News Details

Cattle futures gap up to record highs as cold blast hits TIGHT beef supply

(Jan 03, 2025)

Feb live cattle up ~$4/cwt this week while feeder cattle up $5.25. Will funds continue to defend long position? Heavy snowfall & bitter cold predicted in the Plains.

https://www.bnnbloomberg.ca/investing/commodities/2025/01/02/cattle-futures-rise-to-record-with-cold-blast-to-hit-beef-supply/

 

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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