Live Cattle (Cash)Short
The current price of $1.8 per most likely too much supply
With after summer harvests in feed and cattle being processed we will see price drop as
we are after major holidays and a summer full of work and need. Demand slowing and graving period is ended. The current price of cattle dropping indicates a seasonal pattern where supply exceeds demand, often due to lower consumer purchasing during colder months and increased cattle slaughter rates. Additionally, feed costs may decrease, leading producers to sell more cattle, which can further drive prices down.
we are after major holidays and a summer full of work and need. Demand slowing and graving period is ended. The current price of cattle dropping indicates a seasonal pattern where supply exceeds demand, often due to lower consumer purchasing during colder months and increased cattle slaughter rates. Additionally, feed costs may decrease, leading producers to sell more cattle, which can further drive prices down.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.