Tail Wagging the Dog on the Cattle Market | 8/21/24 Cattle Call
Cattle Call
•
10m
The cattle market is once again stuck in a negative trading pattern, with some saying the tail is wagging the dog. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek looks at how the algorithms are playing a significant role in driving this negative trade action. However, what a difference a week makes, as feeder cattle have started to push positive trade movement. The big question now is whether the low is in for cattle, or if further challenges lie ahead.
Up Next in Cattle Call
-
Perception vs. Reality in the Trade |...
Boxed beef prices were higher in the early part of the week, prompting a closer look at the overall cattle market through the lens of perception versus reality. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek discusses how external factors, from the stock market to geopolitical...
-
Could processing speed slow the cattl...
The market tone feels tired for cattle, with cash expected to trade steady at worst this week. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek talks kill cuts are becoming prominent as the industry strives to stay current with processing needs.
Looking long term, there's grow...
-
Is a Seasonal Cattle Drop Underway? |...
The old saying "when county fairs come around, so does the seasonal drop in the cattle market" rings true this year. On this week's Cattle Call, Brad Kooima with Kooima Kooima Varilek examines the early steady trade in the south that is setting the tone for the week. He discusses the steep discou...
