After Liquidation, Less Supply Boosts Cattle Futures

The State of Missouri is reported to have the country’s worst quality pasture for livestock with almost 100% in “poor or worst” condition, according to the USDA.  This has been a hard year for cattle ranchers as the year began with the nation’s smallest cattle herd since 1952 – and now drought has reeked havoc on the cattle pastures and high corn/feed prices have pushed the situation even further to the breaking point.

To avoid the higher feed costs, ranchers have been bringing their cattle to slaughter 100 pounds lighter to push their product through the food delivery faster.  Now the question becomes when will their be enough supply to meet demand as we watch cattle futures head back higher.

Cattle futures are rolling back over to an up-trend.  I am looking for low-risk opportunities to enter long into cattle futures at this time.

Share

Comments are closed.

Free Report
Receive Actual Trading Statements, & a Special Insider Report: 5 Key Trading Foundation Points

Futures Trading Report
 

Please note that it
takes a minimum
of $10,000 to effectively
trade these portfolios!
 
*First Name:
*Last Name:
*E-mail:
*Day Phone with
Area Code:

Categories

Follow Us on Twitter