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.

May 13, 2018

It is widely believed that the beef market has achieved its seasonal top, and I have to go along with that notion. The combined Choice/Select cutout value changed little from Tuesday through Friday, pointing to either a pause in the uptrend or an ultimate peak. Assuming that the market is facing wave after wave of weekly steer and heifer kills in excess of 530,000; and given that Choice boneless ribeyes are practically matching their fall 2017 highs, and that Choice 0x1 strips are within 25c per pound of last spring's peak; and given that most chuck and round cuts are bumping up against major resistance levels; it seems likely that the next significant move in cutout values - especially of the Choice "flavor" - will be downward. [I should point out, though, that Select-grade strips and short loins are still roughly 75c per pound below their Memorial Day-through 4th of July 2017 peaks; thus, there is some significant upside potential remaining in these markets.] I try to summarize the situation in the chuck and round cuts below:
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Here are the excerpts from this week's "Trading Cattle...from a meat market perspective" report, by Kevin Bost.

May 9, 2018

I remain uncommitted in the cattle market, fighting the Fear of Being Left Behind. I have become a bit more aggressive in my approach to the long side of the August contract - raising my buy orders just above $103.00 per cwt - but I still see no cause for urgency.
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Here are the excerpts from this week's "Trading Hogs...from a meat market perspective" report, by Kevin Bost.

May 10, 2018

I exited my long June / short October spread yesterday, and I have no other bets on the table a this time. It's looking more and more likely, though, that my next move will be an outright short position in the August contract and/or a short position in the June $80 calls.
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