Early End to Recent Cattle Run

We wrote here at Equities.com on June 30th that we thought cattle were finding support in, “Cattle Finding a Bottom into Summer.” Over the last six weeks however, commercial traders have come back to the market on the sell side. Based on the commercial traders’ deteriorating evaluation of the fundamental picture along with the clear … Continue reading Early End to Recent Cattle Run

Cattle Finding a Bottom Into Summer

Cattle prices have been on a downward trend since the 2014 highs. August feeder cattle, as we’ll discuss specifically, are trading at $143 per hundred weight(cwt), last year they were at $194 and at $182 the year before that. Over the last ten years there have only been two significant periods under our current prices. … Continue reading Cattle Finding a Bottom Into Summer

COT Report Shows Large Cattle Bid

We frequently discuss the effectiveness of using the commercial trader position as a proxy for fundamental data. We began looking at this years and years ago in the agricultural markets due to the inelastic nature of these annual markets. Adding that these markets are controlled by individuals whose livelihoods are based on the successful calculation … Continue reading COT Report Shows Large Cattle Bid

August Cattle Expiration Rally

The live cattle market spent all of spring and early summer in a tight trading range roughly bound by $155 on the high side and supported near $147 on the low side. The market has finally created some action by falling through the support near $148 over the last two weeks with the current low now … Continue reading August Cattle Expiration Rally

Feeder Cattle Prices to Weaken

The cattle market finally made a meaningful and perhaps lasting, high late last year. The market has pulled back to bottom and base approximately 20% off last year’s highs. March’s rally in the cattle market was easy to forecast based on the dominance of commercial trader buying as the market pulled back in January and … Continue reading Feeder Cattle Prices to Weaken

Hogs and Cattle Bottoming Out

There are three markets in the meat futures sector with enough volume and liquidity to attract both hedging and speculative activity. These are the lean hog futures along with the feeder and live cattle markets. The live cattle market is best thought of as cattle on the farm while feeders are the cattle that have … Continue reading Hogs and Cattle Bottoming Out

Commercial Live Cattle Program

Our Commitment of Traders live cattle trading program continues to excel having won 5 out of its last 7 trades. Furthermore, it looks like the current trade could be another big winner! This is one of 33 completely mechanical programs whose instructions we deliver by email, nightly. Once registered, you have access to all 33 … Continue reading Commercial Live Cattle Program

Trading the 2015 Cattle Market

The live cattle market was up 28% in 2014 and the Feeder cattle market was up 32% for the year. The cattle markets made all-time highs in 2014 as the U.S. had its smallest slaughter in 20 years. This came as no surprise as we’ve discussed the declining trend in the domestic herd several times. … Continue reading Trading the 2015 Cattle Market