Neutral To Slightly Bearish Report Day For Cattle July 22, 2022
Including a wildly strong trade on Friday, October live cattle ended the week +3.45 while feeders posted +4.55. Traders bought into the expectation for wildly low supply numbers on this afternoon's three separate reports. After the close, those three reports would leave bulls disappointed. Expect live cattle to open $1 lower on Monday. The bull market is here for the long term move, today's numbers reigned in how quickly it is happening.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
-
Cattle and hogs diverge this week.
June 9, 2023
-
Trade Worries About Weather, Soybeans End On A High Note
June 9, 2023
-
Minor changes from USDA. Weather is the main driver ahead.
June 9, 2023
-
Cattle market debates a potential peak.
June 8, 2023
-
Worst early-summer setup in modern history, but…
June 8, 2023
On The Go
June 9, 2023
June 9, 2023
June 9, 2023
June 8, 2023
June 8, 2023
Market Movers
Market Movers
Snapshots
Snapshots