We are entering a seasonal spread window for live cattle futures. This seasonal spread is selling August Live Cattle against buying December Live cattle.
Seasonal Trading
Turner’s Take Weekly: Corn, Wheat, & Soybeans
CORN: When it comes to the corn market, there is not much to write home about. USDA projects adequate stocks for both old crop and new crop, world stocks are ample, and ethanol demand growth (the major non-weather driver of the corn market for almost a decade) has tapered off. The next major catalyst for… Read more.