Cattle & Beef - Close up shot of brown and white cow

Shootin' the Bull about nearing a turning point in cattle

Chris Swift Swift Trading Company Mon Jun 24, 2024
Cattle & Beef - Close up shot of brown and white cow

“Shootin’ The Bull”

End of Day Market Recap

by Christopher Swift

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6/24/2024

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Live Cattle:

Today's comments are via the webinar: click to view  "Nearing a Turning Point in Cattle"

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Feeder Cattle:

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Hogs:

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Corn:  

Grains resumed their down trend, but were able to claw back some of today's losses.  Beans were able to regain the lions share, but corn was able to trade off its lows as well.  The weather is expected to cause some volatility, but I doubt it will change direction. 

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Energy:

Energy continues to be stout.  I am unsure why, but it is nonetheless.  

Bonds:

Bonds were firm, but not much more than that.  I expect bonds to move higher. 

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This is intended to be or is in the nature of a solicitation. An investment in futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of the margin deposits.  You should carefully consider whether futures trading is appropriate for you in light of your investment experience, trading objectives, financial resources and other relevant circumstances. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. 


On the date of publication, Chris Swift did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.