New downtrend lows posted for feeders. September 21, 2022
Fat and feeder futures posted lower trade. Today's interest rate news was a driver. For fats, this comes even with an expectation of steady/higher cash cattle trades this week. Right now, feeder futures are the focus in the cattle complex. The long term Head and Shoulder top formation on the charts has been strongly verified. The November feeder contract pushed to new lows and a new low-close for its downtrend.
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Allendale Insider
Allendale Insider
On The Go
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Traders wait for clarity on Brazilian weather. Corn and wheat post new lows.
November 27, 2023
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New downtrend lows for cattle and hogs.
November 27, 2023
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Livestock end the week with a meltdown. The culprit may be consumer concerns.
November 24, 2023
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Two wheats make new lows. Corn posts its second lowest close.
November 24, 2023
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Cash cattle confirms expectations with lower trade.
November 22, 2023
On The Go
November 27, 2023
November 27, 2023
November 24, 2023
November 24, 2023
November 22, 2023
Market Movers
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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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Strong Exports Expected
November 24, 2023
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Cash Cattle Steady For the Week
November 22, 2023
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Trade Hold On To Hope Of Chinese Purchases
November 21, 2023
Market Movers
November 28, 2023
November 27, 2023
November 24, 2023
November 22, 2023
November 21, 2023
Snapshots
Snapshots