Pure Hedge

Peter McGinnGeneral Commentary

In my opinion, cash is moving the market higher, and we could see a retest of the recent highs in the cattle markets. Feeder cattle cash seems to be gaining steam and futures are looking to follow, based off of my analysis of the charts. In order to take full advantage of price discovery, we must keep an astute eye …

Cattle Commentary

Peter McGinnGeneral Commentary

Cattle markets were mixed today with live cattle being down as low as 92.5 cents today but showed a little recovery as it settled at 155.425, down 0.250 in the February contract. It seems to me that with cash markets trading in the mid to high 150’s in some of the northern plain markets and the Texas/Oklahoma region between $154-$155 …