Livestock futures gapped higher to start the week, this on the back of a friendly cattle on feed report and a revision to Friday’s headline suggesting China canceled the U.S. farm field trip.
It has been a race to zero between cash cattle and the board, yesterday cash made another big drop with reports of 96 in the South and 97 being paid in the North by a major.
On your way to work today, you may have bought something online on your phone, transferred money via PayPal (Venmo in the U.S), tapped your phone when buying a coffee and maybe even used a contactl
Live cattle futures traded to firm up but ended the session near unchanged after trading on both sides. We continue to question the value in front-month futures.
Former President Barack Obama has come a long way from his days as a community organizer. The Obama family is reportedly buying a 29 acre Martha’s Vineyard home.