There were no deliveries issued against December live cattle on first notice day. Feeder cattle were down a tick in January on a weaker cash market, with other contracts up 17 t0 67 cents.
There were no deliveries issued against December live cattle on first notice day. Feeder cattle were down a tick in January on a weaker cash market, with other contracts up 17 t0 67 cents.
However, the futures market fails to take out last week’s highs and negate chart reversals scored last Thursday. That day live cattle made new highs for the move on bullish news and then scored ...
Pro Farmer Technical Analyst Jim Wyckoff says cattle bulls still have the overall near-term technical advantage. However, strong followthrough selling on Friday begins to suggest a market top is in ...
I think so.” If prices climb as seasonal demand picks up, producers should be aggressive in selling, according to Close. However, the live cattle market isn’t his biggest concern right now. Instead, ...