Fund BasicsSee More
- Fund Family iPath
- Assets Under Management 25,737,500
- Shares Outstanding, K 710
- 60-Month Beta 0.30
- Price/Earnings ttm 0.00
- Annual Dividend & Yield N/A (0.00%)
- Most Recent Dividend N/A on N/A
- Management Fee 0.45%
|Period||Period Low||Period High||Performance|
| || |
-0.08 (-0.22%)since 09/24/21
| || |
-2.19 (-5.71%)since 07/23/21
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+3.17 (+9.57%)since 10/23/20
The 2021 grilling season ended in early September. Live cattle, feeder cattle, and lean hog futures prices all moved to the downside in Q3, but they were all higher than the prices at the end of 2020 on...
It is the offseason for animal protein demand, and prices have been moving lower over the past weeks. Meanwhile, the latest WASDE report was not bearish for beef and pork prices.
Live and feeder cattle futures prices have been trending higher throughout the summer of 2021. However, the test of the market’s strength will come as the grilling season ends this coming weekend.
The peak grilling season in the US starts on the Memorial Day weekend at the end of May and runs through the Labor Day weekend in early September. Meat prices tend to rise during the peak demand season....
Cattle and hog futures prices have been trending higher since April 2020. The 2021 grilling season looks a lot more bullish than last year as the virus fades into the rearview mirror.
|3rd Resistance Point||36.46|
|2nd Resistance Point||36.32|
|1st Resistance Point||36.11|
|1st Support Level||35.76|
|2nd Support Level||35.63|
|3rd Support Level||35.41|