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Cash trade this week remained strong with Wednesday being the big Volume day as we move into the end of the week averaging $190.08. Yesterday saw lighter trade volume also saw a little bit lower average at $186.05. For strategy 2 with the topping markets buy puts to protect the current uptrend. If the uptrend holds once oscillators go to bottoming we can look at the long side of the market.

Posted By: CattleHedgingJune 9, 2023

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*The USDA has confirmed 1,931 hd of steers traded in the country so far today at $144.58 and another…

*The USDA has confirmed 4,043 hd of steers traded Friday in the 5 area at $136.93…

* The USDA has confirmed 3,792 hd traded in the country so far today with 3,110 hd of steers averaging …

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