Cattle Futures Down Big Time - Commodities Futures Trading | futures io social day trading
futures io futures trading

Cattle Futures Down Big Time
Updated: Views / Replies:951 / 5
Created: by wormtrader Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Cattle Futures Down Big Time

  #1 (permalink)
Trading Apprentice
Grantville, PA
Futures Experience: Beginner
Platform: thinkorswim
Favorite Futures: futures
Posts: 1 since Apr 2015
Thanks: 0 given, 0 received

Cattle Futures Down Big Time

Been reading allot and most say they should be in 162-163 range but tanked friday to 149? anyone have any news on why

Reply With Quote
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

  #3 (permalink)
Market Wizard
Houston, TX
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
Posts: 2,384 since Dec 2013
Thanks: 1,928 given, 4,000 received
Forum Reputation: Legendary

Great FREE report on Ags & Livestock.

Quoting todays report...
Spring and summer fed cattle futures declined the daily permissible limit on Friday (300 points) as market participants were once again disappointed by prices paid in the cash market. In the last two weeks cash fed steer prices have declined by $7/cwt, a larger than expected drop, fueling fears of significant value erosion going into May and June.

Reply With Quote
The following user says Thank You to SMCJB for this post:
  #4 (permalink)
Trading Apprentice
Calgary, Canada
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: Forex, Futures
Posts: 11 since Dec 2014
Thanks: 3 given, 8 received

wormtrader View Post
Been reading allot and most say they should be in 162-163 range but tanked friday to 149? anyone have any news on why

I was wondering about this too, as I had my eye on it to go long. Price is recovering somewhat today though.

Reply With Quote
  #5 (permalink)
Trading Apprentice
Seoul South Korea
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES
Posts: 14 since Jun 2014
Thanks: 0 given, 5 received

Cattle prices react in about a 6 month to 1 year delay from corn prices. Essentially, cattle prices are a function of the cost of feed, because that is the biggest variable input cost for cattle. With corn prices down over the past 2 years, cattle prices are catching up on the downside. It looks like a long term bear market now in cattle and hogs.

Reply With Quote
The following 2 users say Thank You to street for this post:
  #6 (permalink)
Market Wizard
Linz Austria
Futures Experience: Advanced
Platform: Zaner360, TWS, Vantage
Broker/Data: DeCarley, IAB, RJO
Favorite Futures: Commodities
Posts: 1,265 since Nov 2014
Thanks: 1,583 given, 1,519 received
Forum Reputation: Legendary

wormtrader View Post
Been reading allot and most say they should be in 162-163 range but tanked friday to 149? anyone have any news on why

Cattle prices often show short moves that are hard to understand. But in the long run, the August and October contracts seem to be undervalued for fundamental reasons.

Seasonals also show upwards.

i am short the LCQ P142 and LCV P140.

The same seems to be true for the Hogs.

I am short the LHQ P72.

Best regards, Myrrdin

Reply With Quote
The following user says Thank You to myrrdin for this post:


futures io > > > > Cattle Futures Down Big Time

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5

Similar Threads
Thread Thread Starter Forum Replies Last Post
Daytrading Grain futures time frame trader343 Beginners and Introductions 6 May 19th, 2015 12:14 AM
Live Cattle Hammerhorn Reviews of Brokers and Data Feeds 3 May 25th, 2013 02:41 PM
Beef Prices May Jump As Drought Creates Cattle Surplus kbit News and Current Events 0 July 20th, 2011 08:55 PM
Real time futures market prices in Excel martifc Traders Hideout 13 December 30th, 2010 03:59 PM
Labor Day Picnics Trigger Stampede in Cattle, Beef Prices Quick Summary News and Current Events 0 August 21st, 2010 02:50 PM

All times are GMT -4. The time now is 02:25 AM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-05-24 in 0.10 seconds with 19 queries on phoenix via your IP