Processing...

MARKET TALK: CME Cattle Complex Touch Limit Floor

10/06/2008 10:47AM

Average rating:  (0)

Subscribe
Friend's Email *  
Your Email
Subject * 
Message
Verify
Refresh
If the number is difficult to decipher try selecting Refresh
Cancel
 
Send

All CME live cattle briefly traded limit-down on sluggish wholesale beef movement and bearish financial and equity market activity. Meanwhile, sharply lower CBOT corn topple deferred cattle months. Oct is 290 points lower at 92.70 cents a pound, and Dec is 300 points lower at 94.77 cents. Feeder cattle at one point also traded limit down across the board on live cattle's limit-plunge, profit-taking and "air" beneath the market. Oct is 227 points lower at 98.40 cents, and Nov is 280 points lower at 98.00 cents. (TWA)

Source: Dow Jones Newswire

Risk Management
10/6/2008 Morning Livestock Summary
10/3/2008 Texas High Plains Cash Grain Markets
10/3/2008 Grain Market Uncertainty Pushes Producers Toward Risk-Management Practices
10/3/2008 Kansas City Board of Trade Futures
10/3/2008 Weekly National Grain Market Review
10/3/2008 Morning Livestock Summary
10/2/2008 Texas High Plains Cash Grain Markets
10/2/2008 CFTC Enforcement Obtained Record $630M In Fines In FY08
10/2/2008 Technical Special: CME Dec Live Cattle Hit Low, Now Oversold
10/2/2008 Indexes Fall As Investors Pull Money Out Of Commodities
10/2/2008 US Economic Rescue Could Accelerate Futures Market Reform
10/2/2008 Kansas City Board of Trade Futures
10/2/2008 CME Group Reported Second Highest Volume Month Ever In September
10/2/2008 Morning Livestock Summary
10/1/2008 Texas High Plains Cash Grain Markets

0 Comments
EDUCATION CENTER

Revalor ®

Alpharma

IVOMEC

Scour Bos ®