Video Alert and PDF: Learn from a Market Veteran (Free!)
Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
See the markets Jim is watching each day
Get a free companion PDF that explains his "Cycle Trading" method
Learn how to identify chart formations that indicate potential breaking commodity markets
Watch Jim analyze actual charts in his videos, pointing out formations and signals
All you need to do to watch today's video and get the PDF is confirm here:
Cattle futures were lower today, with the summer 2015 contracts trading into the green before selling off to close in negative territory. January feeders finished at $230.50.The CME index is at $240.72 for the 11/25 average, up 3 cents from the previous day. Wholesale beef prices were higher again today, with Choice boxes up $0.26 and Select up $0.33. Week to date slaughter estimated at 347K head was 18K head larger than a week ago, and 26K head smaller than a year ago. Cash cattle traded in volume today at $172-173, with limited activity in the north at $267.00. Most of the asking prices in the north are still above $270.
Dec 14 Cattle closed at $169.250, down $0.900,
Feb 15 Cattle closed at $169.675, down $1.350,
Apr 15 Cattle closed at $168.300, down $0.800,
Jan 15 Feeder Cattle closed at $230.500, down $0.875
Mar 15 Feeder Cattle closed at $229.350, down $0.575
Apr 15 Feeder Cattle closed at $229.950, down $0.300