News Details

USDA Jan 2023 semi annual cattle report is bullish futures!

(Jan 31, 2023)
US beef inventory 29.8 mil (lower vs 2014), new record low, off -4% Y/Y. Beef replacement heifer off -6% vs expected -3.5% drop. Milk heifer replacements off -2% vs expected +0.1% gain! Baked in?
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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