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Sat, Jun 1st, 2024

Chris Swift

Chris Swift

Chris Swift is a commodity broker with 34 years of risk management experience in the livestock and grain futures markets for producers as well as institutional clients. As the principal broker of Swift Trading, Chris Swift is based in Nashville, TN,  with a branch office in Delray Beach, FL managed by Chris Winward.  In addition to offering brokerage services, Chris Swift authors two daily commentaries and hosts RFD-TV's Market Day Report as a commodity analyst. For more information or to sign up for a free 30-day commentary trial, visit www.swifttradingco.com

Most Recent Stories

"Shootin' the Bull" about planting trees

Many of you already know Patrick Gottsch, founder and owner of RFD-TV, passed this week. Having been affiliated with the Market Day Report and Commodity Wrap, I was able to experience firsthand how important...

Shootin' the Bull about opposites

There won't be much to say were prices to move lower in fats, simply due to there not having been any premium to appreciate from.  Not so in the feeder market, where not only premium abounds, but options...

Shootin' the Bull about breaking triangles and further rationing

Traders were able to push June out of its triangular pattern, but back months are a little slow in achieving the same.  Rationing is now a noticeable factor, and acceptable term in the cattle and beef...

Shootin' the Bull about inching towards trend lines

Traders stopped June at the top of the down trend line, via the close only chart.  The bar chart only has a few more cents from today's high to put the price at the top trend line.  With cash quite a...

Shootin' the Bull about further rationing

Rationing was stepped up last week as packers cut the slaughter pace again, sending boxes to over $314.00 as of mid-day today.  Rationing will continue until more cattle are made available to produce...

Shootin' the Bull about ability to market above current index high.

The feeder cattle futures remain premium to the index and as of Friday's close, minimum sale floors can be produced above the current historical high of the index.  So, you are able to market inventory...

Shootin' the Bull about more beef and fewer cattle

Of the most interest is that we are currently producing more beef than last year with fewer cattle.  Of everything you can mention that has created this, you are correct.  It's taken everything possible...

Shootin' the Bull about Polar opposites

Polar opposites in the basis of fats and feeders.  In fats, it's $9.00 positive and in the feeders $14.00 negative.  How is buying feeder cattle futures at a premium and selling fat futures at a discount...

Shootin' the Bull about a great start, poor finish

A near $4.00 range was created in a few contract months of the feeder cattle.  Computer traders were either anxious to get the week started, or maybe a few humans were, but whom ever wanted futures higher. ...

Shootin' the Bull about recognition

In my opinion, some changes were noticed this week.  Of the one most notable was further recognition of the agenda in place by others.  As the impact from becomes more obvious, it has begun to make cattle...

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Great chart to sum up Cathie Wood's Ark Invest over the last 2 years 😂 https://t.co/BUlFq8mIQj
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The Equal Weighted S&P 500 is underperforming the S&P 500 by the largest margin since the Global Financial Crisis https://t.co/w3oekLeJ0k
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Salesforce $CRM is the most oversold stock in the S&P 500 https://t.co/UuFnR1TXXn
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Shareholder files lawsuit against Tesla CEO Elon Musk, claiming that he sold $7.5 billion worth of $TSLA shares while having insider knowledge of a production miss https://t.co/3FNnQxvkci
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BREAKING 🚨: France S&P downgraded France's credit rating for the first time in more than a decade due to its rising budget deficit https://t.co/7IPkLBDRU8 https://t.co/k4vszS9j4v
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Occidental Petroleum $OXY recaptures its 200D moving average! Warren Buffett celebrating tonight 🥳 https://t.co/0712wxWm3S
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JUST IN 🚨: President Joe Biden vetoed a crypto bill that would have allowed highly regulated companies to custody Bitcoin $BTC and Crypto https://t.co/etvVjOUOnc https://t.co/RlHYpYOGKC
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Sell in May and go away? Forget about it. S&P 500 $SPX has traded green 77.8% of the time between April 30-October 31 during Presidential Election years, with data going back all the way to 1950. https://t.co/Guk8RpKDAL
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