Demand concerns, both US beef seasonally and from recession talk, remain. May 31, 2022
In a clearly one-sided trade, live cattle futures confidently pushed to new lows for this general downtrend. Traders are preparing for the lower seasonal US demand period ahead after June. Feeders, with lower corn, managed moderate losses. Beef procurement last week was positive but the general trend is down.
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Allendale Insider
Allendale Insider
On The Go
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Feeders are keeping an eye on corn.
May 26, 2023
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Grains Weigh Weather Risk, Heading Into The Holiday Weekend
May 26, 2023
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Grains begin to accept weather risk.
May 26, 2023
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New lows for new crop soybeans. Friday may be quiet with a three day weekend ahead.
May 25, 2023
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Hogs Struggle To Find Relief
May 25, 2023
On The Go
May 26, 2023
May 26, 2023
May 26, 2023
May 25, 2023
May 25, 2023
Market Movers
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End Of The Week, Holiday Short Covering
May 26, 2023
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Strong Planting Expectations and Poor Exports Expected
May 25, 2023
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Oversea Wheat Prices Worth a Close Watch
May 24, 2023
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Trade Mentality Turns to “Rain Makes Grain”
May 23, 2023
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Funds Show Short Position on Better Weather and Black Sea Extension
May 22, 2023
Market Movers
May 26, 2023
May 25, 2023
May 24, 2023
May 23, 2023
May 22, 2023
Snapshots
Snapshots