It’s Friday and CME cattle futures are ignoring bad news as they make new highs for the week, with spot Oct LC in the lead, trading more than a 150 points higher than its low made Monday. All cattle contracts are also higher than last Friday’s close and technical indicators are turning up. Oct LC is trading par to last week’s 5-Area average as the basis change continues. Perhaps this market is ready to look past the immediate well-known negative fundamentals and instead focus on the shortages to come in the not-to-distant future? Read more at The Beef…
Recent Posts
Crime Watch: Bull missing in Goliad County
Texas & Southwestern Cattle Raisers Association Special Ranger Robert Fields, District 25 in …
Continue Reading about Crime Watch: Bull missing in Goliad County
Texas crop progress and condition for September 26
Areas of the Lower Valley, South Texas, the Coastal Bend, the Upper coast, the Northern High Plains, …
Continue Reading about Texas crop progress and condition for September 26
Cow-calf Corner: Managing for optimum body condition scores
Mark Z. Johnson, Oklahoma State University Extension Beef Cattle Breeding Specialist During the …
Continue Reading about Cow-calf Corner: Managing for optimum body condition scores