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News
Hales: Why Cattle Futures Aren’t Buying the Cash Market’s Story
1+ week, 4+ day ago (131+ words) Hales Trading Co., based in Amarillo, Texas, is a commodity trading advisory firm specializing in cattle market analysis and futures trading strategies. Led by industry veteran David L. Hales, the firm publishes the widely followed Hales Cattle Letter, a daily report…...
Daily Livestock Report: Cold Storage Inventories Fall Despite Higher Meat Production
2+ week, 5+ day ago (503+ words) Meatingplace Daily Livestock Report: Cold Storage Inventories Fall Despite Higher Meat Production Sponsored in part by CME Group The latest USDA survey of cold storage warehouses presented a somewhat more constructive picture than the previous month. According to USDA, combined…...
Hales: A Bullish Surprise for the Cattle Market
2+ week, 6+ day ago (566+ words) Today’s Cattle on Feed report produced one of the larger surprises we have seen in recent years. It appears to us that cattle futures will open sharply higher Monday morning as a result of the significant decline in placements during…...
Hales: Beef Packers Turn the Tables as Slaughter Tightens
3+ week, 2+ day ago (354+ words) Bids in Texas and Kansas remain at $225, but we haven’t heard of any trade yet this week. Of course, the formula and forward contract cattle, which make up the bulk of weekly sales, are moving, but those prices won’t relate…...
Daily Livestock Report: Why the Cattle Herd May Have to Wait
3+ week, 2+ day ago (424+ words) Meatingplace Daily Livestock Report: Why the Cattle Herd May Have to Wait Sponsored in part by CME Group Range and pasture conditions have continued to deteriorate in the first half of August. Across the U.S., range and pasture rated poor and…...