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Cattle Call
9 - 11 - 2026
Live and Feeder Cattle futures appear to
be carving in some serious
bottom action that is worth looking at. I think some of the initial shock
of several bearish announcements from our government is shaking
off. Cash live cattle appear to continue to grind higher. Bids in the
north as of this morning were up to $222 with $224 in the south.
I think it is important to recognize that
domestic supplies in the long
term will continue to grow. Cattle are flowing from Mexico, and I
anticipate more border crossing stations to open. I think the highs for
the cycle are in. Open interest continues to remain low. There is too
much noise and not a light at the end of the tunnel suggesting that
this is still a bull market. That being said, I think there will continue to
be opportunity for the industry. Think more base hits than home
runs.
With increasing volatility, a marketing
plan becomes more crucial to
an operation. No matter what that plan may be, please have one.
Dont play into the volatility, when you can let it play into you. Hoping
for the market to rally has proven to be a costly plan. Lets not double
down on it.
The risk of loss when trading futures and
options is substantial. Each
investor must consider whether this is a suitable investment. Past
performance is not indicative of future results.
Dallas Granstra
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