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Pork Cutout Jun '23 (KMM23)
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Contract Specifications

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Contract
Pork Cutout
Contract Size
40,000 pounds
Tick Size
0.00025 per pound ($10.00 per contract)
Trading Hours
8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST
Exchange
CME
Point Value
$400
Margin/Maintenance
$2,090/1,900
First Notice Date
06/14/23 (20 days)
Expiration Date
06/14/23 (20 days)
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Price Performance

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Period Period Low Period High Performance
1-Month
82.825 +0.54%
on 05/24/23
97.225 -14.35%
on 04/28/23
-10.025 (-10.74%)
since 04/24/23
3-Month
82.825 +0.54%
on 05/24/23
107.550 -22.57%
on 03/13/23
-23.425 (-21.95%)
since 02/24/23
52-Week
82.825 +0.54%
on 05/24/23
113.900 -26.89%
on 12/27/22
-25.275 (-23.28%)
since 05/24/22

More Pork Cutout Quotes

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Most Recent Stories

More News
Live Cattle Recover Early Morning Losses

Live cattle struggled to find their footing to start today's trade, but managed to stage a strong recovery to finish within a stone's throw of a closing contract high.

Mixed Close for Hog Futures

Lean hogs were mixed with gains for the deferred contracts and 2 to 87 cent losses in the summer months. July futures were still at a net $9.97 premium to Dec at the close. USDA’s National Average Base...

Midweek Rally for Cattle Futures

Live cattle ended the session ~40 cents off their highs on $0.60 to $1.82 gains. The June contract flipped back to net positive for the week’s net move after fading Monday and Tuesday, and saw a new...

LEM23 : 166.100s (+1.11%)
LEQ23 : 164.125s (+0.95%)
LEV23 : 168.375s (+0.72%)
GFK23 : 208.975s (+0.57%)
GFQ23 : 234.525s (+0.45%)
Grains - Closing Prices and Market Recap (corn, soybeans, and wheat)

It was a bit of a mixed bag in today's grain trade, with corn higher, beans little changed, and wheat under pressure.

Shootin' the Bull about beef movement over the holiday

A soft start ended on a firm note this afternoon.  Packers bid higher to acquire cattle.  The upcoming three day weekend will be interesting to see what movement of beef is. June was able to make a...

Hogs Mixed at Midday

The back month futures are trading 30 to 60 cents higher at midday, as the summer month contracts are fading with 12 to 77 cent losses. The July contract is still at a $10.10 premium to December contracts....

HEM23 : 79.800s (-1.08%)
HEQ23 : 80.400s (-0.03%)
KMM23 : 83.275s (-1.51%)
Cattle Flipping Net Higher for the Week

After fading Monday and Tuesday, the midweek cattle futures market is back up by triple digits and into the black for the week’s net move. The Wednesday FCE auction had 828 head listed and sold 396 TX...

LEM23 : 166.100s (+1.11%)
LEQ23 : 164.125s (+0.95%)
LEV23 : 168.375s (+0.72%)
LEY00 : 170.000s (unch)
GFK23 : 208.975s (+0.57%)
GFQ23 : 234.525s (+0.45%)
Will Profit Taking in Cattle Continue?

The lack of new news following last week's Cattle on Feed report has prompted some long liquidation in live cattle in the first two days of the week. Will today mark a third day of profit taking?

Mostly Lower Hog Futures on Tuesday

Lean hogs staged an afternoon recovery that left June nearly $1 off the low and turned August and October contracts higher for the day. The deferred contracts stayed 12 to 30 cents weaker by the Tuesday...

HEM23 : 79.800s (-1.08%)
HEQ23 : 80.400s (-0.03%)
KMM23 : 83.275s (-1.51%)
Cattle Faded on Tuesday

Live cattle futures were down 32 cents to $1.02 on the Tuesday session. August was the weak link and is now at a $1.70 discount to June and a $4.60 discount to the October contract. Tuesday’s FCE auction...

LEM23 : 166.100s (+1.11%)
LEQ23 : 164.125s (+0.95%)
LEV23 : 168.375s (+0.72%)
GFK23 : 208.975s (+0.57%)
GFQ23 : 234.525s (+0.45%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 87.333
2nd Resistance Point 86.342
1st Resistance Point 84.808
Last Price 83.275s
1st Support Level 82.283
2nd Support Level 81.292
3rd Support Level 79.758

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52-Week High 113.900
Fibonacci 61.8% 102.029
Fibonacci 50% 98.363
Fibonacci 38.2% 94.696
Last Price 83.275s
52-Week Low 82.825

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