Of course, we don't know how the bird flu situation will turn out. But, I see no strong reasons we won't see a three to four dollar (per hundredweight) seasonal cattle rally in the first quarter.
More Quotes from Dan Vaught:
The gold market is basically struggling to decisively overcome the 600 level. Until we see that, we may see some indecision on the part of traders on how to handle the market.Dan Vaught
Later reports suggested they (Saudi forces) foiled the (attack) attempt, but you still have crude oil up over 2 a barrel.
Dan Vaught
Several times we've seen all-time live cattle open interest records set the week before the Goldman roll begins. I expect we'll set another live cattle futures open interest record next week.
Dan Vaught
I doubt this will greatly affect the flow of Canadian cattle and beef to its export markets, since the recent round of trade agreements has been designed to safeguard the markets while keeping the flow of cattle and beef moving.
Dan Vaught
The general increase in commodity futures market open interest has reflected the growth of hedge funds. And, recently, the short side of cattle futures has seen increased participation from the more traditional commodity funds, also.
Dan Vaught
Readers Who Like This Quotation Also Like:
Based on Topics: Birds QuotesBased on Keywords: hundredweight
When you carry out acts of kindness you get a wonderful feeling inside. It is as though something inside your body responds and says, yes, this is how I ought to feel.
Harold Kushner
If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth.
Martin Feldstein
I'm not Sammy Glick. I've never killed anyone. I don't have to. I'm too talented.
David Geffen