Posted 2/27/2021 14:13 (#8861785 - in reply to #8861719) Subject: RE: Spikes Cattle Market Thoughts
They made their highs the third week in February like it normally does, so need to get one of those $10-12 breaks notched in our belts. Look at a corn chart that traded for 5 years between $3.40-4.20 most of the time, the base to launch from was built. Cattle have been stuck in this $1.03-1.23 most of the time, but it’s time is soon here.