Spillover Buying Drives Up Prices

REUTERS / U.S. December cattle futures sprinted to their highest ever for a spot month Nov. 4, in response to strong cash cattle prices and broader market advances driven by Greece debt resolution optimism. Cash cattle and outside markets ran higher, so you re bound to get some spillover buying across the board on the

Topping Action In Soybean Meal Sends Calming Signal

Livestock producers were left scratching their heads when the December 2011 soybean meal futures contract posted a new high in late August. The news was incredibly bullish, as concerns of an early frost were on producers minds. The big question was, Should I be locking in the price of meal before it gets any higher?


EU Meltdown Takes Down Global MF

The Chicago Mercantile Exchange and ICE Futures Canada said Oct. 31 that customers of broker-dealer MF Global were limited to liquidating their positions. The exchange, which owns the Chicago Board of Trade, said it would no longer recognize MF Global, which filed for Chapter 11 as a guarantor for floor trading. The company filed for



Harami Predicted A Strong U.S. Dollar

You d be hard pressed to find anyone this summer who wasn t aware of the United States escalating debt, increasing unemployment and home foreclosures that produced the current economic slowdown. All summer, as the news grew increasingly bearish, with newspaper headlines suggesting the greenback was about to crash and burn, more market analysts began

Gold Shines In Light Of Economic Uncertainty

Gold has garnered a lot of attention since nearly doubling in price over the past three years and gaining over 600 per cent this past decade. Gold’s lustre comes from the fact investors have always viewed the shiny metal as a safe investment in times of economic uncertainty. Unknown outcomes for debt-ridden countries such as


Time To AgriInvest

When 2010 AgriInvest Deposit Notices appear in mailboxes in the coming weeks, producers are encouraged to take advantage of this easy-to-use program. AgriInvest is a self-managed producer-government savings account that allows producers to set money aside which can be used to recover from small income shortfalls or to make investments to reduce on-farm risks. The

Reversal Pattern Alerts Livestock Producers To Cattle Price Downturn

Ca t t l e prices have been sliding lower, since a two-week reversal developed in early April, 2 0 1 1 . T h i s reversal pattern identified a quick halt to the rally after cattle prices climbed to an unprecedented historical high of $122.875. TWO-WEEK REVERSAL This chart formation indicates a change



Bull Market In Corn Resumes After Seasonal Downturn

It appears the seasonal tendency for corn prices to move lower in March may be over, due to the bears being unable to push prices below an important line of support on the December 2011 futures contract. This is also the point at which a reversal pattern called a harami materialized on the candlestick chart.