South Central Kansas, Harper County | I've been long futures for little over a month, simply to hedge against future expected prices in cattle I was planning to purchase for wheat pasture. I bought my last load last week, so the long future cattle positions have served their purpose. I'm just looking for an exit point, soon. I agree with your thought Blu, due for a correction, but possibly higher later. Just curious if the chart would give me any insight or not? Thanks for adding the chart, Jim |
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