News Details

Despite bearish USDA Cattle on Feed Nov 1 @ 100.3% (<12 mil but a record) & placements above @ 105%, headlines traded-

(Nov 25, 2024)

New World Screw worm in Mexican cow & border likely closed for 30 days. US supplies could tighten, futures to rally +$5-10/cwt?

https://www.reuters.com/business/healthcare-pharmaceuticals/us-suspends-mexican-cattle-imports-after-new-world-screwworm-case-2024-11-25/

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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