Chart of the Day – March Feeder Cattle

Jeff FosseGeneral Commentary Leave a Comment

The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, January 13, 2025 March Feeder Cattle March Feeder started off this week by dropping 1.50 to close at 267.90.  Last week my news feed (and still some today) was talking about record-high cattle prices.  There’s no mistake, cash cattle prices ARE historically …

Chart of the Day – Feeder Cattle

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, December 3, 2024 January Feeder Cattle After starting the week off with a drop of 2.625 on Monday, January Feeder Cattle rallied back up by 2.450 to close at 259.30 on Tuesday.  Setting aside Friday’s holiday-shortened session, this is the highest close …

PER-THANKSGIVING Chart Outlook

Alan PalmerCurrencies, Energy, General Commentary, Grains, Livestock

Let’s give Thanks, confidence in System? Change, FRB Yellens’ natives getting restless? Yield curve flattens. 2 year i rate closer to tens before yearend, .60-ish Is this this markets players ready to blow or maybe flip, long bonds like in Summer 2016 at highs?  My diary had a $40.5bil player flip long at those 2.08% all time lows in rates …