Futures trading is not for
everyone. The risk of loss in trading futures can be substantial;
therefore, carefully consider whether such trading is suitable for
you in light of your financial condition. Past performance is not
indicative of future results, and there is no assurance that your
trading experience will be similar to the past performance.
Mid
Day Cattle Comment
To sign up for the Mid Day Cattle
Comment, simply click the link above, fill the form out completely,
and I will add your email address. This comment is produced
while the markets are trading with the intent to help decipher
information for the purpose of making a more informed decision.
Live Cattle:
Today's lower trade appeared to be more from outside market
forces than anything else. I'm not sure the flush of shorts is
done with yet. I know producers would really like to see
another $2.00 plus before they would apply a great deal of pressure
on the market. Markets are closed tomorrow and I will back in
the office on Monday morning.
Feeder Cattle:
October remains in the trend channel. I think it will
remain there for a little while longer.
Corn:
On the mid day cattle comment, I made the
recommendation to buy December corn at the market to exit short
positions to be flat. I believe that the majority of the meat
is off the bone now and I'll look for another opportunity.
Wheat:
On the mid day cattle comment, I made the recommendation to buy
December wheat at the market to exit short positions to be flat.
Same as above.
For a copy of the "Security Agreement
And Assignment Of Hedging Account" just let me know and I will email
you the PDF file for you to view.
New Account Forms
Live account forms on line. They are very simple to use
and can be filled out in a matter of minutes. I look forward to
earning your business. If
you have any questions or would like further information, please
feel free to contact me at anytime.
