Cattle hit by both supply and demand concerns. October 23, 2023
Fed and feeder futures posted significant declines. Friday's Cattle on Feed report challenges the supportive narrative the trade expected for 2024. The stock market's recent decline, breaking below lows from three weeks prior, suggests concern for beef demand.
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SA maps still look solid for rains in the 10 day
December 1, 2023
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Trade expects strong exports and more 8 AM announcements
November 30, 2023
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Open interest continues to fall drastically
November 29, 2023
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
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Trade Holds On To Hope Of China Purchases
November 27, 2023
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