility; or an import/export trading company, you’re in a highly competitive business. Meat markets are volatile, and margins are often thin. A few pennies per pound can make enormous differences in your bottom line. In order to make the best possible decisions, it is essential to have the best possible information at your disposal.

Here are the excerpts from this week's "Meat Markets Under a Microscope" report, by Kevin Bost.

February 7, 2018

While the combined Choice/Select cutout value still looks as though it has made a temporary top, I am surprised that it has not retreated materially from that high. After all, the market has a pretty consistent tendency to drop over the two-week period just ended; this time around, though, it showed a rare 2% gain during that span. My initial inclination was to examine past years in which the market did something similar during this time frame and see what happened afterward... so I did, and I came up empty-handed. There is no correlation between the direction of cutout values in the second half of January and the path they follow during February. Oh well.
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Here are the excerpts from this week's "Trading Cattle...from a meat market perspective" report, by Kevin Bost.

February 12, 2018

The cattle market has attempted earnestly to both rally and break within the last three weeks, and has failed to do either. Thus, I am waiting for the market to "show its hand" before I put any money on the table. Te picture at left tells me that I should be looking for a short position in the June contract, or else a bearish approach to the June/August spread.
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Here are the excerpts from this week's "Trading Hogs...from a meat market perspective" report, by Kevin Bost.

February 12, 2018

I sold the April contract in moderate quantity today at $70.50 per cwt. I will risk this position up to a close above $71.70, as $71.67 was the low end of the outside range posted on February 2. Now that the market has closed five times below that range, a close back within it would signal a test of the upper end ($74.12). The area between $70.62 and $70.97, being a former range of massivesupport, should now represent strong resistance. My downside target is somewhere in the neighborhood of $67.00.
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