Cattle market questions whether Nebraska will see the blizzard. April 3, 2023
Though fed cattle futures did put in another new contract high, the day's close was not impressive. June through October posted an Outside Day closing lower. A little snow premium added last week was removed. Nebraska won't see much of this system. Feeders, with an eye on corn, fell clearly. The May could have posted a Double Top formation on the chart.
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Allendale Insider
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On The Go
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Cattle futures expect another gain for cash this week.
June 6, 2023
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Corn and soybeans add premium, but cautiously
June 6, 2023
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Corn and soybeans add premium, but only cautiously.
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Condition Ratings Come In Weaker Than Expected
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Market Movers
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Overnight Trade Puts Beans and Wheat in the Middle of Last Week’s Trade
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Macro Selling Seen, Rain Coverage Increases
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